What are Revolving and Non-Revolving Loan?
Revolving loans and non-revolving loans are two types of credit arrangements that financial institutions offer to consumers and businesses. They …
Revolving loans and non-revolving loans are two types of credit arrangements that financial institutions offer to consumers and businesses. They …
Topic Overview Performance Guarantee is an agreement between a Client and a Contractor Bank Offer a guarantee to the client …
Read moreWhat is a Performance Guarantee? Types of Performance Guarantee.
To obtain a Bank Loan borrower has to put some assets as security against the loan amount. Security protects lenders …
General Concept of “Charges“ Fixed Charges and Floating charges are used by the lender to secure the fund of lender …
Topic Overview Pari passu charged is used in case of consortium/syndicated loan Usually two or more than two banks are …