We offer term loans to businesses for their expansion, capital expenditure and for fixed assets. These are generally short-term loans, having tenure of up to 5 years. These short-term finance options are structured in a way that it meets your business finance needs. Term loans can also be sanctioned for the project or non-project loan. Project loans are sanctioned for setting up a new unit or for expansion of existing units whereas non-project loans are those extended for the acquisition of fixed assets, like a machinery, factory, etc.
Benefits of Term Loans for a business are Low-cost credit, Financing as per cash-flow, Customized products to meet your requirements, Products offered across leading lenders, Short-term finance, having a tenure up to 5 years, Flexible loan offering, repayment can be scheduled as per cash-flow, Hassle-free documentation and quick turnaround time..