Term Loan

Term Loan Consultants in Ahmedabad

  • Wanting to get ahead in your career by starting your own business or to expand your existing business ? Term Loan might be good option. Every business requires funds. Hence, getting a Term loan from a bank is a quick solution.

  • A term loan is a simply a loan that is given for a fixed duration of time and must be repaid in regular installments.

  • Term loan is a medium-term source financed primarily by banks and financial institutions. Such a type of loan is generally used for financing of expansion, diversification and modernization of projects.

The most important advantages of term loan are,
  • Cheaper source
  • Tax Benefit
  • Negotiable
  • Generally having a tenor up to 5 to 7 years, these loans are tailor-made to suit the various financial needs of businesses. Minimal documentation, quick disbursal of funds, and flexibility in repayment are some of the major benefits of these loans.

  • Term loan is primarily applied to meet cost for Land, cost for building Construction, cost for Machinery, cost for Electrification, cost for Furniture as well as cost for research & marketing cost.

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