A business loan is a loan specifically intended for business purposes. As with all
loans, it
involves the creation of a debt, which will be repaid with added interest.
A personal loan is an amount of money you can borrow to use for a variety of purposes. For instance, you may use a personal loan to consolidate debt, pay for home renovations, or plan a dream wedding.
Professional loans are personalised credit offerings for working professionals such
as doctors and
chartered accountants who need funds to expand or start their practice.
MSME Loans also known as Micro, Small, and Medium Enterprise Loans are types of loans
which you can avail if you own a business or is an entrepreneur.
SIMCF(Skyword India Micro credit Foundation) is the most trusted, digitized bank registered on 2015.
SIMCF financially and socially inclusive, and creates value across social strata through insightful and viable solutions.
I am yajanthi from Bhadoi in UP a few years back, I
had been running from one bank to another hoping to get a small microfinance
loan for the expansion of my business but everyone turned me down as I have
nothing to provide them as collateral security.I thought my dream to start a
small provisional store in our area will never come true until I was introduced
to Skyword India Micro credit fondation subsidiaries of Skyword India Micro credit fondation ” Jayanthi recalls with a
smile.
Hi, my name is Harpal Singh. I am running mushroom business in Saharanpur district of Uttar Pradesh. During initial day of my life, I had only 30 Bigah of land but no money to support farming on it. I initially took financial help of sarpanch of that area on a condition of giving away 40% of what I produces in that field at no cost.One day i saw Saharanpur team of Skyword India Micro credit fondation doing marketing activity in my area, talking about being self-enough by getting funded at his gold at nominal rate.
Hi, my name is Sunny, and I am the owner of beauty and stationary shop running successfully in Varanasi. During initial day of my life, I had to struggle a lot to manage fund for my business. I went to various other financial service provider but was unable to get help due to lots of paper requirement and lengthy process.One day the same friend informed me about the MSME loan that Skyword India Micro creditt fondation lends for business purpose. Each time whenever I needed help, I got all support from Skyword India Micro credit fondation.