YOU'RE RUNNING A BUSINESS AND YOU NEED A LOAN FROM A BANK.
There are 3 things you need to do:
- Get your CIBIL Company Credit Report (CCR)
- Understand the Types of Commercial Loans available
- Understand how you will be evaluated
GET YOUR CIBIL COMPANY CREDIT REPORT (CCR)
A CIBIL Company Credit Report (CCR) is a record of your company's credit history. This is created from data submitted to CIBIL by lending institutions across India.
It is important to understand that while the CCR is not a credit rating it is heavily relied on by loan providers to evaluate & approve loan applications. The past payment behaviour of a company is a strong indication of its future behaviour.
The basic difference between your credit report and your credit rating (and the reason why a CCR is heavily relied on by lenders) is that your CCR is created from information submitted directly by the banks. Credit Ratings are usually solicited by the ratee and then issued by the credit rating agency once it has evaluated documents provided by the company and interviewed the company's managements.
CCR plays a critical role in the loan approval process. This report is used by the lender to make informed lending decisions - quickly and objectively. You can also use the CCR to negotiate better credit terms while doing business by providing this report to potential business partners as confirmation of your company's financial strength
Buy your CIBIL Company Credit Report (CCR) today and fast track your company's growth
If you wish to purchase your CIBIL Company Credit Report (CCR) through Demand Draft (DD), please "DOWNLOAD" and follows the instructions.