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What is included in Funding Proposal Creation?
Project report preparation
Guidance for study required and preparation of project report based on the inputs shared by the entrepreneur.
Assessing the viability of the business based on the project report and prevailing market conditions.
Assistance with Documentation
Assisting with the required documentation and its sequencing for loan application.
deAsra’s Recommendation Letter
For viable proposals, deAsra will give recommendation letter to Banks/Financial Institutions as a reference.
Query Resolution Support
Telephonic support to resolve queries raised by the Banks/Financial Institutions (if any).
All about Funding Proposal Creation
Small Businesses Supported
Small Businesses Funded
Loan Amount Facilitated
Free Online Business Guides
Margin money is the owner’s or the promoter’s contribution which is calculated as a percentage of total project cost. In case of loan, the applicant has to gather this margin money amount before sanctioning of loan. Generally, financial institutions demand minimum 25% of total project cost as margin money.
CIBIL (Credit Information Bureau (India) Limited) score is a three-digit numeric summary of your credit history. The score is derived by using details found in the accounts and enquiries section on Credit Information Report (CIR). CIR includes details of credit availed by individuals such as home loan, automobile loan, credit card, personal loan, overdraft facilities over a period of time. CIBIL score is one of the first checks that a lender does when they are evaluating your loan proposal.
Guarantors are the individuals who guarantee to repay the loan and interest amount in case the borrower is unable or does not repay the same on due date.
Collateral is a security which is created in the name of the lender to secure the loan amount. It can be seized by the lender in case of any defaults in repayment of loan.
Our partners in the journey
deAsra is associated with many organizations in the mission of promoting mass entrepreneurship. These organizations include funding partners, service partners, like minded NGO’s and CSR’s working towards generating jobs through entrepreneurship, and entrepreneur clubs. We believe that the more people that join this mission, the faster we will be able to solve the problem of job generation faced by the country today.