5 Myths About Unsecured Business Loans Debunked - PowerPoint PPT Presentation

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5 Myths About Unsecured Business Loans Debunked

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Planning to avail an unsecured business loan but not sure if it is right for you? Here are 5 myths we have debunked to help you take a decision. – PowerPoint PPT presentation

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Title: 5 Myths About Unsecured Business Loans Debunked


1
  • 5 Myths About Unsecured Business Loans Debunked

2
  • Debunking 5 myths about unsecured business loans

3
  • When to take Unsecured Loans?
  • You want to start a business but your seed money
    is not enough.
  • You do not wish to pledge your assets to a
    lender.

4
  • What are Unsecured Business Loans?
  • You can borrow these without pledging any
    personal assets or properties.
  • They are offered based on your credit worthiness
    and past records.

5
  • Let's discuss 5 myths about these unsecured
    business loans and clear your misconceptions.
  • Schedule

6
  • Myth 1 UBL is meant for Small Businesses Only
  • Reality
  • UBL is also provided to big businesses.
  • Multiple lenders provide business loans without
    security, in no time.
  • Lenders simply consider your financial history
    before disbursing the funds.

7
  • Myth 2 Smaller amounts reduce your chances of
    getting a loan
  • Reality
  • All you need to show is a good financial record.
  • It doesn't matter how large or small the amount
    you borrow.
  • Your chances of getting an UBL does not increase
    if you request a high loan amount

8
  • Myth 3 Only banks provide unsecured business
    loans
  • Reality
  • New-age lending institutions provide unsecured
    business loans too.
  • They provide competitive interest rates and
    ensure hassle-free disbursals.
  • Just choose a trusted lender who has been in the
    market for long.

9
  • Myth 4 It takes months to get a business loan
  • Reality
  • Hero FinCorp approves your loan within 48 hours.

10
  • Myth 5 You cannot get a business loan for your
    startup
  • Reality
  • All you need is the right set of documents and
    business plan.
  • Your scale of business does not matter.
  • Alternatively, you can start your business with a
    business credit card.

11
  • Whether you dream of a startup or want to expand
    your business, get an unsecured business loan
    today.

12
Thank You !Would Love to Hear From You
  • Hero FinCorp Limited
  • 09, Basant Lok, Vasant Vihar, New Delhi - 110057
  • Tel. 18001024145
  • Email Id Corporate.Care_at_HeroFinCorp.com
  • Website https//www.herofincorp.com/
  • Know more- 5 Myths About Unsecured Business Loans
    Debunked
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