A Commercial Vehicle Loan is an unsecured loan that assists borrowers, usually self-employed individuals, trusts, partnership firms, organizations, etc. in purchasing any commercial vehicle essential for their transport business or any other business. Since it requires no collateral, you can get commercial vehicle loan online at attractive interest rates and flexible tenure options. ABROS Financial Corporation offers commercial vehicle loan with quick documentation and instant approval that makes it an ideal solution in times of financial requirement for your transport business. A commercial vehicle loan can be used to purchase buses, trucks, tippers, tankers, light and small commercial vehicles.
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All Corporates having turnover Rs.500 Cores or project outlays of SPV's of Rs.500 Cores and above OR minimum exposure ( Funded + Non Funded) of Rs.25 Cores. Both public sector and private sector companies are eligible. Entire project assets both movable and immovable, project cash flows, intangible assets.
Banking and NBFC finance still remains the mainstay of India’s small and medium enterprises. Business loan help your small business grow, allowing you to invest in infrastructure, operations, and plant and machinery. Moreover, business loans can also be a veritable medium of maintaining Business for critical business operations. Customized business loans are a new category of business loans which are tailored to meet the specific needs of a new age business or startup. These loans offer your enterprise the opportunity to scale and give it the competitive edge necessary for success in today’s world. A business loan is basically a borrowed amount of capital that is used for an investment in a new or existing business set up. Whether small or medium-sized enterprises (SMEs) or large businesses, it is absolutely important to understand how these loans work. From the people involved, the formalities, benefits, to the risks, terms and conditions – all the aspects require your utmost attention before you proceed to take a loan. Proceed and learn about them below with us!
