बिझनेस प्लॅनिंगमध्ये नवीन वाढीच्या संधी शोधणे समाविष्ट आहे. या संधीसाठी सामान्यपणे जास्त परतावा मिळविण्यासाठी काहीतरी गुंतवणूक आवश्यक असते. ती रिअल इस्टेट, नवीन उपकरणे किंवा अधिक कर्मचाऱ्यांना नियुक्त करू शकते. कंपन्यांना त्यांच्या प्रारंभिक वाढीच्या टप्प्यात विशेषत: या संधींमध्ये गुंतवणूक करणे आवश्यक आहे. तथापि, त्यांच्याकडे त्यासाठी निधीचा सहज ॲक्सेस नाही. टर्म लोन्स हे लोकप्रिय दीर्घकालीन फायनान्सिंग पर्यायांपैकी एक आहेत. ते फ्लोटिंग किंवा फिक्स्ड व्याजदर लोन असू शकतात. ते विविध रिपेमेंट शेड्यूल्स आणि लोन अटींसह येतात. लोनचे रिपेमेंट शेड्यूल म्हणजे काय आणि लोन रिपेमेंट ॲग्रीमेंट तपशीलवार समजून घेण्याविषयी अधिक जाणून घेण्यासाठी वाचन सुरू ठेवा.
टर्म लोनचे रिपेमेंट शेड्यूल म्हणजे काय? प्रमुख घटक स्पष्ट केले
टर्म लोनचे रिपेमेंट शेड्यूल हा एक संरचित योजना आहे जो कर्जदार एका कालावधीमध्ये लोनचे रिपेमेंट कसे करेल हे निर्दिष्ट करतो. टर्म लोन रिपेमेंट शेड्यूल पेमेंटच्या ब्रेकअपसह लोन रक्कम, लागू व्याजदर, EMI आणि रिपेमेंट कालावधी यासारख्या गोष्टींचा तपशील देते.
टर्म लोनच्या रिपेमेंट शेड्यूलचे प्रमुख घटक:
प्रिन्सिपल रक्कम
लोन कालावधीमध्ये परतफेड करणे आवश्यक असलेली एकूण रक्कम.
व्याजदर
प्रिन्सिपलवर अतिरिक्त खर्च आकारला जातो.
EMI (समान मासिक हप्ता)
प्रिन्सिपल आणि व्याज घटकांचा समावेश असलेले निश्चित मासिक पेमेंट.
रिपेमेंट कालावधी
एकूण कालावधी ज्यावर टर्म लोनचे रिपेमेंट करावे लागेल, जे लोन प्रकारानुसार बदलू शकते.
अमॉर्टायझेशन शेड्यूल
A detailed schedule showing how each EMI is divided into principal and interest.
What is a Term Loan & Its Benefits for Businesses
A term loan is a loan where the borrower obtains a lump sum of money in exchange for repayment at a predefined interest rate, usually in instalments. The period of repayment is usually between 1 and 25 years. Loans with a repayment schedule shorter than a year are called short-term loans. A business term loan is typically granted based on good financials and creditworthiness.
A term loan could be beneficial to a business in the following ways:
Access to funds for investment: It gives the business access to a large number of funds at once, which it can use to fund expansion or growth.
Working capital needs: Working capital requirements, such as buying inventory, raw materials, etc., can be managed through loans.
Refinance older debt: The funds can be used to refinance previous debt at a cheaper price if the business has become eligible, or for better liquidity.
Convenient debt repayment agreements: The repayment period and instalment size are negotiable at the borrower’s convenience.
Better financial indicators: Debt increases the return on equity for shareholders.
Different Types of Term Loan Repayment Schedules & Loan Structures
Term loans are usually classified as intermediate and long-term loans based on the period of repayment. Intermediate-term loans have a tenure of 1 to 5 years, while long-term loan tenures can usually go up to 25 years.
Other types of term loans include:
Start-up Loan: The start-up loan is a great business finance option for new ventures that have established businesses. In these loans, the lender looks at the creditworthiness of the applicant along with that of the company. They require proof of the existence of the company in the form of registration. The interest rate, tenure, and amount to be loaned are decided based on cash flow statements and other turnover-related figures.
