Category

img
Flat Rate v/s Reducing Interest Rate
16Aug 2021

Understand the Difference Between Flat Interest rate vs. Reducing Interest rate

Introduction to Flat Rate and Reducing Interest Rate Non-banking financial companies (NBFCs) and banks offer different types of financial assistance for fulfilling the applicants’ monetary needs. The financial aid includes an MSME loan for business, home loan, corporate loan, or personal loan. When we apply for a loan, lenders give us the option of a …

Read More
FACTORS THAT DECIDE BUSINESS LOAN INTEREST RATE
17Jul 2019

WHAT ARE THE FACTORS THAT DECIDE BUSINESS LOAN INTEREST RATE?

Business loan interest rate is an important aspect that every borrower considers before opting for a loan. In fact, for most of the borrowers picking the right loan comes down to a single factor- interest rate. Interest rates largely hit your loan terms and future business needs. Thus, determining the rates and getting a clear …

Read More