We know that formal financing options for all the Self-Employed, driven segment is limited. Especially, when you need to mobilise significantly high amountof money. The dependence on informal sources (chit funds, private money lenders, etc) is high.
We at Equitas recognise the “Missing Middle” segment’s requirement and have been giving importance to it, because we know your contribution is very significant to our country’s growth.
Purpose of the loan – The loan may be provided to self-employed applicants for meeting any of the following large-ticket expenses:
- Business expansion
- Closure of high-cost loans
- Higher education of children
- Medical expenses
- Renovation of house
- Other expenses – Customer to specify