Finding the Right Financing Solution in India
In India, businesses can access loans from banks, NBFCs, and fintech lenders, each offering tailored solutions. Loan amounts can range from a few lakhs to several crores, depending on business size and financial stability. Government initiatives like MUDRA, CGTMSE, and Stand-Up India provide easier access to credit, especially for small enterprises. Interest rates typically range from 8% to 24% per annum, influenced by creditworthiness, loan tenure, and collateral availability.
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