Business Loan: 7 game-changing factors that determine your interest rate

Business Loan: 7 game-changing factors that determine your interest rate

Funding is one of the biggest requirements for most businesses to survive or sustain. Funding can come from equity, debt, or other sources. Many organisations rely on business loans for their various needs. Lenders consider several parameters to decide whether the business is eligible for a loan and what should be the interest rate charged. … Read more

What are the specific CIBIL score requirements for business loans? MintGenie explains

What are the specific CIBIL score requirements for business loans? MintGenie explains

CIBIL score is an important factor that banks consider when evaluating applications for business loans. While there is not a fixed threshold of CIBIL score requirement which is applicable universally to all banks, a higher CIBIL score usually raises the likelihood of loan approval and favourable terms. Here are the general rules: Excellent credit score (750 and … Read more