For decades, self-employed professionals or start-up founders have been struggling to secure sufficient business funding through banks and NBFCs. One of the primary reasons which can be attributed as the root cause of this problem can be the uncertainty and lack of stability associated with self-employed professionals. As known to all, self-employed individuals don’t have a stable income nor certainty. Thus, their repayment capacity always comes with a question mark. However, with the dawn of NBFCs, the problem is no longer insoluble. A self-employed individual or a business owner can turn to personal loan to start a business and meet their various cash needs. The only question is whether they should or not? If you have the same question, let’s find an answer together.
0 Comments
Leave a Reply. |
AuthorAman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management. |