Opting for a fixed interest rate is preferable as you can avoid the uncertainty of variable rates and facilitate future payment planning. Repayment tenure When choosing your loan, keep in mind that longer tenures result in lower monthly instalments but higher interest rates, while shorter tenures ...
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At FlexiLoans, you can get up to Rs.1 crore as a business loan at an interest rate of just 1%. Loan Tenure: Depending on the terms of the lender and the borrower's needs, the loan period for a GST business loan might range from a few months to several years. Longer-term loans ...
Features of Business Instalment Loan No collateral requirement Avail Collateral-free business loans up to a maximum value of INR 1 Crore with tenure up to 4 years. Less documentation Get Credit assessments done easily based on GST statements. Top up facility Avail Top-up facility based ...
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How to apply for a DBS Digital Business Loan^? What is the applicable rate of interest? Does the bank charge any fees? What type of collateral are acceptable for the loan? On applying for the loan, will my information be shared with any third party? What are the timelines for credit de...
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loans require no collateral, there is always a risk attached. Therefore, the rate of interest is higher for unsecured business loans than their secured counterparts. The applicable interest rate is based on several factors the business’s annual turnover and credit rating and amount of loan ...