June 16, 2020 0 comments

How To Repay Business Loan If Business Is Incurring Losses

Business requires sufficient finance to grow and there are several costs involved in running a business such as expenses towards staff, inventory, equipment, etc. Many SMEs apply for a business loan to carry out business operations smoothly. Many banks and NBFCs also provide a business loan emi calculator that uses the interest rate on loan…

May 22, 2020 1 comment

Women entrepreneurs: Major beneficiaries of Mudra scheme

Pradhan Mantri Mudra Yojana (PMMY) scheme provides loans up to 10 lakh to the non-corporate, non-farm small/micro-enterprises. Mudra loan is the best possible option to avail a loan, this scheme ensures that small businesses get refined financial support from banks, private sector banks, urban cooperative banks, regional rural banks, microfinance institutes, and non-finance companies. This…

July 26, 2019 1 comment

How to Prepare Your Organization for a Business Loan

If problems related to inadequate cash flow are keeping you away from setting up your new business, a business loan is your only remedy. Not everyone is capable of funding one’s own business, and it is absolutely okay to take refuge in business loans for starting a new business. However, getting a business loan approved…

May 22, 2018

Busting the 8 Common Myths about a Business Loan

Are you anxious about taking a business loan because you are unsure if it is the ideal funding option for your company? Are you considering the pros and cons and clinging on to few beliefs about business loan without verifying the facts? Do not fret anymore, we bring to you some of the common myths…