Require Suggestions to raise Funds for my Salon Business
Hi, I am F 30 hold 12 years of Experience and VLCC certified and experienced in Rusina hairstyles, own a Salon, I a, actively looking for some good Loans through Govt but a bit confused about how to proceed further which one is good and help me benefit in scaling my salon
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Look into PMEGP scheme of the govt. You can get 25% subsidy as well. You can opt for up to 25L for the 1st time and then up to 1cr next time. They cater to both the manufacturing and service industry. Women are preferred as well. It is basically an interest free loan. Govt pays for your interest.
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Pitch Angel Investors if u want to scale at 100+
VCs will come into picture to make it 1000+
For 10+, you can raise mudra loan, government loans for msmes, from government or go to shark tank.
Search for Mudra Loan for women entrepreneurs. Here is full list of govt loan schemes specifically for women https://www.bajajfinservmarkets.in/loans/business-loan/government-schemes-for-women-entrepreneur.html
Directly talk to branch manager of some govt bank.