Loans Schemes Launched by the Government of India for Business Owners

The PM of India has launched his PMMY which encompasses the MUDRA loan scheme. Done through the combined effort of SIDBI and CGTMSE, these loans are meant for non-agriculture and non-corporate micro and small business setups. While the maximum cap on MUDRA loans is Rs. 10 Lakh, CGTMSE also has scheme offering unsecured loans going up to Rs. 1 Crore. There are numerous government loan … Continue reading Loans Schemes Launched by the Government of India for Business Owners

Net Working Capital: Here’s Anything and Everything About It

Working capital (WC) is the total amount invested in a business to meet its daily operational requirements. It comprises a company’s current assets and liabilities and stands as an accurate measure of its liquidity. The optimum utilisation of WC or net working capital strengthens a business’s financial position and can be measured through the working capital ratio. It is the ratio of current assets to … Continue reading Net Working Capital: Here’s Anything and Everything About It

Two Best Funding Options: Business Loan and Line of Credit

If you are looking for financing options, both business loans and lines of credit can be beneficial depending on the circumstances. In case of a business loan, you obtain a lump sum which you are required to repay within a pre-set tenor with fixed monthly pay-outs.  Obtaining a line of credit provides you with revolving access to funds which can withdraw and repay within a … Continue reading Two Best Funding Options: Business Loan and Line of Credit

An Introduction to Entrepreneurial Finance

Entrepreneurial finance is a process with which you can manage your working capital. It also helps in analysing the availability of funds, avail start up business loans and take financial decisions depending on reports and analysis. The factors to keep in mind while involving such a process are examining requirements, existing advances, managing working capital, and analysing the sources of finance.  The several sources of … Continue reading An Introduction to Entrepreneurial Finance

6 Great Start-Up Funding Options Appropriate for Your Start-Up Business

The funding in the start-up sector of India has massively increased in the past few years. The main reasons behind this growth are the introduction of various schemes to promote new enterprises in the market and the availability of funding from multiple sources. Introduction of GST has also made the market conditions more favourable for aspiring entrepreneurs.    The most popular way to raise working capital … Continue reading 6 Great Start-Up Funding Options Appropriate for Your Start-Up Business

Get your SME Loan Request Approved Following These Essential Tips

Securing an SME loan has become a popular trend among small and medium-sized enterprises. A growth of 14.8% in availing this loan for the financial year 2017-18 is a strong indicator of the popularity this business loan has gained. Primarily, it is because enterprises can meet multiple funding requirements to run the business as well as to attain their long and short term business goals. … Continue reading Get your SME Loan Request Approved Following These Essential Tips

How to Use Engineer Loan for Your Benefit in India?

The engineering profession in India has been trying hard to rise back to where it is today since the last decade. Many engineering start-ups, despite having great ideas have not been able to scale up due to lack of financial resources. On the contrary, many progressive organizations opt to fund the business finance requirements with a business loan for engineers. Here are a few ways … Continue reading How to Use Engineer Loan for Your Benefit in India?

Interest Rates that Suits the Stature of Small Businesses

Keeping track and effectively managing cash in an enterprise is considered, an essential part of any big or small business. There could be various reasons for a company to suffer from a shortage of financial capital; sluggish nature & inappropriate layout for the business are all after-effects of the build-up. To evade the crisis, organizations rely on loans for business finance without understanding the return … Continue reading Interest Rates that Suits the Stature of Small Businesses