term loan

Difference between Term Loan and Working Capital Loan in India

Difference between Term Loan and Working Capital Loan in India

Businesses need external financing to succeed. No matter how large or small, every business relies on a variety of financing options to stay afloat and expand. It may be used to pay the rent or stock up on materials for an organization's everyday operations. Alternatively, a firm may need a loan to fund its growth plans. Leading NBFCs and financial institutions offer a range of financial products to meet working capital expenses at affordable term loan interest rates. People who run small and medium-sized businesses (SMEs) often have an immediate working capital requirement to run their operations or expand their…
Read More