LOANS

Get Matched with Multiple Lenders

• We review your application & documents
• We verify your eligibility and generate a credit score
• Your application is matched with multiple lenders ready to act

Choose the Best Loan for You

• You will receive one or multiple offers within 48 hours
• You decide which offer to take forward
• You get funds in your account

Loan Types

Loans may be either secured or unsecured. With a secured loan, the borrower pledges a collateral asset such as property, tradable companies’ shares, plant, equipment, stock, or vehicles) against the debt. If the debt is not repaid, the lender may claim the secured asset. Unsecured loans do not have collateral, though the lender will have a general claim on the borrower’s assets if repayment is not made. Should the borrower become bankrupt, unsecured creditors will usually realize a smaller proportion of their claims than secured creditors. As a consequence, secured loans will generally attract a lower rate of interest.

Secured Finance

Once considered the finance option a last resort, asset-based lending has become a popular choice for small businesses lacking the credit rating or track record to qualify for other forms of finance.[7] In simple terms, it involves borrowing against one of the company’s assets, with the lender focusing on the quality of the collateral rather than the credit rating and prospects of the company. A business may borrow against several different types of asset, including premises, plant, stock or receivables.