Business or Commercial
Loans is essentially
to make business
grow and capitalizing
on existing investment
opportunities.
Secured
business loan
Entrepreneur
/ Owner offers
a collateral
against the
loan amount
taken. Collateral
can be anything
from raw material
to finished
products, land
and building
of the business
to plant and
machinery.
Unsecured
Business Loan
Typically such
loan doesn’t
require collateral.
It is normally
at a higher
rate of interest.