answersLogoWhite

0

Type your answer here... what are the various step to be taken by commercial bank in gannting working capital loan to a business firm ?

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Outline things that bank managers consider before giving out loans?

things that banks consider before giving out loans


What factors should I consider when comparing loans?

When comparing loans, consider the interest rate, loan term, fees, and repayment options. These factors can impact the total cost of the loan and how manageable the payments will be.


Functions of the world bank?

One of the functions of the world bank includes granting reconstruction loans to the war devastated countries. The other function is granting development loans to the underdeveloped countries.


What is the accounting double entry for granting staff loans?

[Debit] Staff loans [Credit] Cash / bank


Are there any options available for no credit house loans?

Yes, there are options available for no credit house loans, such as FHA loans or USDA loans, which may consider other factors besides credit score for approval. However, these loans may have specific requirements and limitations.


What factors do banks consider when giving loans?

Credit score, employment history, payment history, money owed and income


What factors should I consider when comparing fixed rates for home equity loans?

When comparing fixed rates for home equity loans, consider factors such as the interest rate, loan term, fees, and any prepayment penalties. Additionally, look at the lender's reputation, customer service, and overall loan terms to make an informed decision.


What are the benefits and risks associated with self-directed IRA loans?

Self-directed IRA loans can provide benefits such as potentially higher returns and diversification of investments. However, they also come with risks like the potential for default, loss of retirement savings, and tax penalties if not handled properly. It is important to carefully consider these factors before engaging in self-directed IRA loans.


What funding methods should I consider before accepting a settlement?

You should first consider bank loans. If you want lower interest rates, you can go to your friends and families for funding.


Can I borrow money through loans to cover my expenses?

Yes, you can borrow money through loans to cover your expenses, but it's important to carefully consider the terms and interest rates before taking on debt.


How can unemployed individuals easily access loans?

Unemployed individuals can access loans by providing collateral, having a co-signer, or applying for loans specifically designed for those with no income. It's important to carefully consider the terms and conditions of the loan before applying.


What are the available loan options for temporary workers?

Temporary workers can typically access personal loans, payday loans, or short-term loans from certain lenders. These loans may have higher interest rates due to the temporary nature of the employment. It's important for temporary workers to carefully consider the terms and conditions of these loans before borrowing.