Amazon had committed to digitizing 10 million micro, small- and medium-scale enterprises by 2025. The newly-launched Amazon Digital Kendras will be the physical centers that will provide information to MSMEs regarding the advantages of e-commerce. They will also help businesses efficiently employ third-party services. These would include assistance in cataloging, taxation and GST support, digital …
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A business operates in an environment of uncertainty. Macro factors (economy, policy, regulations, climate, and more) and inherent situations can also sometimes become a stumbling block, particularly for a small business. The most common issue is a sudden cash crunch. A short-term business loan can be of crucial help at the time of need. Small …
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Who doesn’t like to earn some extra moolah? Everyone would love to have some extra cash to fulfill their needs. However, our mainstream jobs aren’t always adequate. Therefore, if you want to have a side income or a backup job before working full time, a part-time job will help you kill two birds with one …
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Starting your own business could be cumbersome if your finances are not well-planned. One of the ways to raise capital for your business is by taking SME Business loans from banks or NBFC (Non-Banking Financial Corporation) in India. In India, the Average interest rate on a business loan is 16.6%. Since it usually ranges from …
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Once you have decided on the loan you want to apply to expand your business, the hard work starts. If you don’t have a firm grasp on your business’s financial growth and wellbeing objectives, you must rapidly catch up to select a loan term that fits your requirements. Before you can choose between short-term and …
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The healthcare industry is growing at a rapid pace in India. People spend thousands on medication to stay healthy and cure ailments. The medicine business is a business that is least affected by the recession. A medical shop business is an evergreen business that prospers in all the phases of the business and economic cycles. …
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GST, or the Goods and Service Tax, is hailed as one of the biggest tax reforms of the nation. It is an indirect tax introduced to incorporate various central and state taxes like VAT, Excise, Service Tax and others. Since the implementation of GST in 2017, there have been several amendments in the rules and …
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Funds serve as a source of resources for any small businesses looking to make a name for itself in the marketplace. Owning a company provides you with the satisfaction of becoming your boss and making decisions. However, although this sounds positive, there is another side of this: the pressure and difficulties of raising funds for …
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A business, be it in any industry, needs money to meet their working capital needs, fund a new project, or aid its expansion plans. Getting a business loan is a tedious task at times, thus, companies prefer having a predefined limit that they can use anytime. This limit is given in the business line of …
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Regardless of the type and size of a business, capital is an essential component for meeting the regular operational demands. Different types of financing options are available based on the business domain, stage, and types. What is a Commercial Loan? Any loan provided by a financial institution to a business for their working capital or …
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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 …
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The 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, …
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