Loans & Grants
Loans are borrowed from financial institutes or individuals, with an intent of repayment with interest. Grants are financial awards, given to a company/individual to achieve his goal, with no intention of repayment
Why Loan ?
Advantages
Disadvantages
- Frequently available through various platforms
- Less competition while applying for loan
- More credit limit
- Less flexible terms of conditions
- Interest rates applied
- Must be repaid
Why Grant?
Advantages
Disadvantages
- No obligation to repay
- No interest rates applied
- Credibility due to competitive nature
- Limited opportunities
- Limited credit available
- More expectations for outcome
OPTIONS AVAILABLE:
Loan:
Grants
- Banks
- Non-Banking Financial Companies
- Individuals/Entities
- HEC
- USAID
- SMEDA
- STATE BANK
