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Community Bulletin
Community Bulletin
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14 questions
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Sean replied 10 months ago
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What questions do you have about the local community?

We'll soon be putting up flyers and suggestion boxes in a few places around town with that question. While there, you can write down your question, drop it in the box and our reporters will follow up. 

We're putting those boxes up to advertise NABUR and its purpose -- connecting the community and the MDP newsroom. But since you're already here, I wanted to pose the question to you too: What questions do you have about Montrose? 

Anything is welcome. 

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White Label Crowdfunding Platform - Crowdfunding Platform Development Services Company

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What Is Initial NFT Offering? - Benefits and Features of NFT Offering

Initial NFT offering is a new crowdfunding funding innovation platform that are are backed by a native cryptocurrency. Crowdfunding is the latest concept of fundraising for entrepreneurs and business organizations. The latest crowdfunding uses blockchain technology to gather funds worldwide without limitations. Blockchain is a decentralized technology that eliminates the need for a centralized server. The Crowdfunding platform allows investors globally to participate in the market easily.

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Secured Business Loan

Secured Business Loan

A secured business loan is a loan that is provided by pledging assets as security. This secured business loan is provided for several purposes such as the purchase of machinery or equipment, working capital, expansion, and requirements of infrastructure.

Features of secured business loan

  • The amount of loan is high that ranges from Rs. 10 lakhs to Rs. 20 crores.
  • Repayment tenure of up to 15 years.
  • Hassle free loan process with speedy approval.
  • It can be used for many purposes such as inventory enhancement, purchase of raw materials, hiring staff, buying plant and machinery, purchase office space or land, paying off salaries, etc.

Types of secured business loan

  • Letter of credit
  • Asset-based financing
  • Farm or dairy loan
  • Inventory financing
  • Secured term loan
  • Equipment finance
  • Invoice discounting
  • Machinery loan

Eligibility criteria for secured business loan

  • The age limit of the borrower is from 21 years to 65 years of age.
  • Entities eligible are startups, individuals, SMEs, and MSMEs.
  • The credit score should be 750 or above.
  • The existing business should be in profit for last 2 years.
  • Secured business loan can also be availed by Limited Liability Companies (LLB), Proprietorship firms, and Partnership firms.
  • The borrower should own property like a shop, residence, or factory.
  • The financial history of the individual should be good.
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