Documents Required for Business Loan
An entity may construct or expand a business unit using a loan. You can use the obtained cash for general company expenses such as purchasing machinery for plants, hiring personnel, renting office space, paying off the mortgage, and more. Thankfully, obtaining a business loan is simple. You can get the money in a few [...]
Mudra Loan Interest Rate
The Government of India has introduced the Mudra loan intending to promote affordable business and entrepreneurship loans. The full form of Mudra is Micro Units Development and Refinance Agency Loans which are provided to small enterprises and non-farm agencies, trading, and manufacturing. The interest rates of MUDRA loans may vary from bank to bank. [...]
How to get Startup Business Loan in India?
A startup business loan in India is meant to support the financial hurdles of a new business. Startups and micro industries require funding to grow and manage the business. As a result, the business will thrive in the market. At the initial stage startups don’t have access to the funds in the market. Therefore [...]
Which are the Best Low Investment Business Ideas?
Not all the business require huge capital to start with. Putting your business ideas into reality and making them happen is the hard side. Entrepreneurs struggle to find investments and ideas to kick start their business. Governments encourage individuals to start businesses. As well as they introduced several startup schemes to support the entrepreneurs [...]
How can I Apply MUDRA Loan?
Applicants can apply for Mudra loans online and offline at their convenience. MUDRA, Micro Units Development & Refinance Agency loans are offered up to ₹ 10 Lakh to micro, small, and medium enterprises. The loan is applicable for a repayment period of a maximum of 5 years without submitting any security as collateral. Public [...]
Business Loan EMI Calculation
Business loans are loans that companies avail themselves of with a specific interest and repayment period to meet the growing business requirement. Business loans help to fund the business to expand existing business, production, buy new machinery, etc. Funding the business at the correct time is a booster for any business to ensure smooth [...]