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Shivam Singh

"Igniting My Startup... • 1m

Hey everyone, I'm working on a new fintech idea around MSME financing. If there were a platform where MSMEs could quickly get funds based on their pending invoices or confirmed orders from reputed companies, would that be something useful? What chall

Shiva Prasad
•

Lognormal • 1m

Your concept sounds good, Many Fintech companies like Bharatpe are providing loans based on their daily transactions. Others are providing loans based on 2 years transactions and GST records. If we have enough money, we can provide loans, but how we recover the loan matters a lot. Few people might place fake orders and cancel them post loans credited. Genuine Business People like to take loans on interest below 2% per month. Currently I am also looking for a loan but interest rates are high, So I am going with a mortgage loan

1 replies

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Shivam Singh

"Igniting My Startup... • 1m

[This post has been deleted by the creator]

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