MSME Loan schemes available in Odisha
MSMEs (Micro, Small and Medium Enterprises) play a crucial role in the growth and development of the Indian economy. However, the growth of MSMEs is often hindered by a lack of access to finance. To overcome this challenge, the [...]
SBI Business Loan
Any person aspiring to start a business or any individual who wants to expand their business requires funds. Individuals and entrepreneurs take loans at a previously agreed rate of interest. SBI offers loans to self-employed businessmen for financing the [...]
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, [...]
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 [...]
What is MSME Loan?
Entrepreneurs and owners of businesses can apply for MSME Loans, commonly referred to as Micro, Small, and Medium Enterprise Loans. This sort of loan gives you access to operating capital that you may use for a range of things, [...]
UDYAM REGISTRATION
What is Udyam Registration? Udyam Registration is a government registration procedure launched by the Ministry of Micro, Small and Medium Enterprises (MoMSME) to classify and identify MSMEs in India. It is an improvement over the older Udyog Aadhaar system [...]
MUDRA loan Scheme
Micro Units Development & Refinance Agency (MUDRA) Limited is an institution set up by the Government of India for development and refinancing activities relating to micro units. The Hon'ble Finance Minister announced MUDRA in the 2016 Budget. Under MUDRA, [...]
Business Loan EMI Calculation
Business loans are loans that companies avail themselves of with a specific interest and repayment period to meet the growing business requirement. Business loans help to fund the business to expand existing business, production, buy new machinery, etc. Funding [...]
Startup Business Loan
Many entrepreneurs with great business ideas are unable to start their businesses due to a lack of funds. Money at the right time is one main factor that decides the start and the future of a business. However, when [...]
How to write a Business Plan?
If you are one of the many people thinking about starting a small business. Then having a business plan is one of the first things you should have on your list of things to do. It does not matter [...]
5 BEST SMALL INVESTMENT BUSINESS IDEAS IN INDIA
The following are the 5 best small investment business ideas: Travel Agency It means an agency engaged in selling and arranging transportation, accommodations, tours, and trips for travellers. In addition to booking reservations, they assist customers in choosing their [...]
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 [...]
Project Report for Agarbatti sticks
Introduction Imagine stepping into a business that’s not only steped in tradition but also thriving in today’s market. This project report for Agarbatti - sticks provides a comprehensive guide to tap into the promising market, offering insights into production, [...]
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 [...]
MSME Loan schemes available in Meghalaya
Small and Medium Enterprises (SMEs) play a crucial role in any economy, and India is no exception. The sector contributes significantly to the country's GDP, provides employment opportunities, and supports the growth of other industries. However, despite the potential [...]
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 [...]
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 [...]
5 Important Elements for Every Sales Proposal
A sales proposal is sometimes a mere formality—the customer has already made up his or her mind about whether he or she is going to buy. At other times, a sales proposal makes all the difference. All decision-makers and [...]
Working Capital Loan
Working Capital Loan is a type of short-term loan availed by firms for their daily operational expenses. They support the businesses to become more focused on their growth and generate capital. These loans in India have become popular among [...]
Bihar Udyami Yojana: Online Apply, Registration, Documents, Eligibility and More
Mukhyamantri Bihar Udyami Yojana was a state government scheme that the Bihar government launched in 2018. It was a plan of training and financial assistance to all the state residents who had a desire to open their own business. [...]
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 [...]
What is Mukhyamantri Yuva Udyami Loan? Eligibility, Benefits & Application Guide
When you want to start off your own business, it can be a big move, more so when there is little money involved. The government has introduced the Mukhyamantri Yuva Udyami Loan scheme to provide financial support to young [...]
Business Loans for Manufacturers in India
India is the fifth largest manufacturing country. This sector has been growing at an average of 7%-8% annually. As a developing country, there is a huge opportunity for manufacturers to use the increasing demand, both locally as well as [...]
PNB Business Loan
Punjab National Bank (PNB), provides business loans to startups, entrepreneurs, as well as self-employed professionals. They intend to support the business capital requirements or to expand business operations. The business loan interest rate given by PNB depends on the [...]
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, [...]