Are you always thinking about business expansion, but low capital is holding you back from grabbing the growth opportunity? Business expansion is the primary function of any business, but not having a proper source of funding hampers your dream of business growth. So what should you do? Should you take a business loan or dip into your savings and investments for this? Let’s explore the best way through which you can not only seize the business opportunity but also preserve your investment.
What Is Loan Against Mutual Funds?
Loan Against Mutual Funds is one of the fastest-growing financial products in India. It is being used by investors like you to raise short-term loans at an affordable interest rate. Most Business house today put their surplus income either in Liquid funds or Debt funds as part of their cash management. This safeguards them from equity market volatility and gives a predictable return too. One can use LAMF against securities link debt funds or liquid funds to expand their business and meet short-term funds requirements without redeeming their investments.
Want to learn more about LAMF in India? Read our Complete Guide On Loan Against Mutual Funds In India blog now and get the whole idea about Loan Against Mutual Funds.
How To Use Loan Against Mutual Funds For Business Expansion?
- To Meet Short Term Borrowing
Every business needs short-term borrowings to run their day-to-day operations smoothly. Although many businesses use their overdraft facility to meet their short-term borrowing needs it may not be the best option. Overdraft facilities may provide your business with quick funds but they often come with interest rates, making them less feasible when you have a high credit need.
When it comes to expenses such as purchasing machinery or any other significant expenses that require large investments, taking other types of loans like a Loan Against a Mutual Fund is the best option. With Loan Against Investments, you get easy access to credit just like an overdraft facility but at a lower interest without breaking your investment at all.
Want to know how much credit you can get? Calculate your Loan amount with India’s Best Loan Against Mutual Fund Calculator at Neoble now!
- For Business Expansion
In our day-to-day lives, our minds come across various business ideas but only a few of them have the potential to ignite the business growth rate. Growth is the ultimate motto of every company, but to attain this you should be open to and prepared for grabbing any business opportunity that comes to you. These ideas are unique, help in solving customer’s problems and thus have a big value for your business growth. To implement any of these ideas you require capital whereas getting capital is not always easy. In times like this, your savings become your best helping hand as they let you attain credit at a low rate. The best loan option for such time is Loan Against Mutual Funds as you can get easy credit in a quick time. Getting LAMF from a trusted LAMF provider in India is an easy process. You can get a sizeable loan upto 5 crore without much paperwork.
Do you want to know how much loan you will get and at what interest rate? Contact Neoble’s expert to get a tailored loan against mutual fund in India now.
- For Increasing Your Business Productivity
The key factor that distinguishes a successful business from an unsuccessful business is the productivity level that it can achieve. Many businesses struggle to expand their productivity due to a variety of reasons with the most common of them being the lack of new and advanced technology and proper mixture of skilled labour force. Both of these problems can be solved easily only if you are willing to invest appropriately with a low interest rate debt. A Loan Against Mutual Funds is the best type of loan in India with a low interest rate which not only lets you have credit but also allows you to enjoy the gains that your mutual funds are giving.
Conclusion
Running a business is a dynamic process where you come across various challenges and opportunities now and then. Some of them are never to be missed, hence you should always be on your toes. To tap into these opportunities you require a trusted credit source that can provide a high amount of loan at a competitive interest rate. Loan Against a Mutual Fund in India is your best option for these opportunities. Through LAMF you not only get credit but also get the benefit of quick money at competitive rates without sacrificing your investment gains. Want to know how to get a loan against mutual fund investment? Connect with India’s Top LAMF Startup –Neoble now.