by trueimpactdigital | Jul 25, 2024 | Loans
The Role of Personal Guarantees in Business Loans in India: What You Should Know When applying for a business loan in India, especially for small and medium enterprises (SMEs) or startups, lenders often require personal guarantees as part of the loan agreement. A...
by trueimpactdigital | Jul 21, 2024 | Loans
Navigating the Different Stages of Business Financing: From Start-Up to Growth As a business progresses through its life cycle, the financing needs and options evolve. From launching a start-up to scaling and sustaining growth, each stage requires different strategies...
by trueimpactdigital | Jul 18, 2024 | Loans
An Overdraft (OD) facility against property mortgage, also known as a Loan Against Property (LAP) Overdraft, allows you to borrow funds against the value of your property with the added flexibility of withdrawing money as needed, similar to a credit line. You can...
by trueimpactdigital | Jul 18, 2024 | Loans
Obtaining a Loan Against Property (LAP) without proof of income can be challenging, as most lenders require proof of income to assess a borrower’s repayment capacity. However, there are alternative ways to secure a LAP even if you do not have conventional income...
by trueimpactdigital | Jul 18, 2024 | Loans
The Pros and Cons of Short-Term vs. Long-Term Business Loans When financing your business, one of the critical decisions you’ll face is whether to opt for a short-term or long-term business loan. Each loan type serves different purposes and comes with its own...
by trueimpactdigital | Jul 17, 2024 | Loans
Secured vs. Unsecured Business Loans: What You Need to Know When seeking financing for your business, one of the key decisions you’ll need to make is whether to apply for a secured or unsecured loan. Each loan type has its own benefits and risks, depending on...