All businesses need funds at some point of time or another, either for day to day working or for business extensions. Funds also become necessary when you plan to take your business to a new level. But as Salesforce advocates on their website, without proper lead scoring, your business will go nowhere. So what comes first to your mind when you need funds is to sell your personal investments. But this is not the only way out, business loans can be handy when you need funds for your business. According to small business marketing agency, a Business Loan is thus an unsecured loan at an interest rate, giving you access to credit that can be paid back over an agreed time along with the interest, without any security against it. Business loans help to keep your business going, and if you need to manage employees, the use of a W2 vs W4 form can be useful for this. A business loan can be used to expand your current business venture or require new machinery or equipment for your enterprise



The following people are eligible to apply for a Business Loan:


The following documents are required along with your Business Loan application:


  1. Working Capital: Business Loans can be taken for meeting the expenses of daily operations of the business. It helps the business to function till the business starts earning an adequate income. It helps you to keep the business running in the market.
  2. Business expansion: If your business is earning well and you are planning for expansion then you can apply for a business loan to ensure your firm or enterprise keeps on going strong, and use the loan for leasing a new office space, hiring more workforce, building efficient technological support, procuring raw material, increasing your marketing, getting professional CRM Platforms, etc.
  3. Buying machinery and equipment: You can also take a loan for the purchase of machinery and equipment, use the machinery for its life and then sell it at its salvage value.
  4. Infrastructure: Infrastructure is an integral part of any business. It helps you to increase your future prospects and the goodwill. Business loans can be taken for infrastructure as well.
  5. Inventory turn load: Business loans can fund your purchase of a large amount of inventory to gear up for your busy season and make sure that there is no lag time between demand and supply.


  1. Term Loans: These are short-term, long-term and intermediate loans varying in tenure from 3 years (short-term) to 10-15 years (long-term). These assets can be financed with a term loan- Land and building, building construction, infrastructure creation, renovation, purchase of equipment, machinery, vehicles.
  2. Overdrafts: This one is a temporary loan, wherein the account holder overdraws from his current account as per agreed terms.
  3. Working Capital Loans: These loans are availed to meet day to day financial requirements of businesses.
  4. Cash credit: Cash credits are loan granted in the form of overdrafts against the security of stock in trade/ raw materials. Cash credit facilities is usually secured by pledging current assets of the organization like inventory or receivables. Cash credit facility is ideal for financing working capital – inventory and receivables.
  5. Loan against property: A loan against property is a loan in which the collateral is a residential or commercial or vacant land. The funds raised by way of loan against property can be used by the business for any purposes including advertising, research, business expansion, staff salary, starting a new business, working capital requirement, capital asset requirement, buying land, etc., Usually there are no restrictions on the application of funds – sanctioned as a loan against property. Hence, the funds can be used for any purpose.
  6. Loan against shares or financial securities: A loan can be raised against financial securities such as demat shares, mutual fund units, fixed maturity plans (FMP), exchange-traded funds (ETF), insurance policies and savings bonds. The funds raised by pledging shares or financial securities can be used for any purposes.

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CMT Level 1 Study Material

As a matter of fact you can watch live market trading that helps you to connect with CMT. Join a Technical Analysis Course which works on real time markets by using tools & techniques . That’ll give you behavioural understanding of real time Share market. Understanding the money management by real time trading or investment activity. As we know CMT is an MCQ Exam & ask question on application level. Create short notes of Course Content. Get PPT based Short Notes & note interpretation of tools & Techniques on technical analysis. Short Notes help you out to quick revision at the CMT exam time. CMT Books have very complicated language & course content is not properly aligned as it takes topics from various books of different writers. 

So we have to take individual topics and understand concepts in simple, Concise and Clear manner. Take content from various books or websites like Investopedia or Stock Charts on Each Topic for in-depth understanding. Apply tools & techniques with the help of Technical analysis or trading software’s. Read Books twice as MCQ can be created from a single line. while study mark important topics.