Credit Corporation

Loans to corporations can be either unsecured or secured. Unsecured loans are not tied to collateral and are granted solely based on a company's creditworthiness. Secured loans, which have a higher loan amount than unsecured  corporate business loans , may be preferred by companies that have adequate collateral to offer.   Types:   1. Loan for a Specific period   Loan funds can be used for various purposes, including capital infusion, property purchases or renovations, and the purchase of new machinery or technology.   2. Security-Based Loans   To raise money for your business, you can pledge securities you own, like mutual funds, insurance policies, bonds and DEMAT shares, as well as fixed maturity plans and exchange-traded funds.   3. Bank Guarantee and Letter of Credit Facility It's a kind of credit facility in which the bank guarantees the seller that you'll pay the expected amount on time. 4. Access to a Cash Credit Line By pledg...

Lease financing is a contractual agreement between the asset owner (lessor) and the asset user (lessee). The owner allows the asset to use the help in exchange for a periodic lease rent for a specific period.  Lease finance company PNG   owner (lessor) retains title to the goods. Long-term financing would be impossible without it.   Benefits :   1. Financing that is 100 per cent your responsibility   100% financing is an option if you are strapped for cash but want to start a new business. To make leasing as beneficial as possible for both parties, the terms are structured so that no money is exchanged before leasing begins.   2. There is no danger of becoming obsolete.   The lessor owns the asset that the lessee is using by the terms of the lease. In contrast to him, the lessee reaps the rewards of leasing rather than owning.   3. Payments that are set in stone   In this way, customers avoid the risk of rising interest rates and simplify the...