Whenever you’re considering a business loan, it’s quite common to hear different opinions on its application & use. Everyone will have a story to narrate in relevance to funding a new startup. Though, you do not need to pay attention to all hearsays. Of course, taking a loan to start up your venture may or may not sound suitable due
Oct
Agra is the city of Architectural greatness where many small businesses have found their hold. Taking a personal loan can be extremely useful for small set-ups or budding ideas to meet working capital needs. It is quite possible to realize the costs at later times when it bundles up to a deficit. Costs spent on a business can be way more than expected. Whether it’s a small or
Jul
Small businesses are believed to be the power house of the Indian economy. However, these businesses are scared of the complex lending process through the physical centers. This can be really frustrating for the takers & providers both. Too many times, we observe how growing companies reach a saturation point when they do not how
Nov
Every business when gets started needs an initial push, this is similar to a solid business expansion. Here, equipment loans can be your all weather friend. Equipment loans can be specially used by ventures to start with a bang and procure capital for newer equipment purchase to make money. For e.g. a restaurant may need
Oct
A few things never go well together, like oil and water. Similarly, personal finances and your business funds cannot be mixed. If you keep clarity on these grounds, then it will be much easier to manage your financial worries. Although, it’s difficult to put set our article into motion. How best to bifurcate the major
Oct
The difference between a business loan and micro loan lies in the scope of the two. Any micro finance is an individualistic outlook to provide financial services to the less privileged or new business startups who do not have the capacity to approach mainstream sources. On the other hand, micro finance talks about an ecosystem or
Oct
Every new business setup requires funds to embark on a journey of hard work, financial backup, solid product ideas, adequate stock, and a team of competent professionals. And to execute every step in the business, funds are the first priority. A few business owners are mistaken to assume that bank loans are the best source
Aug
To be successful in your business venture, it is extremely important to manage your fixed and working capital. So this makes the need to source finances even more. Business Loans greatly aid the need for urgent finances and pump synergies into the business venture. Business loans can also help your expansion plans. This is not only
Aug
Under the most general cases, lending institutions provide specific personal loans for working capital, property purchases, financing home improvements, inventory stock, so on and so forth. However, if your plan is to start small, then it’s quite simple to have a personal loan approved. If you’re sure of getting revenues out of your small beginning,
Jul
To begin, small businesses typically base their operations on the investment received from reliable sources. In addition, they connect with lenders, big or small for business credit. Having said that, it’s not that easy to have a small business loan. It is difficult to have a small business loan if the credit score dips below
May
Just as difficult as it sounds a loan can be sanctioned by a bank, NBFC or an online P2P lending platform. P2P lending platforms are basically NBFCs as watched by RBI and the statutory bodies. The online lending platforms are the building blocks between investors and borrowers. Many online lending platforms entail a small charge
Apr
Business loans needed by startups are majorly aimed at their sustainability in the longer run. They help to uplift businesses with no significant history. A lot of good options for financing are now available to the entrepreneurs. One can easily explore microloans, credit cards, business grants, private sources, and crowdfunding. Features of Business Loans Business