Startup Sunday Season 1 Episode 23 (Capital Float)

capital-logoEntrepreneurs in India consistently face issues while raising timely credits from banks, despite running successfully. Those that succeed often have to provide some collateral to fund business needs. Constricting lending policies, unbending collateral requirements and slow disbursement times by formal banking institutions drive SMEs towards informal financiers; while these institutions are quick but high interest rates put them down to a chronic cycle of debt. Continue reading