Corporate loans are available to the existing businesses / industrial houses in Indian Rupees or in foreign currency. Corporate loans are obtained to generate funds or working capital which are business objective specific.
Corporate Loans are sanctioned to those applicants who establish their business existence for at least 5 years out of which last 2 years with profit coupled with strong credit rating and proven track of successful business transactions. The repayment status with other lenders or financiers, strong working capital management etc. are the other factors considered by the lending institutions while sanctioning the loans.
With quite competitive rate of interest Corporate Loan is one of the well accepted way to raise the business finance for a period of 5- 5.5 years.
