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Business loans for women: A brief insight
1. Business Loans for Women: A Brief Insight
Women-owned small businesses and start-ups are becoming increasingly popular in India. The
emergence and growth of these businesses make a significant contribution to the economic
development of the country, as well as help many women to become financially independent.
These women-led businesses also create job opportunities for many. However, there are still a
number of hurdles aspiring women entrepreneurs have to cross to establish their businesses,
acquiring adequate funding being among the major ones.
Business Loans for Women
To establish any business, a significant amount of capital is needed. Unfortunately, not many
women have an adequate amount of savings with them to fund their ventures. This is where
business loans come as a huge help. There are many banks and non-banking companies that
offer special woman entrepreneur schemes in India. These business loans are specially
designed for women and provide them with the funding needed to achieve their dreams. The
key advantage of business loans is that, unlike equity investors, NBFCs and banks will not get
involved with how the entrepreneur runs her business. They would have full control over their
business and get to manage it as per their will.
2. Choosing Capri Loans
While many banks do offer business loans that are specially meant for women, getting
approved for such loans can be a huge hassle. Fortunately, NBFCs like Capri Global Capital
Limited have a much more flexible and simple loan approval process. This NBFC provides low
interest loans for women for up to Rs 40 lakh. The repayment tenure for such loans can
additionally be up to 10 years. Capri Loan Capital Limited maintains a pretty swift loan disbursal
process, allowing women to get the required funding as soon as possible. More details about
the loans offered by Capri Loan Capital Limited can be found online.