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TYPES OF CREDITS

1) Term Loan
2) Working Capital
3) Bank Guarantee
4) Letter Of Credit
5) Preshipment Credit
6) Post Shipment Credit
7) Angel Financing
8) Lease Financing

1)Term Loan = To Create an asset Which will Run For More Than 1 Year.
Example= Set up For Office, Machine.

2) To Run a daily Need Business It is Known as Working Capital.
Business Product

3) Bank Guarantee = Commission .75 - 3% Of Total Amount.
     Bank will Guarantee You On behalf Of Yours to a Company To run a business on the Basis Of stamp paper.

4) Letter Of Credit = To Take the Guarantee Of Product and money with the help of two bank India and japan and charge a commision.

5) Angel Financing = Government Has Created a 10,000 Risk Business where Bank Not Provide loan than it is done by angel financing.

6) Lease Financing = To Start a business on a project basis where order is not Not confirm and duration than the leade finance will provide machine on a rent basis.

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