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Business Loan FAQs

Power up your business with our comprehensive business loan FAQs. Access clear answers to secure the most suitable financing solutions for your business needs.

Loan prepayment is paying off the entire outstanding loan amount before the scheduled maturity date.
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The time required for loan disbursement varies based on the type of loan, lender policies, and the completeness of documentation.
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Part payment in the context of loans means paying off a part of the outstanding principal ahead of your scheduled repayment date.
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GST registration requirements for MSMEs depend on annual turnover thresholds and business activities, not specifically on MSME classification.
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Loan disbursement is the process by which the approved loan amount is released to the borrower.
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An increase in working capital signifies that a business requires additional short-term funding to support its operational activities.
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Yes, loan terms can often be negotiated with lenders. Before entering into a loan agreement, it is advisable to assess your creditworthiness including your credit score, cash flow, and debt-to-income ratio.
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