Business Loan- Working Capital Products
Banks/Financial institutions offer Fund Based, Non-Fund Based limits and term loans to business entities/companies for the purpose of their working capital requirements. Various products offered under working capital loans includes:
- Overdraft facilities
- Cash credit facilities
- Term loans
- Pre/post shipment finance (Indian rupee or foreign currency)
- Bill discounting (Indian rupee or foreign currency)
- Invoice financing
- Factoring against insurance (Indian rupee or foreign currency)
- Working capital demand loan
- Working capital Term loan
- Letter of credit (Indian rupee or foreign currency)
- Bank guarantees (Indian rupee or foreign currency)
- Forex products : Forward contracts and vanilla products