Here’s Where You can Find Free Export Import Data of Shipping for International Trade Business?

Trading has proven to be lucrative in the current Indian scenario. However, you cannot have a successful import/export trading business without a solid customer base. So, if you want to set up your own trading entity, you need a strong database of information first. This shall help you lay out the background. The basic queries for your international trading business are: How to start an … Continue reading Here’s Where You can Find Free Export Import Data of Shipping for International Trade Business?

Already Have an Education Loan? Here’s a View on your Business Loan Applicability

The answer is probably NO. Business loan requires eligibility, and some of the common eligibility conditions are: – Your business needs to have a minimum vintage of at least 3 years. If the same condition is not fulfilled, availing a business loan can be extremely difficult. And, based on your question, I doubt if your business even has one year of business vintage. If my … Continue reading Already Have an Education Loan? Here’s a View on your Business Loan Applicability

How can I Improve my Credit Score for Business Loan

Wondering how to improve credit score India before applying for a business loan? You should first get some knowledge about credit scores and how they are calculated. There are various effective methods to improve credit score for business loan. These include the following: Use your credit card wisely. Clean the credit card, clearing all accumulated dues and interest and pay your dues in a timely … Continue reading How can I Improve my Credit Score for Business Loan

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?