Private Funding

Private funding is the funds lent to small enterprises to grow their business or say to individuals in need of funds. It offers the advantage of cash flow required for boosting up one’s business or needs. It includes funding in the form of loans, cash from private individual financiers or sometimes family/friends. Investment from associations, businesses, HUFs also come under this category. The collateral may or may not be taken by the financier, depending upon the relationship with the borrower.

There are investors who focus on private funding for startup businesses with passionate entrepreneurs, who have the ability to generate larger profits in the coming time. FirstLease offers services to such borrowers for secured and unsecured funding by private individuals and corporate.