Small and mid-size enterprise are the businesses that maintain assets, revenues and number of employees below a certain threshold. Every organization and country has its own definition of what is required in the small and medium-sized enterprise. Mid-corporate funding aims to provide a customised financial solution to meet its growth of financial needs and working capital. We greatly understand that business depends on well-organised fund flow system and efficient utilization of funds to keep businesses running.
What is a Small and Mid-size Enterprise (SME) ?
Small and mid-size enterprise are the businesses that maintain assets, revenues and number of employees below a certain threshold. Every organization and country has its own definition of what is required in the small and medium-sized enterprise.
Mid-corporate funding aims to provide a customised financial solution to meet its growth of financial needs and working capital. We greatly understand that business depends on well-organised fund flow system and efficient utilization of funds to keep businesses running.
Key Facts about SME, MME and Mid Corporate Funding
To improve credit flow to the SME sector
Information based lending usually credit scoring, incorporates financial statement lending and relationship lending.
Viability-based financing which is especially associated with venture capital.
The entity type of SME, MME and Mid Corporate Funding not depending on the value of a business.
Reliable for all the small ticket loan
SME, MME and Mid Corporate Funding Eligibility Criteria
Private limited companies
Sole proprietorship firms
Partnership firms
The firms must be defined under the Reserve Bank of India and the MSMED Act.
Public limited companies
Trading, Manufacturing and service units
The firms have made profits in the last three years.
Why SME, MME and Mid Corporate Funding from JBLC?
Looking for funding? Having a residential r commercial property which you can offer as collateral. We offer hassle-free and easy loan against property for a loan amount starting from Rs 5 lakhs. You can avail of a loan against commercial or residential at best rates of interest.
