INDIA P2P LENDING FOR STARTUP
INDIA PEER TO PEER FOR STARTUP

INDIA P2P LENDING FOR STARTUP

INDIA PEER TO PEER LOAN FOR STARTUP INDIA P2P LENDING FOR STARTUP

In India, P2P lending for startup is by definition a financing agreement between individuals whereby the loan comes from Indian individuals and is dedicated to another individual who intends to create a startup without going through a bank.

In India, P2p lending provides with a loan which is a particular source of funding that is primarily intended for a business that starts from virtually nothing but an idea or an invention that is promising at least in the business plan.

In India, a P2P loan for startup is often needed because, the main obstacles to financing a startup through an Indian bank is that the new venture is just born and that it faces the following challenges such as a lack of balance sheet, absence of banking history or a relationship of trust with a bank and low capital or financial contribution.

In India, P2P lending for a startup is easier to achieve in front of Indian investors if following requirements are fulfilled: having a clear vision along with a solid business plan, a strict and conservative budget preparing for unforeseen costs and finally, discipline tenacity and determination.