PRIVATE FINANCE

Private Finance

Private Finance is otherwise known as Bridge loans. The interest rates will be very high ranging from 18% to 50% per annum. These loans are given against properties. The Property value should cover minimum 3 times of the loan and the loan should be repayable within a short period say 60 days to 360 days.

In many cases the interest will be deducted upfront and the balance will be disbursed. It is advisable to avoid these loans unless the situation prevails.

Sl Feature Advantages Disadvantages
1 Secured Loan Quick disbursement High Risk
2 Obligation Less Documentation Very High Interest Rates
3 High Interest Rates Non Payment yield to loss of property.
4 Short Term Legal Hassles for delayed payment.
5 High Risk

About

Dashboards is formed by professionals who were working in various big organizations in key positions. The experience that we gained in our organizations Read More

Social Links

Our Address

K4,Swathi Apartments,
I Floor, Door # 2B,
Durgabai Deshmukh Road,
R.A. Puram
Chennai - 600 028

Copyrights © 2017 Business Analysis. All Rights Reserved Designed by Impower Solutions