Evolution is the process of constant branching and expansion” – Stephen Jay Gould Expansion is the next step of a successfully run business. However, the means to achieve it may not always be an easy path. However, any driven business owner must be relentless in their pursuit of business expansion. For a business to be …
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FlexiLoans.com, a technology-enabled online lending platform offering small business loans has been recently featured in “TheHindu.com” FlexiLoans.com makes it easy for SMEs to avail loans without collateral even if they do not have a credit history. It has been found that 80% of SME loan applications are rejected by banks and other institutional channels due …
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Some common misconceptions people have about the processes involved in SME loans. 1. Funding for New/Small Businesses is Not Available Most often than not startups and small businesses seek funding from venture capitalists or family and assume applying for a business loan requires more years or a great business credit score. Securing a working capital loan or seed money …
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How to solve the cash flow issue in your SME? Being your own boss appeals to any individual, and having your own business can be a sheer delight. Anita, a like-minded woman feels liberated running her small Kurti boutique in Mumbai. But there are some downsides in running a business that dissuades her from expanding …
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It is the small business owners whose efforts will turn the economy around! One way to encourage that is to provide them access to quick loans. The small business owners who are looking to grow their business can do so with inventory loans. A loan against inventory is a short-term loan that is used by …
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We have added another feather in our cap. We have acquired CreditPeriod.com, a Mumbai-based supply chain financial platform. This news has been featured on the TOI website also.This acquisition will enable us to strengthen our supply chain financing vertical in the SME ecosystem. Creditperiod.com platform helps SME buyers to procure goods & services on credit …
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Technology is set to bring about a revolution by amalgamating with the world of finance. In that arena, FlexiLoans.com is proving to be a rising star. This is a tech-based financing platform that disburses loans online for funding SMEs when they are in need for quick, flexible and adequate funds. Mr. Manish Lunia, Co-Founder of …
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Instead of looking at the past, I put myself ahead twenty years and try to look at what I need to do now in order to get there then –Diana Ross Who says women can’t be achievers? Or lead from the front? Women in Corporate India have been celebrated year after year, but this Women’s …
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Rati had a thriving business selling her homemade spices and foodstuffs. She had just received a huge order from a reputed caterer and needed supplies. There were more orders flowing in from a local store that wanted to stock her goods. Her existing sales revenue was not enough to buy even half the raw materials …
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India has been an economy that extensively revolved around hard cash for any business exchange. 85% of our labour force received wages in cash. Wondering why? Well, the absence of bank accounts for more than half of our population could be the rationale. More than 95% of our recorded trade transactions have been dealt with …
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In the economic fabric of India, Small and Medium Enterprises (SME) have a significant role to play. A sector with an assortment of 6,000 products, contributes to an approximate 8% of the GDP in India and facilitates 45% of industrial output and 40% of exports from the country. This seemingly small yet vibrant and dynamic …
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Beyond the glass walled buildings and air-conditioned offices one sees in cities, are small offices built in residential apartments, factories and foundries. These units make up India’s booming SME sector. A sector much applauded for its contribution to employment, manufacturing output and exports. A sector waiting for a big bang, yet, which is crippled because …
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