Every Business has their own policies towards accepting loan, depending upon type of business and projects exists with the business.
Business Loans are categorised as below :
WORKING CAPITAL LOAN
Working capital plays a vital role in increasing turnover and thereby increasing rate of return at fast pace. This is a type of unsecured short term loan to keep your business away from any financial roadblocks.
Purchase of Install or upgrade to the latest plant and machinery or equipment with a machinery loan and meet bulk orders smoothly. SME and MSME loans: Small and medium enterprises can now grow their operations and scale in an easy way with SME and MSME loans.. Business loans for women: Especially designed for women entrepreneurs, Business loans for women offer finance up to Rs.20 lakh to support their growing business needs.