by trueimpactdigital | Jul 15, 2024 | Loans
Negotiating a better interest rate for a Loan Against Property (LAP) can significantly reduce your total borrowing costs. Here are strategies you can use to negotiate a lower interest rate effectively: 1. Improve Your Credit Score: Credit Score plays a crucial role in...
by trueimpactdigital | Jul 15, 2024 | Loans
The Importance of Cash Flow Forecasting in Loan Applications Cash flow forecasting plays a crucial role in the success of a loan application for businesses. It provides a clear picture of a company’s financial health, helping both business owners and lenders make...
by trueimpactdigital | Jul 15, 2024 | Loans
The Importance of Business Credit: How to Build and Maintain It Business credit is crucial for entrepreneurs who want to grow and sustain their businesses. Strong business credit can help you secure loans with better terms, establish relationships with suppliers, and...
by trueimpactdigital | Jul 13, 2024 | Loans
Choosing between a Non-Banking Financial Company (NBFC) and a bank for a Loan Against Property (LAP) depends on several factors, including loan terms, flexibility, interest rates, and your personal preferences. Both NBFCs and banks have their pros and cons. Here’s a...
by trueimpactdigital | Jul 13, 2024 | Loans
When applying for a Loan Against Property (LAP) or any property mortgage loan, lenders conduct a detailed assessment of the property’s value to determine the loan amount they are willing to offer. This process is known as property valuation. The loan amount typically...
