Are you looking for a loan for your SME, but have no security as collateral to raise a loan? Exhausted from facing multiple rejections from traditional banking institutions? Don’t worry, the solution to all your problems is right here, FlexiLoans, “an online lending platform”, offers SME business Loans and helps small business owners to get …
Read MoreThe Indian government has launched a new initiative, “Make In India,” to encourage and support more SMEs and integrate them into India’s growth trajectory. Access to money is the most difficult task for SMEs today. To combat unemployment in our country, the government has launched different lending packages for small firms. Small Business Loan Scheme, …
Read MoreThe most popular way to get money is to take out a loan from a bank or another financial institution. Obtaining a loan is no longer as easy as it used to be. Banks have been limiting loans to small businesses due to the financial downturn that struck during COVID-19. Breaking things down into manageable …
Read MoreWhat Exactly is a Kirana Shop? In India, a Kirana Market, also known as a nearby departmental store, is a small neighbourhood store. All household items are sold in these shops. The size of every shop is determined by the amount of money available to a local Kirana. However, whenever it comes to expanding their …
Read MoreDuring the COVID-19 pandemic, board meetings, family gatherings, new product releases, and other activities are taking place via video conferences. Banks are not far off in terms of implementing video network technologies to onboard new customers and complete the Know Your Customer (KYC) process. According to Reserve Bank of India (RBI) regulations, the KYC mechanism …
Read MoreAccounts Receivable or invoice Financing is an asset-based borrowing method. In this method, companies can raise funds against the amounts recoverable from the customers. Invoice financing companies or Invoice financing NBFC helps various enterprises or MSME’s to boost their cash flow for paying their third party stakeholders, employees and reinvesting the funds for expansion and …
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 MoreRunning a business can be tricky at times. One needs to constantly monitor the finances of one’s business for measuring the financial health of a business. Any negligence may put the company into losses. If you are an investor, then your foremost task before investing is analyzing the company’s financial health. A business may incur …
Read MoreMicro, small, and medium enterprises (MSMEs) constitute an important segment of the Indian economy. It is one of the largest employment-generating segments, with over 110 million people working in an MSME contributing approximately 30% of India’s gross domestic product (GDP). There is scope for further growth, with the number of MSMEs having grown by a …
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