The small businesses face a huge gap in funding as the traditional lenders ask for collaterals in form of home or office properties which is often not available with the small businesses as they run mostly on a rented or leased premises. Also, the traditional lenders take a really long time to process the business loans which is again a roadblock for the small businesses.
Indifi which India s leading digital lender helps the small businesses with unsecured business loans that are based on the business transactions of the small businesses and do not require any collaterals. These business loans can be availed within 24 hours of application.