Supply Chain Finance (SCF)
Supply chain finance (SCF) is a form of finance in which suppliers can receive payment on their invoices in advance. Supply chain finance enables both buyers and suppliers to optimize their working capital. It reduces the risk of supply chain disruption. It’s also known as reverse factoring. Unlike other finance techniques, the buyer sets [...]
Types of Working Capital Loan
There are different types of working capital financing available in the Indian market. As a result, applicants can choose from Cash credit/Bank overdraft, trade credit, bank guarantee, invoice factoring, and letter of credit. Inadequate working capital can also result in non-payment of certain dues on time. Improper type of funding would cause loss of [...]
Working Capital Loan
Working Capital Loan is a type of short-term loan availed by firms for their daily operational expenses. They support the businesses to become more focused on their growth and generate capital. These loans in India have become popular among business owners to deal with their financial needs. These loans are not used for buying [...]
Mudra Loan: Who can avail? Eligiblity?
Any individual running non-corporate non-farming business activities can apply for a MUDRA loan under the Pradhan Mantri Mudra Yojana Scheme. The following are the Mudra Loan Eligibility criteria: Applicants should have an age limit of 18 years and a maximum of 65 years. Individuals, startup firms, business owners, entrepreneurs, SMEs, and MSMEs are eligible. Traders, [...]
Startup Business Loan
Many entrepreneurs with great business ideas are unable to start their businesses due to a lack of funds. Money at the right time is one main factor that decides the start and the future of a business. However, when new entrepreneurs start, they discover that money becomes the major hurdle. The universal solution to [...]
Business Loan Eligibility
Bank provides business loans to a wide variety of small, medium, and large enterprises, and professionals. Also, provide top-up facilities for existing business loan customers who may require more credit at a later period. To meet the business loan eligibility is the key to getting a business loan. Business loan eligibility comprises basic conditions [...]