Loan Frame is a Fintech company which focuses on SME borrowers through an approach that marries technology with market knowledge, best practices in lending, and world-class processes. It has grown rapidly both in terms of number of clients as well as network of lenders.
Here’s why applying for a loan via Loan Frame makes eminent financial sense for you.
1. Marketplace model gives you choice
Loan Frame is a business loan marketplace. What a loan marketplace does is it collates various lenders of all types – banks, NBFCs, and any other finance company – on a common platform. This effectively makes you a buyer who chooses which seller to buy from rather than the other way around. No more lobbying with bank business loan officers and relationship managers who can introduce subjectivity to the process. Our credit team lets you know which lender’s profile matches with your requirements and you choose who to borrow from based on the best available deal.
Continue reading “5 Reasons a Business Loan via Loan Frame is Ideal for Growing Your Company”
About the SME
Surendri Design, a well-known fashion design SME started operations in 2013 with the aim of becoming the preferred shopping destination for women across age groups. The brand has since become a popular name in the celebrity fashion circuit, and showcases its designs at renowned fashion events across the country.
Continue reading “Loan Frame empowers Gurugram Designer to expand and scale new heights”
Alternative Lending is a very broad term used to describe the wider set of business loan options available to business owners.
Given the general under-penetration of banking services in India, it is no surprise that Alternative Lending channels are making inroads.
Continue reading “6 Must Know Facts About Alternative Lending For A Business”
Window shopping is taken very seriously by some shoppers when they visit markets or malls. This isn’t surprising when it comes without any costs attached. Not so much when you are in the market for a loan for your small business. Each window you stop at ends up making you and your small business a little less credit worthy.
Continue reading “Window Shopping For Small Business Loans Doesn’t Come Free”
Despite their importance to the Indian economy, MSMEs suffer institutional neglect with access to financing at a reasonable cost being one of the key pain points for small businesses. However, a combination of realisation of the importance of this segment, improved risk appetite, and innovations in the channels linking borrowers with lenders is slowly but surely changing things for the better.
Continue reading “How We Are Nurturing SME Growth Through Financing Solutions | IAMWIRE”
Dr. RP Singh is a consulting doctor working at a large hospital based out of Delhi with an entrepreneurial streak. He wished to start a new business, managing lab machines for clinics. Given the large, upfront capital investment required, he needed to get a business loan. However, getting a loan for his start-up at a reasonable cost was proving to be nearly impossible given the absence of a track record and the multi-geography nature of work and collateral.
Continue reading “How Loan Frame Helped a Doctor Entrepreneur Set Up His Business?”
The good news that you have been waiting for: interest rates have finally started inching downward. Copious flows of deposits have now allowed banks the leeway to reduce lending costs across maturities and loan products. SBI, Union Bank, and PNB have taken up the gauntlet of reducing MCLR (Marginal Cost of Funds Based Lending Rate) anywhere between 65-90bps (100bps = 1%). Feedback from banks and other lending agencies suggests that others will follow suit soon enough in order to remain competitive.
Continue reading “Are you paying more than 11% on your SME Loan or Loan Against Property?”
The crucial 50 day period following the demonetisation announcement is about to end. This period has been characterised by economic convulsions, adjustments, and apprehension about the future. The difficulties that businesses small and large have faced in this time are real and well known. However, the feelings of apprehension are as real for lenders as they are for borrowers.
Following demonetisation most lenders have gone into wait and watch mode as their risk appetite has gone down even as borrower risk profiles have gone up. According to RBI data , credit or loan growth for the fortnight that ended November 25 – the first reporting fortnight after demonetisation – declined to 6.6% from 7.9% on a year-on-year basis in the previous fortnight, i.e. before the demonetisation announcement. This is nearly half of the long period loan growth rate of 12.9% between 2012 and 2016. In the fortnight ended December 11 (the latest available), YOY growth dropped even further to 5.7%.
Continue reading “The Post-Demonetisation Borrowing Landscape – Navigating the Changes”