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How to get Business Loan – 50% cheaper!

Lenders take you for a ride because you always HATED Maths as a subject when you were young. For Rs.100000, you have to pay Rs.3690 as EMI every month for 3 years. The interest rate is 19.5%. It can be portrayed to you as 11% also. The actual rate of interest goes up to more than 25% if you include Processing Fee & the insurance they hard-sell you. Ok, I know you hate Maths. So forget the calculations.

Just remember that you end up paying more than 25% as rate of interest when you take a business loan. You have to pay every month even if you don’t use the money.

Is there something affordable?

So what, if I tell you that you can get an unsecured business loan for 12-14% which works like an Overdraft & you have to pay interest only when you use it. Yes, such a thing exists.

If you are engaged in Manufacturing or Services, it exists for you. The scheme is called CGTMSE – Credit Guarantee fund Trust for Micro & Small Enterprises. Before you lose heart, a Small Enterprise is one which has invested in Plant & Machinery upto Rs.5crores. This is for the manufacturing entities. For someone engaged in services, investment in equipment upto Rs.2 crore qualifies for this scheme.

More about CGTMSE

The limit can be taken from any scheduled Bank. The limits are available till Rs.1crore. YES, Rs.1crore. The Bank assesses limit requirement as it does normally & then takes a call whether they can be given to you or not. They come without any collateral which means you don’t have to give any security to the Bank for getting this loan.

CGTMSE limits are partially guaranteed by SIDBI. They can be taken in form of Overdraft, Term Loan, Bank Guarantee, L/C limits.

You can ASK experts on BankerBhai more about CGTMSE and Apply now for CGTMSE Loan.

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Fee Fi Fo Fum – Here Comes the Ivanovic

Football players are known for their commendable stamina and skills. They are a level above the common folk male species owing to their sheer brawn. Granted, they are not exactly Nobel Prize winners or regular academic winners per se (though there are a few exception who have been known to break the stereotype of muscular jocks), but then again no one expects them to be more than a goal scoring machine. If we liken our world to an animal kingdom, the football stars would most probably be the alpha males that lead their packs, or the wolves perhaps (because of the aggressive group clique mentality).

Now while most football players might be just charismatic in appearance others can put the fear of God in you. Branislav Ivanovic is one such personality. Bloody noses and broken bones are an everyday thing in football. So much so that, it has become a trademark sign of a football player. Every great footballer must have had at least one monumental injury in his whole life. The same goes for Liverpool’s own winger- Raheem Sterling. The chap has faced a number of bone crushing encounters in his life, but he swears that no one has been more foreboding than Chelsea defender, Ivanovic.

His steely exterior is only surpassed by his ice cold temperament. It is not much of a surprise, given his Serbian back story. His massive physique doesn’t help the cause much either. He is often described as a huge tank of a human being who can intimidate an opponent by just bearing down on him. The guy is honorable, I give you that. He does not resort to menial techniques but a man of his stature, does not need much to stop a man on his tracks.

Branislav Ivanovic profile is not just that of a defender, but is also that of a captain of the Serbian National football team. He started of his professional football career at his native place, playing for a number of Serbian clubs before moving to Russia and joining the Lokomotiv Moscow. During his time with the club, he was instrumental in winning the Russian Cup in the year of 2007. The following year saw the biggest move in his career when he joined Premier League club Chelsea for Euro 13 million. Since then he has been loyal to the club playing along with the team for many seasons.

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12 month loans no credit check direct lenders – credible options for a lifetime

With expenses on the rise, there is nothing wrong if you run out of funds in quick time. Because the expenses are more than that of your income, there is always some amount of cash shortage. There is a chance for you to acquire the funds through external means but this might not be feasible, if you are having bad credit history. As funds are hard to come by and with no other way to acquire the desired funds, what you can best do is to look for option of 12 month loans no credit check direct lenders. The loans are indeed easy to derive and are ideal to suit your prevailing circumstances.

Exceeding expectations without costing you much

The good thing about 12 month loans no credit check direct lenders ensures quick and instant approval of the much needed funds. This in turn lets you attain the desired funds, without much of harassment. In context of the loans, the funds you stand to derive can be attained without having to pledge any collateral. The absence of collateral in a way ensures risk free approval. Besides, the loans are crafted such that it matches your overall profile.

Therefore, when it comes to 12 month loans for bad credit, you can be ease, while deriving the actual funds. More or less, you have a chance to acquire the funds to resolve the unforeseen short term expenses. Besides, with the lenders make it a point to keep the interest rates minimal, which to an extent helps you when it comes to repaying the amount sourced. As the repayment term spans over a period of 12 months, you have got ample time to payback the amount borrowed, without much of any inconvenience.

On keeping up with the payments, without missing any, it does tend to help you improve the credit score. An improved credit score ensures that you have a chance to avail future loans against the best possible terms.

Best way to get started

Regarding the application process involving 12 month loans no credit check direct lenders, it does seem appropriate to make use of the online medium. By applying online, you have a chance to acquire the funds without much of any paperwork. There is no place for any documentation and the processing too is done for free. Other than these, you have a chance to avail the 12 month loans meant for bad credit without much of any obligation.

Keeping your best interest in mind, the option of 12 month loans no credit check direct lenders do seem to be a lucrative option, as far as dealing with the uncertainties are concerned. To an extent, with these loans, you have a chance to resolve the monetary crisis and this in turn makes it convenient for you to attain the funds, without much of any delay. If it is about maintaining a stable financial condition, you can definitely go for these loans. However if you do make use of the loans in the best possible way, it will indeed strengthen your financial condition.

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