👉How to Choose the Right Lender for Your Business:

by Sunil Srivastava | Sep 18, 2024 | SNP Finserv

Introduction Importance of choosing the right lender for business success.Brief overview of types of lenders: banks, credit unions, online lenders, and alternative financing. Types of Business Lenders Traditional BanksPros: Lower interest rates, long-term...

👉Top Five Question To Ask Before Taking A Business Loan

by Sunil Srivastava | Sep 2, 2024 | SNP Finserv

1.What are the Total Costs of the Loan?Ask about the interest rate, fees, closing costs, and any other charges. Understanding the Annual Percentage Rate (APR) will help you know the total cost of the loan over its lifetime. 2.What is the Repayment Schedule and...

The PROS And CONS Of Co-Signing A LOAN

by Sunil Srivastava | Aug 20, 2024 | SNP Finserv

Pros of Co-Signing a Loan Help a Loved One: Enables a friend or family member to secure a loan they might not qualify for on their own. Builds Credit for the Borrower: Helps the primary borrower establish or improve their credit score. Potential Relationship Benefits:...

👉The Types Of Home Loan Available In India!!!

by Sunil Srivastava | Aug 9, 2024 | SNP Finserv

Home Purchase Loan: The most common type, used to buy a new or pre-owned residential property. Home Construction Loan: Provided to individuals who wish to construct a house on a plot they already own. Home Improvement Loan: For homeowners looking to renovate, repair,...

Emergency Expenses When To Consider A Personal Loan

by Sunil Srivastava | Jul 29, 2024 | SNP Finserv

 1. Understanding Emergency Expenses Definition: Unexpected, urgent costs that require immediate financial attention. Examples: Medical bills, car repairs, home repairs, emergency travel. 2. Situations to Consider a Personal Loan Lack of Emergency Savings: When you...