Difference between personal loan and private equity loan
In reality there is much difference since a personal loan is a capital that gives you your bank to undertake a particular action and its main requirements for grant it usually based on the amount of money you generate each month, in other words, they want to that you have a payroll as safe as possible.
Instead of private equity requirements tend to be based on the quality of the real estate that you have and the money is delivered by an independent private investor from the bank.
Another fundamental difference is that personal loans have an interest rate much lower than the private equity loan.
Also note that the deadlines for returning a personal loan is usually small monthly installments prolonged in time (on the order of 2, 3 or 4 years). But the maturity of a private equity loan usually not exceeds one year and only one payment is made before the deadline.
It is evident that the conditions of the personal loan are much better that the private equity loan, therefore one more difference is that a client only access to private capital when he have found various negative in accessing their banks or boxes. So as a final difference will set the client of private capital tends to have many more problems of delinquency and lack of liquidity that the client personal loan.
Get your loan now! Contact Us