Need Collateral for a Business Loan
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Description
If you need collateral to secure your Business Loan, you’re not alone. In India and across the world, many businesses face a major hurdle when applying for bank financing — they have a solid business plan and robust cash flow but lack the assets required as collateral. Banks typically ask for hard security such as land, buildings, or other high-value assets before approving large loan amounts. Unfortunately, many growing companies don’t own such assets, and this lack of collateral becomes the most significant barrier to securing the funding they need to expand, innovate, or manage working capital.