Unsecured Personal Loan - PowerPoint PPT Presentation

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Unsecured Personal Loan

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Get unsecured business or personal loans from different Banks, NBFCs. Compare for the lowest interest rate. Apply now – PowerPoint PPT presentation

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Title: Unsecured Personal Loan


1
Unsecured Business Loans
2
Unsecured Business Loans
  • A small and medium businesses often go in for
    either secured or unsecured loans. Secured loans
    are also called asset-backed lending, issued
    usually against collaterals like inventory,
    unpaid invoices, equipment and real estate.

3
  • Cases When Secured Loans are the best solutions
  • Where the financial need is long-term and is not
    intended to be repaid in the short run
  • Where the business has strong investments in
    property/ equipment/ other collaterals that can
    be availed credit against
  • Where your credit score is not very impressive
    enough for an unsecured loan
  • Where you might need top-up loans
  • Where your repayment instalments are not very
    high, meaning you need a long repayment period

4
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5
  • Cases When Unsecured Loans are more profitable
  • Where you need immediate cash injection and
    cannot wait for the valuation process for
    collaterals to get over.
  • Where there is no collateral at hand that can be
    pledged
  • Where you do not wish to risk your personal
    assets
  • If the loan is for short-term use and you have
    good monthly revenue for repayment
  • Where you are not in need of huge amounts that
    may require collateral to obtain a loan

6
A Pros and Cons comparison
  • Secured
    loans come with lower rates of interest and a
    longer repayment period when compared to
    unsecured loans.Lenders of secured loans are
    usually institutional and SMEs need not fear
    falling prey to unscrupulous loan sharks who
    torment borrowers with high rates of interest.

7
  • ADDRESS
  • No. 86, New No. 74, 4th Floor
  • 5th Avenue, V Block,
  • Anna Nagar,
  • Chennai-600040
  • CONTACTc
  • 6369664867
  • E-mailcare_at_vserveloans.com
  • care_at_vserveloans.com
  • care_at_vserveloans.comcare_at_vserveloans.
  • care_at_vserveloans.com
  • care_at_vserveloans.com

8
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