Fueling Business Growth with SMEs Loans
Our streamlined process ensures you get the funds you need when you need them.
Small and Medium-sized Enterprises (SMEs) are the backbone of the economy. At iGLOBAL FINANCE, we’re committed to supporting your business’s growth and expansion. Our SMEs Loans provide the financial boost your business needs to thrive in today’s competitive landscape.
Key Features:
Our loans are customized to meet the unique needs of your business.
Access funds swiftly to seize growth opportunities.
Enjoy affordable interest rates for sustainable growth.
Benefit from our financial expertise to make informed decisions.
Choose from a variety of repayment schedules.
This product is specifically crafted for micro and small business owners who already operate businesses and need additional working capital to expand their operations. It is exclusively intended for income-generating activities, such as purchasing goods for resale.
Micro and small-scale entrepreneurs frequently encounter challenges related to insufficient working capital for sustaining their business operations. These challenges can vary widely based on factors such as transaction volume, business size, and turnover. It would be highly efficient to offer a comprehensive solution that addresses the diverse working capital requirements of these entrepreneurs. This product would empower existing micro and small business owners to fulfill various needs, such as stockpiling inventory and expanding their product offerings, streamlining their financial processes.
Customer’s assessment shall be based on any two of the following three factors:
- Estimated business worth – loan amount shall not exceed 80% of the estimated business worth.
- Estimated weekly turn-over/sale – repayment shall be structured such that weekly/monthly repayment amount shall not exceed 10% of weekly/monthly turn over/sales.
- Average weekly/monthly net income – repayment shall be structured such that weekly/monthly repayment amount shall not exceed 40% of average weekly/monthly net income.
Repayment plan: Repayment of the loan shall be weekly or monthly depending on the customer’s preference.