Explore Different Types of Business Loans with Bravima Solutions

1. Explore Different Types of Business Loans with Bravima Solutions Growing your business often requires financial support tailored to your needs. At Bravima Solutions, we collaborate with leading NBFCs and banks to provide a wide range of business loan options. Understanding the types of business loans available can help you make an informed decision to fuel your entrepreneurial journey. 1. Term Loans These are traditional loans offered for a fixed tenure with a defined repayment schedule. ● Purpose: Expanding infrastructure, purchasing machinery, or meeting long-term business goals. Tenure: 1 to 10 years. Benefits: Predictable repayment structure, flexibility in loan amount. ● ● 2. Working Capital Loans Designed to manage your day-to-day business expenses. ● ● ● Purpose: Inventory management, payroll, or cash flow maintenance. Tenure: Short-term, typically up to 12 months. Benefits: Quick disbursal, ensures smooth business operations.

2. 3. Equipment Financing Helps you purchase or lease new equipment for your business. ● ● ● Purpose: Procuring tools, machinery, or technology. Tenure: Linked to the equipment's useful life. Benefits: Affordable repayment terms, collateral linked to the equipment. 4. Invoice Financing A short-term loan using unpaid invoices as collateral. ● ● ● Purpose: Managing cash flow delays due to pending client payments. Tenure: Until the invoices are cleared. Benefits: Boosts cash flow, no need for additional collateral. 5. Line of Credit A flexible loan where you can withdraw funds as needed within a predefined credit limit. ● ● ● Purpose: Managing unexpected expenses or cash flow fluctuations. Tenure: Revolving credit, renewed annually. Benefits: Pay interest only on the utilized amount. 6. Business Credit Cards Ideal for small, recurring expenses and managing cash flow. ● ● Purpose: Travel expenses, small purchases, or emergency payments. Benefits: Build business credit, access rewards and cashback. 7. Merchant Cash Advances

3. Advance funds against future credit card or online sales. ● ● Purpose: Ideal for retail businesses with high card transactions. Benefits: Quick approval, repayment linked to daily sales. 8. MSME Loans Loans tailored specifically for small and medium enterprises. ● ● Purpose: Business expansion, inventory, or meeting regulatory needs. Benefits: Low-interest rates, government-backed schemes. How Bravima Solutions Can Help At Bravima Solutions, we simplify the process of choosing and applying for the right business loan. Partnering with NBFCs and banks, we ensure personalized loan options with competitive interest rates and flexible repayment terms. Frequently Asked Questions (FAQs) 1. What is a business loan? A business loan is a financial product designed to meet the funding needs of businesses for operations, expansion, or cash flow management. 2. What are the eligibility criteria for a business loan? Eligibility criteria depend on factors like business turnover, credit score, and operational history. 3. What is the difference between term loans and working capital loans? Term loans are for long-term investments, while working capital loans cater to short-term operational needs. 4. Can startups apply for business loans? Yes, startups can apply for specific loans like MSME loans or equipment financing. 5. How can Bravima Solutions help with business loans? We offer expert guidance, compare loan options, and assist with documentation for a hassle-free loan experience.

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