12 ways to get a business loan with a low CIBIL score or bad credit - PowerPoint PPT Presentation

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12 ways to get a business loan with a low CIBIL score or bad credit

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Planning to get a business loan? Don’t know how to get a business loan? With a bad credit score, it will be difficult to get funds to manage your business expenses. Here are some of the top and most popular funding options that can help you with instant funds in your business. How to get a business loan? Make sure you compare the business loan interest rate before applying for a business loan. It is possible for a business to have a high income with a bad credit score. Therefore, revenue-based loans are very popular in that case. – PowerPoint PPT presentation

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Title: 12 ways to get a business loan with a low CIBIL score or bad credit


1
12 ways to get a business loan with a low CIBIL
score or bad credit
2
  • Secured business loans

Secured business loans are very popular nowadays
for small and medium-scale enterprises. There are
various secured business loans offered by banks
and non-banking companies. It is important that
you get a secured business loan by offering any
collateral or property. A self-employed
individual can always pledge any property or
asset to a bank to get a secured business loan.
3
  • Gold loan

A gold loan is one of the best ways by which you
can get a secured business loan. Self-employed
individuals can keep gold ornaments with banks or
non-banking companies to get the same value of
funds. The business loan interest rate will be
low because it is a secured form of a loan. A
gold loan is easy to get because it does not have
any eligibility criteria.
4
  • Revenue-based loans

In the business world, revenue-based loans are
very popular. Depending upon the monthly revenue,
business loans are offered. It is possible for a
business to have a high income with a bad credit
score. Therefore, revenue-based loans are very
popular in that case.
5
  • Security business loan

A security business loan is taken by individuals
against investments and fixed deposits. It is
important to use investments and financial
security if you have any. Get a secured business
loan with the help of your existing
investments. Business credit cards have a credit
limit that can be used to cover any type of
expense. The credit limit will depend upon the
business eligibility criteria.
6
Thank You
For more information please contact
Clix Capital Services Private Limited Email
hello_at_clix.capital Mobile 18002009898
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