Running a business often means dealing with cash flow gaps or needing funds to expand. That’s where business loans come in. They can help you purchase new equipment, hire staff, or scale operations. But not all loans are the same. There are mainly two types—secured business loans and unsecured business loans. Understanding the difference between …
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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 …
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MSMEs (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 …
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Inflation 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 …
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Inventory, 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 …
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This 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 …
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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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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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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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Finally, the biggest Tax reform since Independence leading to ‘One Nation, One Tax’ is almost set to be rolled out in India, vide Goods and Services Tax (GST). Did you know, GST is already rolled out and adhered to in over 160 countries worldwide? So applying the same to our country would mean encouraging seamless …
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