Author: Anjitha

A secured loan against property (LAP) is obtained from a lending provider. It is a loan against property, which must be tangible and immovable (residential or commercial), as the name implies. A bank, NBFC, or HFC are examples of loan providers or lenders (Housing Finance Company). To obtain this loan, a borrower must pledge their own property as collateral. The loan amount disbursed is determined by the property’s worth, or what is known as the loan to value. The loan amount advanced may equal up to 60% of the property’s worth depending on several regulations. The borrowed money must then…

If you ever have an urgent need for money to cover your expenses, personal loans can be a very useful financial tool. You should be aware, though, that there will be additional costs in addition to the interest on your personal loan. In addition to the interest rate, the lender also assesses a number of other expenses, such as processing fees for personal loans, loan closing fees, and closing costs. It is best to evaluate current personal loan interest rates and other associated costs before applying for a personal loan to verify its affordability. Many lenders not only offer personal…

No matter how it is built or how big it is, every business needs working capital to run its daily operations. A significant lack of working capital can seriously impair daily business operations and disrupt supply chain management. Because of this, it’s crucial for business owners to learn about working capital management to ensure that their companies have consistent cash flow. However, when faced with a cash crunch, business owners can finance their operations through working capital loans. Easiest ways to get working capital loans Such credit options fall under the category of short-term loans, which are frequently taken out…