Overdraft facility is useful for business growth and expansion

An overdraft facility is a revolving loan. It is an agreement by the Bank to allow a customer to overdraw his current account up to an agreed limit (known as the Overdraft Limit) at an agreed interest rate. By: Hitesh Khan/ Most lenders offer the options of personal loans or overdrafts to borrowers. The borrower … Continue reading Overdraft facility is useful for business growth and expansion