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

Here is How Business Loan EMI Calculator Works

One often requires business loans to boost cash flow and working capital. So, if a borrower already knows the payment every month every before applying for the advance, it will help him/her to take apt financial decisions. A business loan EMI calculator is an easy-to-operate tool that helps you achieve that. It calculates both the interest rate and the payable EMIs on your loan amount. … Continue reading Here is How Business Loan EMI Calculator Works

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

Differences Between Term Loan and Working Capital Loan

Easy availability of finances to meet long or short term funding requirements of a business is essential for business growth and development. Among the multiple sources of finances, companies thus resort to availing loans and advances from the lending market in the form of business loans. Two such loans that business owners often resort to are term loan and advances for working capital. While both … Continue reading Differences Between Term Loan and Working Capital Loan

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

How to Setting Up a New MSME Unit

Complementing the growing popularity of SME and MSME sector, adequate financing is being provided to boost its growth. While these sectors continue to contribute substantially to India’s GDP, more and more entrepreneurs are leaning towards starting their business venture in the same. The ease of availability of MSME loan and a hefty amount provided by these credits makes them an efficient financial solution for such … Continue reading How to Setting Up a New MSME Unit

Tips and Tricks to Improve your Business Loan Eligibility

Starting with a new business takes a lot of time, patience and the right kind of investment. Having a business of one’s own isn’t an easy task. The entire concept business lies in the fact that there is an amount which is invested through certain products or activities. An investment is done in a manner that there is a financial gain which ultimately lets the … Continue reading Tips and Tricks to Improve your Business Loan Eligibility

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

Three Key Factors to Keep in Mind about a CA Business Loan

As a Chartered Accountant, you may want to open a business firm of your own instead of being employed under someone. But amassing funds for your startup can be of immense travail. In such a crisis, a CA loan can help you out. Below are three factors you should consider for a CA business loan application.  Business Goals To apply for startup business loans, one … Continue reading Three Key Factors to Keep in Mind about a CA Business Loan

Essential Tips On Engineer Loan

Getting an engineer loan is not a problem now that there are so many financial institutions offering loans. Personal finance for engineers falls under the professional loan category.  So let’s talk about the importance and the eligibility criteria of such a loan. Engineer loans help one to expand their business. It is very much needed to spread the wings of your organisation to make it … Continue reading Essential Tips On Engineer Loan