Top 10 Most Successful Small Business Ideas to Start with Low Investment
Did you know that more than 70 percent of Indian start-ups are initiated with an initial investment of less than 5 lakhs- this is a testimony that big success does not necessarily require big capital. With the current world, most people are seeking to become entrepreneurs, and they need small business ideas which are not only profitable, but also simple to start and with [...]
How to Create a Bankable Project Report for Loans and Investments
It is not only about a great business idea to get a loan or to attract investors–but the way it is presented. A bankable project report is an in-depth document that demonstrates the financial, technical and commercial feasibility of your business. It assists banks and investors to determine possible risks and returns prior to making the decision. When you are starting a new business or [...]
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 is a government-supported program that assists entrepreneurs, MSMEs, and [...]
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 fact, a Reserve Bank of India (RBI) noted that [...]
Apply for Bank of Maharashtra Business Loan – Fast Approval, and Low Interest
Want to expand your business? Bank of Maharashtra business loan is a wise option for entrepreneurs and small business owners who want to obtain fast and cheap money. This loan is characterized by a fast approval rate, flexible repayment conditions, and low interest rates, which allows you to maintain working capital, increase the scope of your business, or invest in a new business without [...]
Bank of Baroda Business Loan: Best Loan Options for SMEs and Startups
Beginning or expanding a business is exciting- and requires the appropriate financing. The Bank of Baroda business loan can assist you there. Bank of Baroda has more than 132 million customers and it has a wide network in India making it one of the most trusted public sector banks. It does not matter whether you are an SME owner or a startup founder; the [...]