I remember the time I and my friend were helping his father in their business. They have an electronics business which they were planning to sell and set-up a new and bigger plant at that time. However, the money obtained by selling the old plant wasn’t enough to start the new plant, hence we did intensive research and settled for a regular business loan from a local bank. That’s when the problem started, the borrowed capital wasn’t enough to satisfy all the expenses. They weren’t even a tad bit flexible with their repayment tenor, and their staff were highly impolite. Thus, if your business also needs a financial loan now, or in near future; I would advise not to commit similar mistakes like my uncle did and take a professional loan for engineers from Bajaj Finserv or any reputed NBFC. Here are some benefits of taking Bajaj Finserv Engineer loan:
Bottom line: If you ever require a loan, choose what’s best for you. Don’t trust word of mouth, do your own research and filter the best schemes for your business.
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AuthorAman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management. |