In India, lending has become as the most common source of financing for most of the startups. Startups that are unable to seek funding or looking for other financial support generally opt lending option. The lending process does not involve any dilution of ownership or interference which is also one of the reasons why a startup seeks debt financing.
The general problems that startups face while seeking lending is the selection process of lenders. Some lenders also ask for collateral which startups are unable to provide. So it is difficult to find the right lender who agrees to lend for startup.
If you are also facing this challenge of finding the right lender for your business then the optimum solution for this is BusinessEx platform.
BusinessEx is a networking platform which simplifies the challenges that startups and lenders face which is having a common platform to interact. The startups and lenders now have the opportunity to connect with each other from all over India.
For startups, they now have the opportunity to seek lending services from the lenders registered on this platform. The startups just need to create startup profile here in order to find the right lender.
For lenders, they have the chance to find the startups looking for lending opportunities. The startups are registered in 14 different industries on this platform and a lender can connect with any of them as per their choice. To use our platform services, you need to create your lender profile first.
For more information, connect with us.