Cash Credit Loan

Best For: Businesses needing short-term working capital.

• A flexible loan facility where businesses can withdraw funds up to a predetermined limit.
• Interest is charged only on the amount used.
• Requires collateral such as inventory, accounts receivable, or property.

Loan Against Property (LAP)

Best For: Businesses looking for high-value funding with low interest rates.

• A secured loan where the property is mortgaged to get funds.
• Loan amount depends on property valuation (typically up to 60-70% of market value).
• Lower interest rates compared to unsecured loans.

Machinery Loan

Best For: Businesses looking to purchase machinery or upgrade equipment.

• Financing available for purchasing new or used machinery.
• Some banks/NBFCs offer 80-90% financing on machinery cost.

Working Capital Loan

Best For: Businesses facing temporary cash flow issues.

• Short-term loans to cover operational expenses such as salaries, rent, or raw materials.
• Helps bridge the gap between receivables and payables.

Term Loan

Best For: Business expansion, purchasing land, or high-value investments.

• Can be short-term (1-5 years) or long-term (up to 10-20 years).
• Secured or unsecured, depending on the business's creditworthiness.

Overdraft Facility

Best For: Managing short-term cash crunches.

• Banks allow businesses to withdraw more than the available balance in their accounts.
• Interest is charged only on the overdrawn amount.

Invoice Financing

Best For: Businesses that need immediate cash against unpaid invoices.

• Lenders provide advances on outstanding invoices.
• Helps maintain cash flow without waiting for customer payments.

Business Credit Line

Best For: Startups & SMEs requiring flexible credit.

• Works like a credit card with a pre-approved limit.
• Interest is paid only on the amount used.