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Term Loan

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Opting for a secured business loan puts assets at risk if the repayment is not made on time. Hence, most entrepreneurs choose unsecured business loans over secured business loans. GOI and financial institutions in India have rolled out several financing schemes to that end.  A business loan without security is ideal for MSMEs with fewer assets to pledge. Almost all Indian financial institutions offer unsecured business loans to businesses. Thus, a borrower remains under no obligation to pledge collaterals…