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Dev is an enterprising youngster who wants to start a business of manufacturing men's accessories. However, he is facing shortage of funds. Suggest to him various forms in which credit can be availed from banks

1 Answer

9 votes

Answer:

small business loan, real estate loan, personal credit line

Step-by-step explanation:

There are various types of loans that banks can offer an individual like Dev. Some of these include a small business loan, real estate loan, personal credit line. Each of these has different requirements that need to be presented in order to be accepted for such a loan. The small business loan is available to individuals wanting to start a business and have all of the details and equipment already planned. The real estate loan can help Dev purchase the necessary real estate for his business. Finally, the personal credit line can help Dev pay for the necessary day-to-day expenses of the business.

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