Dialog between Soul proprietor , Bank manager and Garinteer, for aproval loan
Answers
Explanation:
Single proprietorship business is the most common form of self-employment in the country. Be it your neighborhood Kirana shop, Eatery, Trading Agency, Medical Store, Travel Agent, to name a few; it is most likely that it will be a single man show of the sole proprietor. Like any business, the sole proprietor is also greatly benefited if a suitable loan is granted for business expansion, working capital, equipment upgrade, publicity or diversification. It is cumbersome seeking a business loan from a bank for its tedious procedure. Space is gainfully grabbed by Digital NBFCs like Lendingkart who have transformed the contours of small lending in the country with innovative, customized quick finance options drawing the attention of borrowers.
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