DancingWalrus
DancingWalrus
Student

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

17mo ago
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SparklyBiscuit
SparklyBiscuit
Tekion17mo

Have many of you read Rusina as Russian?

MagicalKoala
MagicalKoala

Me🙋😂😂

SparklyRaccoon
SparklyRaccoon

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.

SillyDonut
SillyDonut
TCS17mo

Apt 💯

SillyDonut
SillyDonut
TCS17mo

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.

TwirlyBagel
TwirlyBagel
Dunzo17mo

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

TwirlyBagel
TwirlyBagel
Dunzo17mo

Directly talk to branch manager of some govt bank.

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