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What are the Financing Facilities for Small Business persons in Chennai?
Business

What are the Financing Facilities for Small Business persons in Chennai?

Chennai boasts of major industries such as tourism, software, manufacturing, hardware, medical tourism etc. It is known as the “Detroit of the India” since it has one of the largest automobile sectors. Being a port city, it also facilitates exports and imports to and from other countries. Apart from these major industries, Chennai also has a thriving SME sector. Several factors such as high literacy rate, low cost of living and special economic zones (SEZ) are responsible for more and more individuals setting up their business in this city. Moreover, entrepreneurs and business owners can choose from an array of financing facilities such as business loans in Chennai to avail the required capital. Some of these financing facilities that individuals can consider are – Gove