Best Startup Business Loans Of January 2024
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How to Apply for and Get a Business Loan in 6 Steps
If you’re wondering how to get a small-business loan, you’ll want to devote the necessary time to do your research and find the right fit. It can take months to access funding, especially when it’s backed by the U.S. Small Business Administration. By understanding all your business loan options and not rushing the process, you’ll
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Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr
Indostar Capital Finance Ltd (Indostar) has sold a stressed loan portfolio with principal outstanding at Rs 292 crore to Encore Asset Reconstruction Company as a step to clean up books. Indostar, which is backed by private equity investor Brookfield, said the sale of the SME loan portfolio comprised several stressed accounts resolved on December 30, 2023
Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr Read More »
Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr
Indostar Capital Finance Ltd (Indostar) has sold a stressed loan portfolio with principal outstanding at Rs 292 crore to Encore Asset Reconstruction Company as a step to clean up books. Indostar, which is backed by private equity investor Brookfield, said the sale of the SME loan portfolio comprised several stressed accounts resolved on December 30, 2023
Brookfield-backed Indostar Capital sells stressed SME loans worth Rs 292 cr Read More »
Speedy Solutions: Navigating Quick Business Loans without Collateral
When thinking of expanding a business, sufficient financial support is needed to turn the plan into a reality. Finance remains a big challenge for most Small and Medium-sized Enterprises (SMEs) owners looking for business growth. They either exhaust their savings and emergency funds to support their business or pledge an asset collateral to secure the
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InCred Raises USD 60 Million From New and Existing Investors, Becomes India’s Second Unicorn of 2023
New Delhi, December 25: Ending the drought, fintech lender InCred has become India’s second unicorn this year after raising $60 million from new and existing investors, the media reported on Monday. According to an Entrackr report, InCred Wealth, the wealth management subsidiary of InCred, led the funding round with investing $36.76 million, followed by MEMG Family
Deutsche bank backed Taurus tokenizes SME loan portfolio
Swiss tokenization firm Taurus helped SME credit fintech Teylor to tokenize a portfolio of SME credit. Taurus backers include Credit Suisse, Deutsche Bank, Pictet and other big names. In addition to these it also counts CACEIS, Swissquote and Vontobel as clients. https://www.ledgerinsights.com/taurus-tokenizes-sme-loan-portfolio/
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Steer Your Growth With MSME Business Loans And How To Achieve Competitive Interest Rates
MSMEs (Micro, Small, and Medium Enterprises) play a pivotal role in economic development. Access to timely financial support can make all the difference for budding entrepreneurs or established business owners, such as MSME loans that provide capital injection for expansion, working capital needs or fulfilling specific business needs. https://www.outlookmoney.com/outlook-money-spotlight/steer-your-growth-with-msme-business-loans-and-how-to-achieve-competitive-interest-rates-8929
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Deutsche Bank-backed Taurus Partners With Teylor To Tokenize SME Loans In Germany
Taurus, a Swiss crypto custody firm supported by Deutsche Bank, has entered into a partnership with Teylor, a fintech lending platform based in Zurich and specializing in the German SME marketplace. In a statement published on Thursday, the companies said that the collaboration aims to tokenize loans for small and medium businesses in Germany, jumping on the recent
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