Business Loan for Women: Many financial institutions have separate loan schemes for women entrepreneurs. These usually offer better loan terms to women-owned small and medium-sized enterprises to encourage social and financial equality.
Equipment Financing: Various businesses, such as manufacturing companies, require financing for expensive equipment used in production or other value chain activities. Loans to finance this purchase are usually at a lower interest rate as compared to other business finance options.
Loan against property: It is also possible to avail of a term loan by using commercial or residential property as collateral. Usually, a loan amount of up to 70% of the property can be obtained; however, this might vary from lender to lender.
There are other short-term loans to meet working capital needs, hybrid term loan facilities, and invoice financing that can be availed of to meet liquidity needs. These loans may charge interest based on a base rate, such as a repo rate plus something. These loans could also be fixed interest rate loans. If the interest rates are expected to decrease, it is better to take a floating-rate loan; otherwise, a fixed-rate loan is a cheaper option in the long run.
How to Choose & Structure Your Loan Repayment Schedule
A term loan agreement may consist of a single payment of the loan, where one can pay interest periodically and repay the entire principal in a bullet repayment at the end of the term. On the other hand, it could take the form of Equated Monthly Instalments (EMI), in which one can repay the loan in equal instalments.
Here are some recommendations that can be followed while negotiating a term loan structure:
Understand the gap in funds
One must understand what sort of gap in funds one is facing. For example, if the account receivables take a long time to turn over in comparison to the account payables period, it would require a short-term loan. Similarly, if funds are required to finance equipment and hire more employees, an intermediate-term loan would be best for the business.
Evaluate the cost of financing
Unsecured loans come with high-interest rates; secured loans are cheaper. Also, the cost of a loan includes various fees, such as the origination fee, processing fee, prepayment fee, document processing fee, and post-dated cheque charges.
A lender might charge all or some of these while giving out a loan. One must factor in these charges when evaluating the overall cost of funds for the business.
One must carefully understand the repayment terms of the term loan agreement, such as tenure, instalment frequency, EMI bounce fee, prepayment penalties, etc. It will help you determine what is repayment schedule accurately. Because the loan will be repaid with cash flows from the business, cash flow expectations must be carefully aligned with the planned instalment size.
Pros & Cons of a Term Loan Repayment Schedule
Let’s evaluate the pros and cons of taking a term loan:
फायदे
तोटे
A term loan allows one to negotiate favourable term loan repayment schedules.
Any default on EMI can lead to an EMI bounce fee.
It helps build a good credit profile for the company if the loan is repaid as per the schedule.
Early payment of the loan might come with prepayment penalties.
The interest rates for term loans are relatively lower than those for short-term loans and other overdraft facilities.
The repayment schedule is generally inflexible, and in lean business periods, it could be a burden to track payments.
It makes funds accessible in a lump sum amount, which can be repaid as per financial capacity.
The eligibility conditions for a term loan for a business are very stringent.
How to Create & Manage Your Term Loan Repayment Schedule
Here are some of the recommendations one can follow to implement a reasonable repayment schedule:
Use the extra cash to pay more than EMIs: Use any extra cash one might earn for repayment of term loan. One must take prepayment fees into account as a part of the loan terms and ensure that the interest one saves by early repayment of the loan is greater than the prepayment penalty that one might have to pay. It is essential to track payments and ensure that no late fee is paid.
Increase EMI periodically: One can negotiate terms that allow one to modify the EMIs at periodic intervals. This will also enable one to pay off the loan ahead of schedule.
ऑटो-पे सेटिंग्स सक्षम करा: कोणतेही हप्ते चुकले नाहीत याची खात्री करण्यासाठी हप्ते ऑटोपे सेट-अप करणे सोयीस्कर आहे. यामुळे एखाद्याला पेमेंट ट्रॅक करण्यापासून वाचवेल आणि क्रेडिट स्कोअर चांगला राहील आणि त्याला कोणतेही EMI बाउन्स शुल्क भरावे लागणार नाही याची खात्री होईल.
डिफॉल्ट टाळण्यासाठी तुमचे रिपेमेंट शेड्यूल मॅनेज आणि ट्रॅक करण्यासाठी टिप्स
तुम्ही विचारू शकता, "लोनचे रिपेमेंट शेड्यूल म्हणजे काय, आणि ते कसे मॅनेज करावे?" टर्म लोनचे रिपेमेंट मॅनेज करण्यासाठी काही टिप्स येथे दिल्या आहेत.
