Loan Syndication Services for Business Loans
Loan Syndication Services generally involves two or more banks, which work collectively to provide credit to a large borrower. Loan syndication happens when a single borrower demands a large loan ($1 million or more) that a single lender may be incapable to provide. When the loan is outside the range of the lender’s risk [...]
What is a Microloan?
Microloans are short-term, lower-dollar-amount loans. It is available to self-employed people, new businesses, microenterprises, small firms, and private individuals with little or no capital. A sort of tiny loan known as a microloan is given to microbusiness owners or low-income households who have little to no access to banks or other lending organisations. Through [...]
Stand-Up India scheme
Stand-Up India scheme focuses on empowering the minorities, such as scheduled castes, scheduled tribes, and women. The scheme was introduced by the Department of Financial Services (DFS), Ministry of Finance, Government of India. The scheme is to facilitate bank loans between Rs.10 lakh and Rs. 1 Crore. They aim to help at least one [...]
How Does Financial Accounting Help Business Management?
Accounting is necessary for small business owners as it helps the owners, managers, investors, and other stakeholders in the business judge the performance of the business. Even the smallest business has more accounting data. Financial accounting helps business management by recording, summarizing, and reporting the stream of transactions and economic activity resulting from business [...]
KESRU – Kerala Self Employment Scheme
KESRU (Kerala Self Employment Scheme for the Registered Unemployed) 1999 is one of the self-employment programmes of Kerala State under the National Employment Service. Department of Employment handles the schemes through the 14 District Employment Exchanges. This scheme had two components unemployment assistance and self-employment assistance introduced in 1982. The employment exchanges activated the [...]
How to Raise Money for Business as a Women Entrepreneur
Being an entrepreneur is hard when you are a woman trying to make a brand in a male-dominated area. Currently, men comprise 86 % of Indian entrepreneurship and the challenges manifold as there are bigger mountains to climb. Confidence is one of the most important traits that every woman entrepreneur must possess. If you [...]