Loans & Advances
Loans and advances refer to funds provided by a financial institution or business to individuals or companies. Loans typically come with an interest rate and a set repayment schedule, while advances may be paid in advance for goods or services. These financial products help businesses and individuals meet immediate financial needs. Proper management of loans and advances is crucial for financial stability and cash flow.
Cash Credit
Cash credit is a short-term loan provided by banks to businesses, allowing them to borrow money up to a certain limit to meet working capital needs. Interest is only charged on the amount withdrawn, not the full credit limit. This facility helps businesses manage their day-to-day expenses and maintain liquidity. Cash credit is typically secured against the company’s assets like inventory or receivables.
Loan Consultation
Loan consultation involves providing expert advice and guidance on the best loan options based on an individual's or business's financial needs. Consultants help with loan application processes, document preparation, and ensuring the best interest rates and terms. They also assist in understanding repayment schedules and loan structures. A proper loan consultation helps make informed decisions and manage debt effectively.
Features
Financial services involve managing money through investments, loans, and savings to achieve financial goals. They help individuals and businesses optimize their financial health and grow wealth.
- Investment Management
- Wealth Management
- Financial Planning
