Star Finserv Launches SME Business Loan Division
Star-Finserv today powers the growth of Small Businesses through lending and business performance innovation. The loan products are designed according to the needs of SMEs.
- (1888PressRelease) May 28, 2016 - Star Finserv, a registered Non-Banking Financial Company (NBFC) provides access to both capitals - financial and human capital. Financial capital by way of loan is provided to SMEs when we are convinced they have strong fundamentals and are focussed on business performance innovation.
Each company requires capital for growth depending on the size and stage of the company. Star Finserv India Pvt. Ltd coaches and mentors SMEs in understanding and building their capacity for growth ensuring the culture is not sacrificed.
According to Aashish Malve, Director, Star Finserv, "The startup culture in India is on a meteoric rise and our chief aim is to make India the land of opportunity for everyone. Loan against property remains the most profitable asset class for NBFCs despite increasing risks. There are several reasons for the SMEs to prefer NBFCs to banks - the key reasons being the low turnaround time and easier documentation.''
Star Finserv over the years has perfected 3 A's - Assist, Advance and Accelerate. We provide advice and mentorship where required - a crucial missing element in case of the traditional banks. In the case of SME' with first-generation entrepreneur, access to experience can make all the difference.
Star Finserv's frameworks and management know-how can act as catalysts to become a sustainable company.
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