So, you default on business loan EMI – not the best place to be, but what steps should you take now to ensure that your monthly loan instalments are paid in time and your credit score and creditworthiness are not affected? It is not an unusual circumstance for...
Table of Contents Understand why your loan application got rejected Identify areas of immediate and long-term fix Areas you can fix immediately Areas you can fix in the long term What you can do instead So, you applied for small business loan and the bank declined...
Business loans are often sought after by small businesses and start-ups for expanding operations or for working capital expenses. While it can be hard to get a business loan sanctioned, Indian government has introduced loan schemes and policies that will help small...
Every business needs capital for expansion and smooth functioning of the enterprise. Business owners may not always have funds to invest. One of the main sources to capital is borrowing funds from the market in the form of a business loan. The main advantage of...
If you are looking for a small business loan, there are many financial institutions you can choose to get a loan from. Thanks to the efforts of the Government of India, it is easy to find and apply for an MSME loan in India. The government has made it a mission to...
Table of Contents Negotiate on the loan interest rate MSME loan interest rates in India Understand additional charges to be paid Have a business plan ready Find the right lender Be debt free Talk about collaterals Work on the negotiation plan So, you are looking for a...
Every business is dependent on funds to grow. Whether it’s for funding your next stage of growth, or to keep your business afloat during a crisis, business loans are essential. This is where collateral loans come in. Businesses can avail loans at any time of...
One of the key challenges that MSMEs in India face is shortage of funds. It adversely impacts the company’s growth and expansion plans. In such situations, MSME business loans can help fulfil the company’s aspirations. There are various kinds of loans available for...
Whether you are seeking an MSME loan for your new business or the existing one, you need to analyse your business requirements. Evaluate what your needs are and what is the investment required. There are government MSME loan schemes and bank loans than can be availed...
If the names Falguni Nayar (Nykaa), Shradha Sharma (YourStory Media), Suchi Mukherjee (Limeroad), and Vani Kola (Kalaari Capital) sounds familiar to you, then you already know that women entrepreneurship in India is on an upsurge. More and more confident women are...
While applying for any business loan, one of the key requirements is a good credit score. Along with other documents, banks and NBFCs check for the applicant’s credit score before approving the loan. Therefore, one question that every loan seeker asks is: ‘What does...
As a start-up business owner, if you have at any point approached a bank or financial institution for a startup business loan, then you already know that finding suitable financing is not always easy or quick. In recent years, India has seen a surge in the number of...
As business owner, it’s not unnatural for you to seek financial assistance and credit facility to grow your business. Banks and non-banking financial companies (NBFCs) offer different types of business loans today that makes availing finance convenient and often...
