Nothing • 1y
First of all u should bifurcate it whether it is merchant loan or personal loan and the biggest challenge infornt of you is 100percent loan repayment which is still in India impossible as even BharaPE had repayment around 92 to 96 inspite of being an unicorn....and even if it is possible what about your operational costs as u said it is fintech ... The word tech carries lot of costs with itself... Hope u get my point
Start now or Regret ... • 8m
hii , At the age of 19 I have unfortunately taken a loan for my friend in mpocket and the loan was never paid.I have neglected that time because I don't have money .Now I am salaried with 5.2 lpa but I have less credit scores , so no credit card are
See MoreFounder - Burn Finan... • 1y
The fundamental difficulty in the financial industry is managing liquid capital for operating expenditures. A standard overdraft facility costs us 7-8% per year. Taking a loan for your operation is not a wise idea since it has a significant impact
See MoreBuilding Nestsure • 22d
Are there any Bank official who works in loan department? had one doubt. Please answer it below Doubt : If a business needs 45cr capital, and i need 2cr loan from a bank ( Paid-up capital is just 6 crore, and 38cr loan is sanctioned from a bank ). S
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