A CPA is a certified public accountant.
An equated monthly installment (EMI) is the amount of money that is paid back to the lender on a monthly basis. It is essentially made up of two parts, the principal amount and the interest on the principal amount divided across each month in the loan tenure. The EMI is always paid up to the bank or lender on a fixed date each month until the total amount due is paid up during the tenure.
Tenure is the conditions under which land or buildings are held or occupied.
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Yes, we certainly help entrepreneurs and small/medium businesses to get Unsecured Loans from a bank that suits your needs providing that you satisfy all the required criteria.
Our loan application can be rejected if your credit score is not good. Here are few things that you should know. A CIBIL or credit score of above 750 will get you approval from all Banks. From 650 -750 there will be certain NBFC who may be able to give you loan. If you haven't taken any credit card or loan your CIBIL score is 0 and there will be less Banks to give you loan at that time and best is to approach the bank where you have account.
If you have applied and have got rejected your CIBIL score and it's your first loan then your score is -1 and most Banks will not give you loan.
Yes, Moneymax helps established business houses to gain loans on a retainer basis from the various banks we are tied up with. Call us for more details.