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“As my business expanded, I found a Lifetime friend in NeoGrowth”
EON Retailers is one of the successful Footwear Retailers in Pune. They retail all Major brands of Footwear for men, women & kids category.
About the business
EON Retailers is one of the successful Footwear Retailers in Pune. They retail all Major brands of Footwear for men, women & kids category.
With business growing rapidly he expanded from a single retail outlet to 4 outlets in a short span oftime across Maharashtra – Mumbai, Pune & Nasik.
NeoGrowth's Role
As business grew, so did the requirement of working capital. Mr. Alataf was initially very hesitant to the idea of borrowing money from external parties. However he soon realised that if he were to make it big & materialize his business dreams he did require funding from a trustworthy source.
Once he decided to raise funding, he turned to the traditional sources of Finance. Soon he found himself caught up in innumerable calls, documentation & follow-ups from multiple bank executives. Apart from documentation, it was also an extremely time consuming process. His search finally ended when he got a call from NeoGrowth. He expressed his intention to take a loan & the very next day an executive visited his shop for a 10 minute meeting. He filled the loan application form & was sanctioned a loan in 3 days flat!
“I was surprised to get Sanction Letter from NeoGrowth within 3 days of my Loan application. That was the starting point of a new business relationship with NeoGrowth. Their flexible repayment model really helped me grow my business.”
Once he decided to raise funding, he turned to the traditional sources of Finance. Soon he found himself caught up in innumerable calls, documentation & follow-ups from multiple bank executives. Apart from documentation, it was also an extremely time consuming process. His search finally ended when he got a call from NeoGrowth. He expressed his intention to take a loan & the very next day an executive visited his shop for a 10 minute meeting. He filled the loan application form & was sanctioned a loan in 3 days flat!
“I was surprised to get Sanction Letter from NeoGrowth within 3 days of my Loan application. That was the starting point of a new business relationship with NeoGrowth. Their flexible repayment model really helped me grow my business.”
