If you are looking forward to setting up your Startup, you would need substantial financial assistance. Obtaining a monetary loan from a secured source is too good to be true. However, you would need to fulfill several formalities before you apply for the Prime Minister’s Employment Generation Programme or PMEGP. Here is everything you want …
Read MoreSmall businesses often find themselves stuck in need of extra capital to meet their expenses and expand their operations. FlexiLoans understands the needs of SMEs and provides them with hassle-free loans quickly. Unlike a traditional bank, FlexiLoans is a reliable digital platform that requires a proper financial history. The platform offers a variety of loans …
Read MoreFinTech, short for Financial Technology, is software that eases the process of performing financial services using technology. The concept of Financial Technology is constantly evolving. Initially, when it first started, its primary focus was traditional banking transactions. However, today FinTech is an efficient tool for any kind of financial transaction. In other words, FinTech or …
Read MoreIn business, investors are always seeking to measure their financial business health. Investors hope to tick off every box while evaluating financial statements while measuring a company’s health. To understand the short and long-term goals of a company, it is essential to consider a standard financial metric. Some of them include – solvency, profit, liquidity, …
Read MoreMSME or Micro, Small and Medium Enterprises is an evolving sector in terms of development for the Indian Economy. MSME is also known as India’s backbone because of its contribution to the Gross Domestic Product or GDP. It also generates tons of exports and employment for India as a whole. The MSME sector currently contributes …
Read MoreIt is impractical to think that you can do a business without sufficient capital. Whether your organization is big or small, capital is the essence to run your business. Arranging capital is the groundwork for a successful business. You can kick start a venture with an easy business loan. A steady cash flow propels the …
Read MoreMicro, Small, and Medium Enterprises (MSMEs) play a vital role in boosting the country’s economy. These enterprises face major issues like scarcity of funds, especially the conversion of bill receivables into liquid funds. In collaboration with RBI, resolving such issues, the Government of India introduced the concept of “Invoice Financing.” MSMEs contribute almost 45% to …
Read MoreProfitability and growth are two sides of the same coin. Businesses can show prospects of growth when it is earning a decent profit. The monetary gains are reinvested in the business to ensure growth. Thus, the future of business in India and its development is dependent on the degree of profit-making or cash inflow. Apart …
Read MoreCredit card or plastic money is pre-approved funding to pay merchants for goods and services purchased. There are approximately 52 million credit card users in India alone, making it one of the most preferred modes of payment. The universal acceptance of credit cards and the convenience of use is another reason for soaring credit card …
Read MoreSometimes there are instances in the business when you have a lack of funds. You may urgently require a particular amount of money. This could be for the implementation of a business strategy or any such reasons. However, when your business lacks funds, you can opt from small business loans, business credit cards, or corporate …
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