Track EMI dates.
Maintain sufficient account balance to avoid missing repayment of term loan accidentally.
Set calendar reminders and payment alerts adds an extra layer of safety.
If possible, make partial prepayments or occasional lump-sum contributions which can reduce interest and shorten tenure. Always check prepayment charges in advance.
If unable to pay, consider requesting a tenure extension. It can lower EMI pressure without harming your credit score.
Automate repayments through auto-debit.
एकाधिक लोन असलेले कर्जदार रिफायनान्सिंग किंवा एकत्रीकरण पद्धतींचा विचार करू शकतात. या टिप्स तुम्हाला टर्म लोनच्या रिपेमेंट शेड्यूल सह संरेखित करण्यास मदत करतील
लोन रिपेमेंट शेड्यूल्ससह कर्जदार केलेल्या सामान्य चुका
या सेक्शनमध्ये, काही सामान्य टर्म लोन रिपेमेंट शेड्यूल मिसटेक पाहूया.
Choosing a repayment schedule of term loan without a full financial assessment. This includes assessing income, expenses, and long-term goals.
Ignoring how interest rates and loan tenure can impact total repayment costs.
Picking repayment schedules that don’t account for any future financial changes.
Overlooking prepayment penalties.
Not reviewing repayment plans periodically.
Not comparing repayment options, or not using tools like loan calculators.
Avoiding these mistakes can make it easier to manage term loan repayment.
निष्कर्ष
Term loans offer an excellent long-term financing option for a venture. Before taking out a term loan, it is critical to understand one’s requirement gap and project future cash flows reasonably. Also, one must carefully evaluate the loan terms to chalk out a convenient repayment schedule. Further, one must ensure that they track payments continuously so that they do not have to pay a late fee or ruin their credit score for future financing. Tata Capital Term Loans offer opportunities to customise a repayment schedule as per one’s requirements.
सामान्य प्रश्न
टर्म लोन रिपेमेंट शेड्यूल म्हणजे काय आणि ते महत्त्वाचे का आहे?
टर्म लोन रिपेमेंट शेड्यूल प्रिन्सिपल, व्याज आणि रिपेमेंटच्या वेळेबद्दल विस्तृत माहितीसह लोनच्या कालावधीसाठी ईएमआय निर्धारित करते. नियोजन आणि बजेटिंगसाठी हे आवश्यक आहे.
टर्म लोनसाठी विविध प्रकारचे रिपेमेंट शेड्यूल्स कोणते आहेत?
टर्म लोन शेड्यूलच्या विविध प्रकारच्या रिपेमेंटमध्ये प्रिन्सिपल पेमेंट, एकूण बॅलन्स, न भरलेले बॅलन्स आणि बलून पेमेंट पद्धती यांचा देखील समावेश होतो.
How do I calculate my EMI and interest outgo on a term loan?
To calculate your EMI and interest on term loans, use online calculators. You can enter the specifics of your loan terms and plan the repayment of term loan accordingly.
Are there any penalties for prepayment or late EMI in a term loan repayment schedule?
There are penalties for late EMI payment in repayment schedule of term loan. With prepayment, your lender might add on a prepayment fee. Contact your loan lender to find out more.
What should I do if I miss an EMI or default on my repayment schedule?
In case you miss or default on your term loan repayment, contact your lender. Pay the due amount, as well as late fees. Use auto-pay methods to automate your repayments.
How can auto-pay or standing instructions help in loan repayment management?
Auto-pay and standing instructions can be used to automate EMI deductions. With these methods in place, you can simplify your term loan repayment management.
Is the repayment schedule the same for all types of loans?
No. Repayment of term loan schedule can vary depending on loan types, the lender’s policies, borrower’s financial capacity, repayment method, and the exact tenure and EMI amounts.
What is the difference between amortisation schedule and repayment schedule?
An amortisation schedule is a breakdown of the interest and principal component of the loan. The term loan repayment schedule is an outline of payment dates and total amounts due.
03 जुलै 2026
9 मिनिटे वाचा
