Monthly Archives: October 2020

Definition of loan conditions

What are the loan conditions? “Loan terms” refers to the terms and conditions involved when borrowing money. This may include the loan repayment period, the interest rate and fees associated with the loan, penalty fees that may be charged to borrowers, and any other special conditions that may apply. It is important to carefully review […]

PM SVANidhi program for street vendors: advantages, loan amount, tenure | Latest India News

Prime Minister Narendra Modi will virtually distribute loans to nearly 300,000 street vendors on Tuesday under the Pradhan Mantri street vendors Atmanirbhar Nidhi Yojana or PM SVANidhi program. PM Modi will also interact with the beneficiaries. Uttar Pradesh has so far received 557,000 supplier inquiries, the highest across the country. “The program intends to facilitate […]

What is a conditional loan approval?

Pre-approval vs. conditional approval: what’s the difference? With conditional loan approval, an insurer reviews your financial documentation. This is not the case with prior approval. An underwriter is the one who grants or denies your loan, so an underwriter’s conditional loan approval carries more weight than a pre-approval letter. Pre-approval and conditional approval are similar […]

Small business loan approval rates at banks fell again in

NEW YORK, October 06, 2020 (GLOBE NEWSWIRE) – Small business loan approval percentages at big banks ($ 10 billion and more in assets) fell slightly from 13.6% in August to 13.5% in September, indicative of the difficulties facing small businesses, according to the latest Biz2Credit Index of Small Business Loans™ released today. the Biz2Credit Index […]