Introducing, Line of Credit, another first from Debenture Finance . A unique and innovative offering that allows you to manage your cash flows in a smarter and more effective manner.
Line of Credit is a facility where you are given a “credit line” and during the term of the facility you pay interest component only on the amount utilized. The monthly installment for Line of Credit will consist only of the interest amount and will not have a principal component on a monthly basis. The principal amount of loan is to be repaid at the end of the tenure of the facility
Support ongoing operational expenses with a line of credit typically secured by a blanket lien on your assets or a certificate of deposit. Our secured lines of credit feature revolving loan terms with annual renewal, no cash advance fees and no interest charges until you use the funds.
A Business Advantage Credit Line can help you bridge the gap between payables and receivables with no collateral required.
Debenture Finance is helping you to cover your expenses.