Borrowers are business entities that seek and obtain loans from Allott Capital. Borrowers enter a borrowing arrangement to utilize the borrowed funds for various purposes, such as company expenses, extended business, business investments, or real estate acquisitions.
Borrowers are responsible for repaying the borrowed funds according to the agreed terms, including the repayment schedule, interest rates, and any associated fees. Allott Capital evaluate the creditworthiness of borrowers based on factors such as credit history, income or cash flow, collateral, and overall financial stability before extending a loan offer.