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Easily available Commercial vehicle loans for business

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Money Talk > Credit & Loans

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Easily available Commercial vehicle loans for business  Reply with quote  

To expand your business and smooth transport, commercial vehicles are needed. Today, there are many financial institution offering commercial vehicle loan for business.

There are two types of Commercial loan. One is Secured commercial vehicle loan and another one is Unsecured.
Secured loans is availed against collateral, An asset is equivalent to the loan amount which u are taking. In this interest rate is low.
There is no need of any collateral in Unsecured loan. Interest rate are high in Unsecured loan.

The documents for a commercial vehicle loan are:
Loan application form
Latest photograph
Identity proof (PAN card, driving license, election card, etc.)
Residence proof (ration card, electricity bill, etc.)
Proof of income tax returns filed for the last 2 years
Bank statement of the past 6 months (if self employed)
Salary slip for the last 6 months (if salaried)
Form 16 (if salaried)
Post Fri Sep 09, 2011 1:20 pm
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Your article is very useful. It brings many benefits to us.
Thank you very much.
Post Mon Sep 12, 2011 12:52 am
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yes thank you very much for sharing the article its really great and helpful a lot
Post Fri Sep 16, 2011 5:47 pm
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loan  Reply with quote  

do you prosper or lending club? if in usa its a peer to peer lending service and most people benefit by qualifying with them. we will get low rate apr unsecured loans for various needs including vehicle loans for business. This type of social lending became popular in united states.
Post Wed Jul 04, 2012 1:40 pm
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This really great article for businessman as vehicles is a most important resource for the business. Thanks for sharing such useful article.
Post Mon Jul 23, 2012 4:36 am
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Commercial vehicle loans are available for the business people who are using vehicle for their business operations. These type of loans are helps to start a business with minimum capital amount and works with sound implementation of business operations.
Post Thu Sep 06, 2012 1:55 pm
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