{"id":10397,"date":"2018-04-18T17:26:55","date_gmt":"2018-04-18T11:56:55","guid":{"rendered":"https:\/\/www.ishwark6.sg-host.com\/?p=10397"},"modified":"2019-02-11T16:10:30","modified_gmt":"2019-02-11T10:40:30","slug":"product-launches-how-borrowing-can-make-your-new-project-work","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=10397","title":{"rendered":"Product Launches : How Borrowing Can Make Your New Project Work?"},"content":{"rendered":"

With\u00a0over 1,000 new tech startups\u00a0launched in India in 2017 alone, it\u2019s clear that this is a country that is very friendly to entrepreneurs. But\u00a0as India Today reports<\/a>, funding for startups can in many ways be allocated inefficiently – and as a result it can sometimes be a struggle for these companies to borrow\u00a0the cash they need<\/a>\u00a0to progress to the next stage of their business\u2019 lifecycle. Whether it\u2019s researching and developing a new product, adding an innovation extra service to your roster or simply opening a new branch, loans are hard to come by.<\/p>\n

Luckily for Indian entrepreneurs, though, help is at hand. There are ways to raise borrowed cash and get a loan set up no matter what your firm\u2019s size might be. Here are some top tips on getting the funds you need to help lift your next product or service off the ground.<\/p>\n

Apply for a business loan<\/strong><\/p>\n

As many Indian entrepreneurs will know from bitter experience, both the banking and the investment worlds in this country have generally tended to stay away from providing early-stage, high-growth companies with loans in the way that occurs in other start-up heavy countries around the world. But the situation is beginning to change.\u00a0There are reports, some funds\u00a0– such as Alteria Capital, which is about to invest $154 million – are emerging to cater to the Indian start-up scene, so it may be worth applying to some institutional investors once you have your new product or service\u2019s business plan in place.<\/p>\n

Explore personal finance options\u00a0<\/strong><\/p>\n

If the range of institutional investment or lending options isn\u2019t broad enough for your business, though, there are still alternatives. One of the main\u00a0ways to raise cash<\/a>\u00a0when you\u2019ve got a great product idea is to take out a loan in your own name rather than as your business, and then use the new cash inflow to fund the market research or staffing costs which are necessary for expansion. With some wise financial management and a\u00a0strong startup business plan<\/a>, this can be a good way to access capital quickly.<\/p>\n

In the face of a dearth of providers and constant loan application rejections, it may seem like there is no way forward when it comes to borrowing the cash you need. But if you look hard enough and use all of your entrepreneurial spirit and grit, there\u2019ll always be a way. From personal loans to manageable business debt, there\u2019s a way forward no matter what your business\u2019 circumstances might be.<\/p>\n","protected":false},"excerpt":{"rendered":"

With\u00a0over 1,000 new tech startups\u00a0launched in India in 2017 alone, it\u2019s clear that this is a country that is very friendly to entrepreneurs. But\u00a0as India Today reports, funding for startups can in many ways be allocated inefficiently – and as a result it can sometimes be a struggle for these<\/p>\n","protected":false},"author":22,"featured_media":10398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[423],"tags":[591,31,3155,2179,6946,6947,875,364,6945],"class_list":["post-10397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-blogs","tag-entrepreneurs","tag-funding","tag-indian","tag-investments","tag-loan","tag-seeding","tag-startup-buzz","tag-startup-news","tag-startup-plans"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2018\/04\/blog.png","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/10397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10397"}],"version-history":[{"count":2,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/10397\/revisions"}],"predecessor-version":[{"id":10502,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/10397\/revisions\/10502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/10398"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}