ALL >> Investing---Finance >> View Article
Facilities Available In Corporate Internet Banking
Total Articles: 108
Corporate banking also known as business banking is the banking service which deals with corporate customers. Most corporate banks provide a wide range of financial services, in harmonization with the ever changing assorted demands of the financial market. This also includes various corporate internet banking services that suit the requirements of the clients. In this article, we give you the internet facilities in corporate banking
• Working capital investment
Most business enterprises engage in services like manufacturing or trading business and need to avail a working capital loan to meet the daily expenses for processing of manufacturing and selling products and services. The funding based working capital includes secured services like packing credit, over draft, cash credit and short term loans that are payable on demand banks guarantees.
• Project backings
Most corporate banking services offer project loan backings to set up new projects or assist in the expansion of current projects. This project loan can be used to finance various expenses like costs of building, equipment, machinery, service vehicles. Customers can avail this project loan in the form of hire purchase, lease finance, loan general etc through the internet corporate banking service.
• Trading finance
In this facility of internet corporate banking, a business enterprise can get a non-funding facility for import and obtainment of raw materials, equipment, merchandise and machinery under the letter of credit. You can also avail of a loan against imported merchandise and get the working capital for the retirement of import documents. In the same process, business enterprises can also import merchandise.
• Syndication finance
In this facility, most corporate banks have been financing large scale projects under a syndication arrangement to increase the credit need of the company. With this corporate banking facility, it allows the counseling of expertise from the bank amongst them to diversify the credit risks. This facility is available by a group of financial institution pre-defined terms under the same credit facility following common loan documentation formalities.
• Finance for Lease
Most individual and small enterprises and a few medium and large enterprises have utilized these facilities on a large scale. Nearly all corporate banks have been providing finance for leasing items like manufacturing and service equipments for all large scale industrial sectors. This helps in decreasing the overall costing for any project.
Through the investment banking branches, most corporate banks offer their corporate clients facilities like asset management and securities. The main focus is to assist businesses to recognize their current potential and create better opportunities in the future.
Author Bio :-Neha Sharma; a finance student, has studied a lot about the working of a corporate bank. Thus, it comes as no surprise that she wishes to share this information in the hope that others can benefit from it.
Investing / Finance Articles1. How Bad Credit Loans Work For Better Financial Solutions In The Uk?
Author: Sara James
2. The Free Forex Robot Minimize Risk And Maximize Profits In The Forex Market
3. How The Internet Has Made Money Transfer To India Simple?
4. What Are The Major Advantages Of Bill Discounting India?
5. Best Home Loan Scheme 04433044488 Documents Required For Home Loan
Author: Loansa Assit
6. Algotrade Can Help You Gain Consistent Returns On Forex Trading
7. Did You File Itr For Financial Year 2016-17?
Author: Did You File ITR For Financial Year 2016-17? India
8. The Advantages And Disadvantages Of Life Insurance
Author: Sushant ingh
9. Important Aspects Of Banking
Author: Sushant Singh
10. Are You In Need Of Monetary Help For Business Establishment?
Author: John Bairstow
11. Borrowing Commercial Loan Is A Secure Way For Business Owners
Author: John Bairstow
12. The Race To Transform Yourself Into A Profitable Forex Trader
Author: John Arnold
13. House Construction Loan For Bkhata Property Apply 9964563600
Author: House Construction Loan for Bkhata
14. Gst Impact On Mutual Fund Market
15. Klse Market Understanding Before Investing
Author: Multi management and future solutions