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Financial Services
Smart MSME offers all type of loans for all types of business activities to fulfill their short term and long term requirement.
Loans for purchasing Raw Materials & Industrial Supplies is a highly customizable offering from BizFunds, tailor-made to suit the needs of SMEs. These short term, largely collateral free loans can be used by SMEs to meet their immediate business requirements and help them manage their working capital cycle better.
You can avail these loans to purchase raw materials like steel, polymer, chemical, yarn paints, inks etc for manufacturing your product and for industrial supplies/MRO products like safety tools, power tools, electricals, appliances, hardware, medical supplies etc- all the equipment you could possibly need for you manufacturing process- now on easy customizable loans by Smart MSME Services.
Term Loan:
A term loan is a loan issued by a bank for a fixed amount and fixed repayment schedule with either a fixed or floating interest rate. Companies often use a term loan’s proceeds to purchase fixed assets, such as equipment or a new building for its production process.
Working Capital Loan
A working capital loan is a loan that is taken to finance a company’s day to day operations. These loans are not used to buy long-term assets or investments and are, instead, used to provide the working capital that covers a company’s short-term operational needs.
Business Loan / Unsecured-
When an operating business needs more funding, it applies for a corporate loan to cover expansion plans, extended requirement in working capital not covered by the existing Working Capital loan. These loans are taken for shorter period for better growth & high revenue in return.
Loan Against Property-
Loan against property is a loan which can be avail by keeping commercial/residential and industrial property as collateral. The security in this kind of loan is the property owned by the borrower applying for the loan. These loan are taken for long term and as considered as secured loan.