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by hcb/ november 12, 2022

Commercial Loan Truerate Services

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What Are Truerate Services

TrueRate service is a loan marketplace for commercial and businesses owners. TrueRate helps in finding loans at very attractive interest rates with speedy process

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TrueRate Services List

SHARE MARKET INVESTMENT

EQUITY PLACEMENT

DEBT CAPITALIZATION

RETAILING OF INVESTMENTS

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Truerate Services Loan Types

Commercial Real Estate Loan

Commercial Mortegage Loan

Equipment Loan

Line Of Credit

SBA Loan

Commercial Business Loan

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Documents Required For Commercial Loan

Business Proof

Bank Statement

Balance Sheet

Business Vintage

Partnership Agreement

Board Resolution

1

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Documents Required For Commercial Loan

Identity Proof

Valid Passport

Voter ID

Driving Licence

2

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Documents Required For Commercial Loan

Address Proof

Electric Bill

Passport

Telephone Bill

3

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Eligibility

Age - 21 To 61 Years

Turn Over - Require as per the lending institution

Business Vintage -  Minimum 5 Years

Startup must give income projection for next 5 years

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Non Eligibility

– Businesses are not allowed to list their businesses in hostile territory

– Trusts, NGOs, and charities aren’t ineligible for commercial loan

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Charges

Legal Fee

Proccessing Fee

Annual Fee

Annual Insurance

Penalty

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Read Complete Article

About HCB

HCB has been in the blogging profession since 2011 and he loves to write financial articles

hcb

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