What are PSB Loans in 59 minutes?
The Government of India launched a quick business loan portal for individuals who wish to extend their existing business. Under this scheme, MSMEs can get loan amounts from Rs. 1 Lakh to Rs. 5 Crore in less than 59 minutes [...]
Aatmanirbhar Bharath Abhiyan
In his fifth address to the nation, Prime Minister Narendra Modi launched Atma-Nirbhar Bharat Abhiyan(ABA). The objective of this ‘Self-Reliant India Mission’ is to bring a special economic package that will offer relief measures across all the sectors in [...]
From Idea to Report: The Journey of a New Business Project
Embarking on a new business venture is an exhilarating journey that begins with a spark of an idea and culminates in the creation of a compelling project report. This document is not just a formality; it's the roadmap that navigates [...]
What is Unsecured Business Loan?
Unsecured business loans are an excellent funding opportunity for businesses that don’t own many assets. This loan doesn’t require collateral security to submit to the bank or NBFC. A secured loan uses assets as security, which means if things [...]
Different Types of Loans Available in India
In a diverse country like India, the financial needs and desires of each person are different. Each of them has various goals and desires. Whether, it's owning a home, pursuing higher education or even driving a new shiny car, a [...]
Loan for MSMEs in Himanchal Pradesh
Himachal Pradesh is a state in northern India known for its scenic beauty and diverse industries. The state has a significant number of Micro, Small and Medium Enterprises (MSMEs) that contribute to its economic growth. To support the growth [...]
Importance of Business Forecasting for Business Growth and Success
A forecast can play a major role in driving a company's success or failure. But how do you figure out the best time to invest in growth? Should you strive to anticipate market trends? For that, you need to [...]
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 [...]
Puducherry Startup Fund
Start-ups have grown in popularity in Puducherry over the past ten years (Pondicherry). A vibrant group of people, including employees and college students, have stepped forward to launch their start-ups. In Puducherry, start-ups have generated a lot of job [...]
Chief Minister Employment Generation Programme, CMEGP
Karnataka launched the Chief Ministers Self-Employment Generation Programme (CMEGP) to establish micro-enterprises in rural parts of the state. CMEGP - Govt of Karnataka, promotes self-employment among aspiring rural entrepreneurs by investing capital up to INR 10 lakhs through the [...]
MSME Loan schemes available in Rajasthan
Small and Medium Enterprises (SMEs) play a vital role in the economic development of Rajasthan. With the growth of the MSME sector, there has been a significant increase in the demand for financial assistance. To cater to this need, [...]
Factors affecting CIBIL score
The following are the main factors affecting the CIBIL score: Repayment History This is a main factor that directly affects your CIBIL score. Every time a person avails credit or a loan, the lender is bound by duty [...]
MSME loan schemes available in West Bengal
West Bengal is known for its diverse industries and the government offers various loan schemes to support the growth of MSMEs in the state. These loan schemes aim to provide financial assistance to entrepreneurs, promote innovation, create employment opportunities, [...]
How to Raise Money for Business as a Women Entrepreneur
Being an entrepreneur is hard when you are a woman trying to make a brand in a male-dominated area. Currently, men comprise 86 % of Indian entrepreneurship and the challenges manifold as there are bigger mountains to climb. Confidence [...]
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. Also, these are free of collateral. Its [...]
How to Measure Small Business Performance?
As an entrepreneur, we know how crucial it is to identify what functions well in your company and what doesn't. The only thing you can count on in business is that things will change constantly. So that you can [...]
MSME Loan schemes available in Punjab
Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, providing employment opportunities to millions of people. Punjab, one of the most prosperous states in India, has a vibrant MSME sector that contributes significantly to the state's [...]
MSME Loan Schemes Available in Kerala
Kerala is one of the most progressive states in India, and its government has always been at the forefront of promoting entrepreneurship and supporting MSMEs. To help entrepreneurs start and grow their businesses, the state government has launched several [...]
What is Current Ratio?
The current ratio is a liquidity ratio that calculates a company's ability to meet its short-term debt and obligations, or those due in a single year, using balance-sheet assets. The working capital ratio is another name for it. Investors [...]
Business Loan for Grocery Stores – Eligibility & Documents Required
Did you know that 90% of India's retail sector is unorganised and consists of small grocery/kirana stores. As per the latest survey, there are around 12 million grocery stores across India. Most of these shops face regular cash flow [...]
Which are the Best Low Investment Business Ideas?
Not all the business require huge capital to start with. Putting your business ideas into reality and making them happen is the hard side. Entrepreneurs struggle to find investments and ideas to kick start their business. Governments encourage individuals [...]
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 [...]
Project Report Format for Bank Loan
If you need a bank loan to start your dream business, a project report is a necessary document. Struggling to make one? Don't know the format for the project report? Don't worry, you are at the right place! In [...]
Mukhyamantri Rojgar Srijan Yojana Loan Scheme, (Jharkhand) 2021
The Government of Jharkhand has recently launched the Chief Minister Employment Generation Scheme. Under this scheme, the Government of Jharkhand will provide financial assistance to its people. Through this scheme, Unemployed youth of the state can take loans without [...]
Chief Minister’s Rojgar Yojana (CMRY), Goa
The State Government of Goa has started the Chief Minister's Rojgar Yojana (CMRY). Collaboration with the Economic Development Corporation of Goa for unemployed youth. Under this scheme, with the help of government loans, other backward class people, scheduled castes, [...]