48% of companies globally use machine learning, while on the other hand 84% of Indian business decision makers are planning to adopt the technology. Why? Because it helps businesses make smarter decisions, faster. But how useful is this technology when... View Article
Synopsis: In the booming business loan market, disclosure statements are essential for reducing risk and ensuring a smooth loan process for both borrowers and lenders. Learn about their importance, types and applications from the perspective of lenders and borrowers in... View Article
Synopsis: Verifying your income and assets helps the lender to tailor business loans according to your business’s specific risk profile. This ensures responsible lending practices while providing businesses with the capital they need to grow and operate. As per a... View Article
Synopsis: Collateral in a business loan reduces risk for lenders and interest rates. Businesses can pledge various types of collateral. In this regard, understanding collateral types, eligibility and LTV (Loan-to-Value) ratios-a metric to compare the borrowed money against the value... View Article
Synopsis: Understanding your closing documents holds significant importance for a smooth and successful loan experience. These documents solidify the agreed-upon terms, including repayment details, potential fees, and your obligations. Therefore, getting yourself familiarized with these documents empowers you to make... View Article
Synopsis: Understanding the key terms in a business loan agreement is crucial for confidently dealing with the borrowing process and avoiding unwelcoming surprises. This quick guide will easily familiarize you with the most commonly used key terms in a typical... View Article