Category : Business Loan
Banks and NBFCs use a commercial credit information report to check whether a particular firm is eligible for a business loan or credit. It has all business-related information regarding past loans, current credit obligations, credit usage ratio, and the number of inquiries made.
Category : CIBIL Score
Commercial loans which include business loans, are emerging as a significant economic growth driver in India. A business loan in India can be useful for funding your ideas, expanding your office space, hiring people etc.
Category : Business Loan
Entrepreneurship is a dream for many who want to get into business, have a risk appetite and want to grow their existing business set-up. As an entrepreneur, you need to ensure sufficient funds to keep the business cycle moving.
Category : Business Loan
On 13th May 2020, the Ministry of Micro, Small, and Medium Enterprises (MSME) announced the Atmanirbhar Bharat package for MSMEs where it revised the definition of MSMEs and added a new MSME classification.
Category : Business Loan
Building a business is not easy. Those who venture into this realm know that it is a matter of lots of trial and error that eventually leads to the perfect recipe for success. Also, you have to constantly keep reinventing the wheel and modifying your direction.
Category : Financial Insights
A quick and easy method of calculating the interest charged on a loan is called Simple Interest. It is determined by multiplying the interest rate by the principal amount, by the number of periods(days/months/years) that have elapsed between the payments.
Category : Business Loan
MSME Loans are also called Micro, Small & Medium Enterprise Loans. These are those types of loans which one may avail if they own a business or is an entrepreneur.
Category : Business Loan
In 2020, under the Atma Nirbhar Bharat Package, a new revised MSME definition was announced with the aim of bringing more enterprises under the new scheme.
Category : Personal Loan
A Personal Loan is a type of loan that a customer can avail to meet their ad-hoc requirements. The loan typically can be taken in scenarios of – buying some product, weddings, purchasing furnishings, medical expenses, etc.
Category : Financial Insights
How to improve credit score in 30 days in India – is one of the most important question comes to many people’s mind when it comes to credit score.
Category : Personal Loan
An individual’s personal credit score and business credit score are two separate aspects. On the surface, however, both scores have only one difference.
Category : Personal Loan
Personal Loan come in very handy when there is a financial emergency. With new-age lenders, the loan application, as well as the approval process, is fast.