Day: May 2, 2023
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The significance of providing collateral in obtaining an MSME loan
When applying for an MSME loan, collateral plays a crucial role in securing the loan. Collateral is an asset that the borrower pledges to the lender as security for the loan. In the event that the borrower defaults on the loan, the lender can seize the collateral to recover their losses. In this blog, we […]