We know that formal financing options for all you Self-Employed, driven segment is limited. Especially, when you need to mobilise significantly higher amount of money. The dependence on informal sources (chit funds, private money lenders, etc) is higher.
This requirement, recognized the “Missing Middle”, is a segment that we at Equitas have been giving significant importance to, 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