Knowing corporate loans: empowering businesses for growth and expansion

A corporate loan is a financial product offered to businesses to help fund their operations, expansion, or specific projects. These loans are provided by financial institutions, such as banks or non-banking financial companies (NBFCs), and are typically available to medium and large enterprises. Unlike personal loans, which are given to individuals, corporate loans are intended solely for business purposes. These loans can be used for various needs, such as purchasing equipment, expanding infrastructure, or even managing cash flow during seasonal dips in business activity.