Facebook to help SMEs in India securing loans1 min read

Facebook, the social media giant has taken the initiative to help Small and Medium Enterprises secure loans in India. The company expects to expand its presence among merchants through this initiative. The program named as “Small Business Loans Initiative” helps address some of the biggest impediments the businesses face while securing loans.

The new program will give small sized loans ranging between $6,720 to $67,200 at an interest rate between 17%-20%. The businesses won’t require to put collateral to secure loan.

For details, click here.
0 0 votes
Article Rating
You might also like
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
0
Would love your thoughts, please comment.x
()
x