Kinara Capital announces short term loans for MSMEs

New Delhi, Jan 27 (KNN) Short term working loan option which is collateral free has been introduced by Kinara Capital for its its current MSME customers. 

They are available in the range of Rs 50,000 to Rs 2 lakh with rapid turnaround (TAT) and lower processing fees having a tenor of 6-12 months to give MSMEs the option of fulfilling sudden business needs.

It addresses the right budget situation MSMEs generally face and majorly are challenged with restricted cash flow during changes in business.

Hardika Shah, Founder & CEO, Kinara Capital said, “Through this initiative of quick loan option we are giving MSMEs leverage that can instantly dictate their turnover."

Under its Kinara's HerVikas program, it offers discount to MSME women entrepreneurs on Short-Term Working Capital loans.

Kinara Capital is a financing company that provides flexible collateral-free loans to small business entrepreneurs.