Business Loans

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Reasons behind Rejecting your Application for Small Business Loan

Reasons behind Rejecting your Application for Small Business Loan

Article highlights:

1. It is a common thing for a small business to need a loan at some point in time.

2. Most small businesses get their loan application rejected at least once.

3. You need to make a few changes if you want to succeed.

4. The loan can be rejected if you don’t have enough collateral.

5. The bank can reject the loan because the business credit does not look good.

6. If the business is new, there is no credit...

All You Need to Know about the Commercial Mortgage-Backed Security Loans

Article highlights:

1. There are good numbers of loans available for those in the real estate sector.

2. Real estate owners often require a large amount of money.

3. Commercial Mortgage-Backed Security loan is provided by coming together of lenders.

4. Lenders make money from interest on loans.

5. Borrowers should pick lenders that have low interest.

6. The amount invested by the participants of Commercial...

Eligibility for Loan against Property in India

Article highlights:

1. Your property can serve as collateral for your intended loan.

2. Financial institutions are more comfortable with loan against property because they have something to hold on.

3. Loans against property have interesting interest rate.

4. Professionals cutting across many fields are eligible for loan against property.

5. The minimum age to apply for a loan against property is 24 years.

6. Applicant would need to be up to 65...

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