Commercial loans are a form of short-term, secured or unsecured financing. These are tailor-made for small and medium scale enterprises. It is often availed to acquire raw materials, upgrade the existing manufacturing equipment, etc. However, businesses can also fund large scale expenditures and support operational costs with the help of a commercial loan. Shortage of funds is one of the foremost issues plaguing short and medium scale industries in India. These organisations operate with a significantly smaller capital than their large scale counterparts, which leaves them with limited resources to…
Read MoreWhat Does a Commercial Loan Mean and How Businesses Can Benefit From It?
