Mogul Pte Limited, a company based in Lautoka, has introduced its new credit facility called Mogul Pay to support small businesses and startups. Established in 2017, the company specializes in visual solutions, signage, and printing services.
The company director, Ritesh Chauhan, highlighted the difficulties new businesses face in securing funding to sustain their operations. He noted that most entrepreneurs start with a specific amount of capital but struggle to balance expenditures such as product purchases, rent, and operational costs as time progresses. Often, essential aspects like marketing and creating an appealing business environment through signage are neglected.
Chauhan explained the attractive terms of Mogul Pay, including zero deposit, no paperwork fees, and interest-free loans. Businesses can apply for credit up to $10,000 to cover their signage needs. The company intends to guide clients through their options and ensure they implement effective marketing strategies.
Additionally, Mr. Chauhan emphasized their commitment to helping businesses thrive by offering personalized feasibility studies and advice on appropriate expenditures tailored to each business’s needs. This initiative aims to enhance the overall growth of small enterprises by addressing their visual marketing needs effectively.
This initiative is a positive step toward fostering a supportive environment for budding businesses, ensuring they have access to the resources necessary for long-term sustainability and success. By recognizing and addressing the common challenges faced by startups, Mogul Pte Limited is positioning itself as a valuable partner in the local business community.
In summary, Mogul Pte Limited’s Mogul Pay credit facility represents an essential resource for small businesses looking to improve their market presence while managing financial constraints, ultimately contributing to their growth and success.
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