Q6. “Which banks should I approach for a small business loan?”

Home FAQs Q6. “Which banks should I approach for a small business loan?”

Q6. “Which banks should I approach for a small business loan?”

Do you know there are close to 20 banks & financial institutions (FIs) providing small business loan to SMEs?

Do you know that some banks shun certain industries whereas other banks might welcome these same industries?

There is no definite answer to this because different banks have varying credit criteria and risk appetite.

Although there are close to 20 banks and financial institutions providing small business loan, all banks have different credit criteria for assessing SME working capital loans.

However, most SMEs are not aware which banks are suitable for their respective profile and could waste precious time speaking with banks that are not the right fit.

Assisting SMEs with business financing remains our core business.

Due to our familiarity with the credit criteria of the various banks, we can help identify the most suitable banks for your company’s profile to ensure highest chances of commercial loan approval at the best terms.

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