How to Apply for a Loan Against Inventory – A Step-by-Step Guide
Did you know that almost 65% of the small and medium businesses in India have problems with the working capital because of the stock holding? The inventory in your warehouse can literally open up instant cash via loan against inventory. This kind of loan allows you to use the current inventory as collateral to borrow […]
CGTMSE Loan: How to Get Collateral-Free Business Loans in India
Did you realise that since its introduction more than 45 lakh small businesses in India have been beneficiaries of the CGTMSE Loan Scheme? To most entrepreneurs, it seems almost impossible to access a business loan without collateral, and that is where the Credit Guarantee Fund Trust for micro and small enterprises (CGTMSE) comes in. It […]
How to Apply for ICICI Business Loan – Step-by-Step Guide
One of the initial steps to expand your business is to get the appropriate funding. The ICICI business loan is a convenient, flexible and quick way to borrow money with ease by small businesses, entrepreneurs, and startups. ICICI Bank has helped more than 1 million small enterprises in India, which includes unsecured loans with very […]
Sri Vajpayee Bankable Yojana, Gujarat: Benefits, Eligibility & Application Process
Seeking funds to open or grow your small enterprise in Gujarat? Vajpayee Bankable Yojana may be the solution. This scheme that is supported by the government is to ensure that unemployed youths and entrepreneurs in the economically weaker groups receive bank loans easily. This scheme will provide you with financial assistance in terms of lucrative […]
How to Create a Projected Balance Sheet for Business Planning and Loans
A projected balance sheet is one of the most important financial statements that you will require when seeking a business loan or constructing a good business plan. It provides the anticipated assets, liabilities, and equity of your firm- which will give the lenders a clear picture of your future financial status. As a matter of […]
Best Format for Project Report for Bank Loan Application
A project report for bank loan is one of the most important documents you will require in case you need a bank loan to start a business. It assists the banks in knowing your business model, the financial plan and the repayment capacity. However, getting one ready may seem daunting, particularly when you do not […]
How to Create a Bank-Approved Project Report with Finline
Did you know that almost 60 percent of small firms in India fail to get loans in banks because the project reports are incomplete or improperly prepared? Bank approved project report is not only paperwork, it is the key to the funds your business is in need of. In the current competitive world, banks require […]