Pradhan Mantri Mudra Loan Eligibility Criteria
Loans for Non-corporate, non-farm small / micro enterprises MUDRA (Micro Units Development and Refinance Agency) Loan is a main program under the Pradhan Mantri Mudra Yojana (PMMY) by the Government of India to assist micro and small enterprises. [...]
Role of Project Report in Bank Loan Approval
Information from different aspects like technical, financial, economic, production, and managerial are important for any business. They play a significant role in the business phases of startup, growth, and expansion. What is a Project Report? A written document associated [...]
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 [...]
How to Create a Bank-Approved Project Report with Finline
Did you know that almost 60 percent of small firms in India fail to get loans in banks because the project reports are incomplete or improperly prepared? Bank approved project report is not only paperwork, it is the key [...]
Why do you really need a Project Report?
The world has changed a lot since the idea of a project report was formalized decades ago. Things move much faster now and it’s easier than ever to get a business started. So, it’s rational to think that startups [...]
What is CMA Report for Bank Loan? Step-by-Step Overview
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 [...]
Project Report for Stitching Unit
Imagine a business that blends creativity, precision, and profitability, catering to a market that thrives on personalization and quality. Welcome to the stitching and tailoring unit—a versatile, high-demand enterprise that combines art and entrepreneurship. This project report for stitching unit [...]
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 [...]
Top 5 Government Loan Schemes for Small Businesses
Approximately 40 million Micro Small and Medium Enterprises (MSMEs), both registered and unregistered, exist in India. The government provide some loan schemes to assist small and medium enterprises. These loans primarily aim to assist the less fortunate and middle-class [...]
Government Business Loans for Unemployed Entrepreneurs
As per the latest survey, more than 100 crore people in India are unemployed. This is one of the biggest concerns for a developing country like India. There are not enough job opportunities even for the educated youth of [...]
What is a Profit & Loss Statement?
A profit and loss statement simply known as a P & L account or income statement is one among the financial statements which provide the company’s revenue, expenses, profit & loss over some time. The P&L statement will help [...]
MSME Loans available in Andhra Pradesh
Andhra Pradesh is one of the leading states in India in terms of the growth of the MSME sector. To encourage this growth further, the Andhra Pradesh government has introduced various loan schemes to provide financial assistance to entrepreneurs [...]
Swami Vivekananda Assam Youth Empowerment
The government of Assam launched Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana in the year 2017. Under the SVAYEM scheme, the government provides monetary support to Assam's young people to take up revenue activities in the trade, manufacturing, and [...]
Top 15 Small Business Ideas with Low Investment in India
Searching for small business ideas with low investment in India? You are not the only one! In these times, most individuals are opting out of the 9-to-5 lifestyle and beginning something new. And the most terrific thing? It does [...]
How to Prepare a Mudra Loan Project Report Step-by-Step
Want to open a business using Mudra loan? The first and most important step is to develop a well-structured project report for mudra loan. This mudra loan project report will inform the bank all it wants to know about [...]
Government Loan Schemes for Youth: Mudra, PMEGP, CMEGP Explained
Being a young entrepreneur in India may be an exciting experience but it is a financially difficult venture. The government has realized this and come up with various programs to offer funding assistance. These government loan schemes for youth [...]
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 [...]
JKEDI Loan Scheme: Top Financial Support Options for MSMEs
In case you want to establish or add to a business in Jammu & Kashmir, then the JKEDI loan scheme can assist you. Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) provides various financial assistance to MSMEs in Jammu & [...]
Project Report on Artificial Intelligence: Trends, Benefits, and Insights
The world is evolving at a higher pace because of AI. According to the experts, it has the potential of adding 15.7 trillion to the economy of the world by 2030. This is why it is good to learn [...]
What is a Letter of Credit?
A letter of credit, or "credit letter" is a letter from a bank guaranteeing payment. They can provide security to a seller that will be received on time and for the correct amount. If the buyer is incompetent to [...]
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 [...]
How to Start a Beauty Parlour Business: Cost, Setup & Profit Guide
Have you ever fantasised about leading your own beauty parlour? As the demand for grooming, skincare and hair services increases, many individuals have been wondering how to start a beauty parlour business in India. But here is the thing--you [...]
Maximize Your Investment with Top Franchise Business Ideas in India
Have you ever had a dream to start your own business and not reinvent the wheel? Franchise business ideas in India are making that dream a reality to thousands of people who want to become entrepreneurs. India has become [...]
Which Business Expenses to be Tracked?
If you are just commencing your business or if you are looking to expand soon, you need to track your business expenses. Tracking business expenses will help you minimize your taxable income, but it will also help you control [...]
Investment Opportunities after Covid-19
There has been a significant change in the investment Opportunities after the Covid-19 pandemic. The new social norms like social distancing due to health-related concerns and the lockdown restrictions mandated by the government had consumers turn towards the e-market [...]