There are several kinds of business loans available for companies and entrepreneurs. It is natural for companies to require capital at strategic moments in order to consolidate, grow and revive their businesses. There may be a cash crunch faced by any business at certain time periods and this is when funding comes in really handy. […]
Small Business Loans & Updates
HDFC Bank ventures into small business loans
HDFC Bank has officially ventured into the small business loan segment. It will now be focusing on small business lending in addition to its core divisions. It has also officially launched a unique tool for credit appraisal based on analytics. This will be helping in sanctioning working capital loans within only one hour. The software […]
Bajaj Finserv comes out with specialized SME and MSME loans
Bajaj Finance Limited, the lending division of Bajaj Finserv, has come out with customized SME and MSME loan solutions. There will be easy eligibility criteria and hassle free, minimal documentation processes. MSMEs and SMEs can easily take loans up to Rs. 30 lakh by providing their registration certificate for the organization and the income tax […]
Cash Suvidha offers loans for SMEs in India
Cash Suvidha, a one-of-a-kind Fintech entity already caters to innumerable small businesses and MSMEs in the country. It has declared that more than 32, 000 SMEs, MSMEs, women entrepreneurs and startups have already received loans under its banner. Alternative lending solutions are offered by Cash Suvidha to its customers. This is a digital lending platform […]
Yes Bank receives funding from OPIC for SME lending purposes
Private sector lender Yes Bank has garnered $150 million in funding from the United States Government in tandem with Wells Fargo. These funds will be deployed for scaling up lending that supports women entrepreneurs along with increasing lending for medium and small sized Indian enterprises. This is the third funding round for the bank as […]
