Finline: Your Fastest Path to Bank-Approved Project Reports
When you have intentions to take a loan to start your own business, the first thing that will automatically cross your mind is, how do I convince the bank that my business is worth a loan? Well, the answer is project report for loan. A well prepared project report is not merely a formal provision, […]
What is Pavala Vaddi MSME Scheme Andhra?
The Andhra Pradesh government (Ministry of Finance) launched the Pavala Vaddi MSME scheme. Aiming to provide interest subsidies on bank loans earned by self-help groups in the state. The scheme aims to lower the cost of starting new micro and small businesses in the state, particularly food processing businesses. This scheme covers all loans made […]
How to Write a Business Plan in the Easiest Way Possible
Many people want to start a business. But most of them get stuck on one thing. They don’t know how to write business plan. The term itself sounds scary. But honestly, a business plan is just a simple guide. It tells you what your business is, why it exists, and how you will run it. […]
Startup Punjab Scheme– A Complete Guide to Launching Your Business in the State
Did you know that there is a 30 percent increase in the registered start-up in Punjab in the last three years? This tremendous increase can be attributed to targeted programs such as the Startup Punjab scheme which is a government-initiated project to promote entrepreneurship, innovation, and employment in the state. Be it a first-time entrepreneur […]
What is CMA Report for Bank Loan? Step-by-Step Overview
What is CMA report and why it is important? In India, it has been seen that almost 70% of business loan rejections occur because of missing or inadequate financial documents. The CMA Report is one of the most important documents that banks would require when a person is applying to borrow a loan. When you […]
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 […]
PMEGP Loan Process Step by Step: How to Apply and Get Approved
Considering starting a business of your own but afraid of financing? The answer could be the PMEGP loan. The Prime Minister Employment Generation Programme (PMEGP) is an initiative of the Government of India which provides financial support and subsidies to first-time entrepreneurs to convert their ideas into reality. This blog will take you through the […]
NBFC DSA Registration in India: Eligibility, Documents & Process
Confusing how to become a Direct Selling Agent (DSA) of loans in India? NBFC DSA registration will help you to enter a highly rewarding career in financial services. By registering with NBFC DSA online, individuals and small business owners have an opportunity to collaborate with Non-Banking Financial Companies (NBFCs) to get loan leads and make […]
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 […]