Bhagwati Group

Business Loan

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Business Loan

A business loan is a type of financing provided to businesses to support their various financial needs. These loans can be used for a range of purposes, including starting a new business, expanding operations, purchasing equipment, managing cash flow, or covering other operational expenses. Business loans are typically offered by banks, credit unions, and various financial institutions

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A mortgage loan is a type of loan specifically used to finance the purchase of real estate, such as a home or a piece of land. In a mortgage agreement, the borrower (the person seeking the loan) pledges the property being purchased as collateral to secure the loan. This means that if the borrower fails to make the required payments, the lender (usually a bank or a mortgage lender) has the right to take possession of the property through a legal process known as foreclosure.

1993 - 2017

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The term of a mortgage loan is the length of time over which the loan is repaid. Common mortgage terms include 15, 20, and 30 years. The longer the term, the lower the monthly payments, but the more interest is paid over the life of the loan.

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