What is long-term working capital?

2 min read

Long-term working capital is a loan that comes with a tenor of more than 84 months. The primary advantages of these loans include:

  • It has lower interest rates as compared to short-term loans.
  • It comes with a longer repayment time, thus enabling a business to adjust its borrowings with its long-term plans.
  • It also provides flexibility by making it easier for businesses to repay it.

Businesses can use long term working capital to maintain a healthy working capital or to fund their long-term growth plans.

Bajaj Finserv offers long-term working capital loans up to Rs. 45 lakh that can be repaid in easy EMIs spreading across a period of 144 months.

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