Give Your Business The Boost It Needs

VASANT VIHAR, India - Nov. 29, 2016 - PRLog -- Starting a business is never easy. And sustaining it is even harder. But the thrill you feel when you've managed to pull through despite the obstacles makes everything worthwhile. One of the most common problems faced by small businesses is finance. Whether you are an aspiring busi-ness owner looking to start a new business or an existing business owner looking to push future business activity by buying new machinery or raw material, finance is a key concern. In fact, many businesses have had to shut down because of the lack of finance. Without the backing of an MNC, many small businesses find it difficult to sustain themselves.

Today, many banks and Non Banking Financial Institutions (NBFI) offer fantastic small business finance options to address this very concern. And what's great is that each offers benefits more competitive than the other. It is advisable, however, to compare terms and benefits being offered by various banks and non banking financial institutions before making a choice. Since the amounts are much higher so are the risks involved, especially as some of these business loans are offered without security. Make a conscious, well researched choice.

The small business financing solutions offered by Hero FinCorp are customisable, highly flexible and at attractive terms thus making them a preferred choice for enterprises. Some of the compel-ling benefits offered by Hero FinCorp include.

-    Quick and Hassle free approvals
-    Low interest rates
-    Flexible repayment tenure
-    Fair and transparent services
-    Prompt customer service

Any business public, private, proprietorship or even self employed is eligible for a small business loan (https://www.herofincorp.com/sme-commercial-loans). However, at Hero FinCorp, there are certain criteria that must be met to be eligible. It is im-portant that a minimum of three years should have been spent in the current business, business profitability must meet industry norms and a satisfactory credit score is maintained.

A range of small business funding solutions have been designed at Hero FinCorp to meet the unique requirements of every business. For operational costs, you can opt for either working capital loan designed to meet operating costs of your company or working capital demand loan, which helps finance day to day operations of the company. For more long term all inclusive loans, you can choose a term loan. Project finance offers funding for the long term expansion of a business. Acquisition financing and even machine term loans are offered to meet specific requirements. The loan amount, tenure, repayment terms and interest rates differ as per the loan type chosen.

So what are you waiting for? Go ahead make that business dream of yours a reality.


About Hero FinCorp

Founded in 1991, Hero FinCorp is an associate company of Hero MotoCorp, India's largest two wheeler manufacturer. One of the fastest growing non banking financial institutions in India, Hero FinCorp provides consumer finance, like loan against property and two wheeler loans, and com-mercial lending options. Currently Hero FinCorp is present at close to 2000 retail financing touch-points across Hero MotoCorp's network. https://www.herofincorp.com/