Mukhyamantri Swavalamban Yojana, H.P
There is a lack of sufficient jobs in all of the industries, irrespective of the government or private sector. This is why there is a great need to encourage self-employment. Taking a step, the state government of Himachal Pradesh has announced a new scheme for the youth of the state. This project will not [...]
Bihar Udyami Yojana
The Government of Bihar launched a new scheme named Udyami Yojana Bihar for the welfare of educated youth in the state. As a result, those educated yet unemployed young people who come from the SC/ST community will benefit from Udyamai Yojana. As a result of this scheme, Bihar's youths will be provided with better [...]
What is Term Loan: Types, Eligibility, Documents
Term loans are loans that are of a fixed amount distributed by the banks or NBFC to entrepreneurs. At the same time, entrepreneurs can use it for capital expenditure and expansion of business with fixed and floating rates of interest. It is a good way of quickly increasing capital with minimal risk involved. Flexibility [...]
How to get a Startup Loan in India?
When hearing about a startup loan, we feel it is so simple. Owning and operating your very own business can be a dream come true venture for most individuals who get involved in such an ordeal. However, when getting started, money turns out to be the major hurdle for every new entrepreneur. The universal [...]
What is a Profit & Loss Statement?
A profit and loss statement simply known as a P & L account or income statement is one among the financial statements which provide the company’s revenue, expenses, profit & loss over some time. The P&L statement will help the investors and creditors to determine the past performance of the company. With the help [...]
Debt Service Coverage Ratio DSCR
What is the debt service coverage ratio? In simple words, the Debt Service Coverage Ratio (DSCR) is a measure of whether a property generates enough income to cover its debt payments. The sum of money needed to cover both the interest and principal on a mortgage or other debt for a predetermined period of [...]