In India, small business owners have option to choose from a slew of business loans provided by various banks and non-banking financial companies (NBFCs). But a number of studies still suggest entrepreneurs find it difficult to avail credit on time.
The advancement in financial technologies (fintech) enables small business owners to choose from a wide range of business loan products. The business loan products help entrepreneurs to run and expand their small businesses without sacrificing ownership or control. But a
The entrepreneurs nowadays have option to obtain money to set up, run, and expand businesses through a variety of loan products. Some of these small business loan products are conventional, whereas others are modern and technology driven. Many enterprises prefer
In India, both banks and non-banking financial companies (NBFCs) provide different types of loan products to the small and medium enterprises (SME). Some of these loan products are collateral-free, whereas others require the borrower to pledge his personal or business
In India, entrepreneurs have option to choose from a wide range of business loan products. Some of these loan products are conventional, whereas others are modern and technology-driven. Likewise, some loans help entrepreneurs to set up new businesses, while others
Many entrepreneurs nowadays opt for franchise business to set up businesses can leverage a big business network and existing customer base. But the entrepreneurs have to invest funds to buy the franchise, purchase products, and set up the franchise business.
In India, both banks and non-banking financial companies disburse personal loans much faster than business loans. A borrower can use the personal loan proceeds for a number of purposes. Hence, many entrepreneurs opt for personal loans to meet working capital
Working capital is the lifeblood of every business regardless of its size and sector. As a business owner, you can take advantage of business loans to meet your working capital needs without sacrificing ownership stake. You have option to choose
Like large enterprises, small businesses also have option to choose from a variety of financing options provided by banks and non banking financial companies (NBFCs). But several studies suggest that small business owners often find it daunting to avail credit
Most lending institutions in India provide both secured and unsecured loans to entrepreneurs to set up and expand small businesses. But the eligibility criteria for small business loans differ from one lender to another. Many lenders focus on a wide