Agriculture Plots

Agriculture Plots

When the existing businesses or industrial houses need to generate funds or working capital, they apply for a corporate loan. The fund made available through this loan is used for smooth functioning and takes care of short-term as well as long-term expenses. For instance, it could be used to meet the daily expenses, fund working capital, upgrade machinery and for any other expansion related activities.

Corporate loans can either be secured or unsecured. Secured loans demand a business asset as collateral as a part of security. In case of non-payment of loan, the lender can seize the asset to claim the unpaid amount. If you apply for secured loans, you can benefit from a lower rate of interest, higher borrowing limits and longer repayment terms compared to unsecured loans.