The Coronavirus outbreak emerged out of nowhere and the financial budget of every household went for a toss. Moreover, the dominating pandemic reached every nook and corner of the world and traumatized the economy of every country. Where the superpowers needed time to stabilize themselves at the stock market, the SMEs of India were crushed …
Read MoreMSMEs (micro, small and medium enterprises), loans chiefly help new enterprises as well as small business owners. The loan duration and the interest rate vary from lender to lender, and depend mainly on the profile of the company. These are unsecured business loans and are provided by both banks and NBFCs. However, one must meet …
Read MoreToday markets have opened up a lot of funding opportunities for SMEs and MSME. With a plethora of loan options available at convenience, borrowers are often faced with a dilemma of choosing between a traditional bank and an NBFC. However, this issue is much of concern when a borrower opts to avail the business line of …
Read MoreInflation in simple terms can be explained as a general increase in the price of commodities like grains, fuels, consumables etc. It also signifies erosion in the purchasing power of money. For example, one year back the cost of diesel was Rs. 50 per liter and so Rs.100 could buy you two liters, however, in …
Read MoreInventory, whether that of raw material or finished products is an integral part of a successful business and its operations. Raw material stock ensures that the production goes unhindered and finished product is available to meet demand and requirement of the customers. However, maintenance and stocking up require heavy investment which might be difficult on …
Read MoreA Secured loan is a loan wherein a lender offers large sums of money against a collateral( like a car or house in your possession). If the principal and the interest money remains unpaid after the fixed loan duration, they can trade that off for your collateral (car/ house).An Unsecured loan is a loan which …
Read MoreThis blog is in regard to the small businesses who are confused whether to invest more for expansion or not, so we will give insights which will encourage the reader to go for loans via FlexiLoans. “Are we investing in our business enough?” This is a question that plagues most small businesses. There is only …
Read MoreEvolution 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 …
Read MoreSome 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 …
Read MoreHow 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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