Loan

A loan in terms of small business finance is a sum of money advanced to a business that must be repaid, with interest at some point in the future. The lender must bear the risk that the borrower may not repay the loan. The interest rate charged is the price for that risk. A loan is money, classified as debt, for temporary use. A business has to apply for a loan through some lending organization. A lending organization might be a commercial bank, credit union, or other lending organization like a thrift institution or an alternative source of loans for businesses. Loans may also be guaranteed by the Small Business Administration which usually makes them easier to obtain.

Home Loan

May it be the Dream Home of a common middle class family or theSuper Luxury Abode of a rich millionaire, an owned House is closest to ones heart & soul. So it becomes very important to carefully compare the Home Loan providers for the same. One you can trust to safeguard your Home the way you would.

We understand this emotion and hence empower you to compare & select the home loan providers of your choice.

Mortgage Loan

A mortgage loan is a type of secured loan where you can avail funds by providing your asset as collateral to the lender. ... A mortgage is usually a loan sanctioned against an immovable asset like a house or a commercial property. The lender keeps the asset as collateral until the borrower repays the total loan amount.

Business Loan

A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest.

Example-

Business loan types include term loans, SBA loans and business lines of credit.

Broadly there are 8 Types of Business Loans in India:

• Working Capital Loan
• Term Loan (Short & Long-term Loan)
• Letter of Credit
• Bill/Invoice Discounting
• Overdraft Facility
• Equipment Finance or Machinery Loan
• Loans under Govt. schemes
• POS Loans or Merchant Cash Advance