Chief Minister’s Rojgar Yojana (CMRY), Goa
The Chief Minister's Rojgar Yojana (CMRY) has been started by the State Government of Goa. Collaboration with the Economic Development Corporation of Goa for unemployed youth. Under this scheme, with the help of government loans, other backward class people, [...]
Chief Minister’s Startup Scheme(CMSS) Sikkim
The Government approved the Chief Minister's Startup Scheme Sikkim(CMSS) on August 15, 2017, to encourage local unemployed youth. College graduates establish new entrepreneurial projects and self-employment possibilities in rural and urban areas of Sikkim. The Sikkim startup India scheme [...]
CIBIL SCORE AND ITS CALCULATION
What is CIBIL Score? A CIBIL score is a 3-digit number that assesses your creditworthiness. It has a range from 300-900 and is calculated by the TransUnion CIBIL credit bureau after taking into consideration several factors. The best CIBIL [...]
Cibil score for bank loan
TransUnion CIBIL is a premier credit rating agency among the top four agencies in India. CIBIL has affiliations with almost every other bank in India, estimating the creditworthiness of millions of enterprises and individuals. A great CIBIL score denotes that [...]
Citibank Business Loans
Citibank Business loan offers you business loans for efficient working capital management. CitiBusiness services provide financing solutions to micro-to-small enterprises. Various MSME Loan Products such as Working Capital Loans, Overdrafts, Short and Long Term Loans, Import and Export Finance are [...]
Debt Financing
Debt financing for startups means getting the borrowed funds. When a startup borrows money from outside at interest, it is called finance through debts. There are options for raising finance namely either through debt or equity or through a [...]
Debt Service Coverage Ratio DSCR
Debt Service Coverage Ratios help evaluate whether a company is secure, solvent, and healthy enough to pay its liabilities. The Debt Service Coverage Ratio(DSCR), also known as Debt Coverage Ratio(DCR). It is the ratio of cash available for debt [...]
Deen Dayal Upadhyaya Swavalamban Yojana Startup Loan Scheme
Deen Dayal Upadhyaya Swavalamban Yojana (DDUSY) is an Arunachal Pradesh Government start-up loan scheme. This scheme focuses on providing start-up loans with some financial support in the form of subsidies. Also, the key vision behind this scheme is to [...]
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUTING
Book keeping Book keeping Means the recording of financial transactions, and is part of the process of accounting in business and other organizations. Transactions include purchases, sales, receipts and payments. Advantages of Book keeping Better Tax Prediction. Faster Business [...]
Documents Required for Business Loan
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. With all the necessary documents [...]
DOCUMENTS REQUIRES FOR GST REGISTRATION
Goods and Services Tax is an indirect tax used in India on the supply of goods and services. It is a destination-based tax and comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. [...]
E-COMMERCE AND ONDC IN INDIA
What is ONDC ( Open Network for Digital Commerce )? ONDC is a government initiative to promote open networks for all aspects of the exchange of goods and services over digital networks. ONDC seeks to achieve something similar for [...]
Equipment Finance Scheme For Existing Clients – TIIC
The TIIC launches a scheme for the Equipment Finance Scheme For Existing Clients. They head towards the aim of helping the startups and already existing users in any of the schemes. Also get funding for equipment is a financial instrument. That [...]
Factors affecting CIBIL score
Repayment History Every time a person avails credit or a loan, the lender is bound by duty to report the same to the CIBIL. The bank takes note of whether an individual repays their debts on time. If [...]
Finline’s Journey With The First Investor – 100X.VC
During this pandemic time, many of my friends who were from the startup community were so doubtful about getting fundings and approaching the right investor. I am writing this article to those who are looking for their first check. [...]
FSSAI – Registration/License
FSSAI stands for Food Safety and Standards Authority of India which is an organization that monitors and governs the food business in India. It is an autonomous body that is established under the Ministry of Health & Family Welfare, [...]
General Scheme For New & Existing Entrepreneurs – Tamilnadu
TIIC designs to help entrepreneurs who come forward to set up fishing net manufacturing units in the region. Therefore, General Scheme For New & Existing Entrepreneurs Tamilnadu aims to provide all small, medium, large-scale companies to get full financial [...]
HDFC Bank Business Loan
HDFC Bank promotes business loans to develop your own business anywhere in India, be it large-scale ventures or small-scale firms. These schemes are made for people requiring funds to operate the business. HDFC Business loans are free of collateral. [...]
HDFC Bank Business Loan
HDFC Bank Business loan helps offers business loans to help you develop your own business anywhere in India, be it large-scale ventures or small-scale firms. Funds are the lifeline of every business. From running day-to-day operations, paying employees, miscellaneous expenses, buying [...]
How can I Apply MUDRA Loan?
Applicants can apply Mudra loan online and offline as per theie convenience. MUDRA, Micro Units Development & Refinance Agency loans are offered up to ₹ 10 Lakh to micro, small, medium enterprises. The loan is applicable for a repayment [...]
How do I write a Project Proposal?
If you want to get the money from the bank for accomplishing your business requirements, the first step towards getting the loan is writing a project proposal for a bank loan. When you plan a project proposal to get [...]
How Does Financial Accounting Help Business Management?
Accounting is necessary for small business owners as it helps the owners, managers, investors, and other stakeholders in the business judge the performance of the business. Even the smallest business has more accounting data. Financial accounting help business management [...]
HOW TO APPLY FOR BUSINESS LOAN IN INDIA
What is the main criteria for applying business loan? Age Limit: The applicant should be minimum 21 years and maximum 65 years. Income: Business should be profit making at least for the past 2 years. Turnover: ₹150,000 p.a. should [...]
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, while getting [...]
How to get a business loan?
Business loan is sanctioned to start a new business, expand an existing business purchase of asset etc. Most of the entrepreneurs don’t know on how to apply for a bank loan or what are the procedures. Here we are explaining the [...]