If you are the owner of a business, then you must have experience the difficulty in getting working capital. Approaching lending institutions and applying for loan is also time consuming process, plus you end up by paying hefty interest rates along with other charges.
Here, there is one best thing which will definitely help you to get easy working capital.
Gold loan is not new in the market, but most of us don’t know about the excellent gold loan schemes. There are four types of gold loan schemes i.e. interest only, bullet, EMI and overdraft facility.
Out of which bullet scheme is helpful for your business. First, let's understand what bullet scheme is.
Bullet scheme is where you need not require to pay interest during your loan tenure. Pay entire interest and principal at the end of loan tenure.
Some banks allow you to pay only interest on half yearly basis, one is in April and other is in October. So, this scheme will give you enough time to generate funds or revenue during this loan period.
For more details about bullet scheme just give a missed call on 1800 313 1060.
So, next time when you are looking for working capital, just think about this amazing scheme.