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Due to economic crisis, many of the businessmen are facing the financial obstacles in business. Day by day cash needs required in business is growing. For the development or progress of business, businessmen need a large amount of money. Getting loan for the advancement of business is the best alternative. For the growth of business, loans for business are available in the financial market. According to the needs, businessmen can acquire loan amount for their business. In two forms business loans are available namely secured and unsecured. Secured business loans are used for the fulfillment of long term needs and desires. Borrowers have to pledge their valuable asset as a security against the loan amount. The valuable asset can be your home, luxury car, building and property. Under this option, loan amount ranges from $5000 -$75000. If your desires and needs are much longer and not satisfying with required money then you can avail more loan amount depending upon your collateral. You have to return amount in flexible time duration varying from 5-25 years. Secured loans are asset based so, lenders offer lower interest rate. On the other side, with unsecured business loan, the...more
A graduation degree from any recognized university with not less than 50% aggregate marks in any stream is the standard requirement for CAT application. Leading management institutions like IMT which ranks third amongst private B-schools in India...more
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