List of Business Loan Articles

Banks and financial institutions offer Flexi business loans, which let borrowers withdraw and repay funds within a set credit limit. Unlike regular term loans, which involve receiving a lump sum and making fixed monthly payments, Flexi business loans work like a revolving credit facility. This means business owners can withdraw funds as needed, repay them, and then draw again within the specified limit. It's like a credit card but with lower interest rates.

The latest MSME classification and the MSME business list came into existence to assist firms in receiving government incentives and utilising government operations. If you are a first-timer, you must note that the MSMEs do not all have to be small enterprises.

A short-term loan is a type of business loan that can be used to finance transient business needs. Before the loan's term expires, you pay back the principal and interest. The typical loan term for short-term loans is three to five years.

The government has launched a special loan program for women entrepreneurs under the Pradhan Mantri Mudra Yojana scheme, known as the Mudra Yojana Loan Scheme or Mahila Udhyami Yojana. This initiative offers women entrepreneurs approximately Rs 10 lakh loans, free from collateral requirements and featuring low-interest rates with flexible repayment tenures.

As a major business loan benefits, you can easily avail of a business loan without associating any of your assets as a guarantee. Simply put, taking a business loan is possible even without a guarantee or a guarantor.

Take advantage of the subsidies provided by the CLCSS to enhance your plant equipment and machinery. Before applying for a term loan, ensure that your primary lending institution is included in the CLCSS scheme.

Equity crowdfunding is a particular kind of crowdfunding that helps businesses and individuals in raising capital for their ventures or projects by offering equity or ownership stakes through online platforms to a large number of investors. This allows enterprises and companies to gather small amounts of money from a large pool of investors instead of from a single investor.

A business is a for-profit operation or activity. It could be a corporation, a partnership, an organisation, a single proprietorship, a profession, or any other entity that engages in profit-making commercial, industrial, philanthropic, or professional activity.

NBFCs have emerged as formidable contenders to traditional banks and other lenders. With their flexible eligibility criteria, swift loan disbursal, competitive interest rates, and digital loan processing, NBFCs offer unique advantages that cater to the needs of modern businesses.

According to the data, women-led businesses comprise 20.37% of India's MSME industry. In subsequent years, this figure is expected to rise. In addition, this will increase available jobs across the country.

Paying a business loan down payment upfront is not necessary. Nonetheless, if you opt for a secured loan, specific lenders may request collateral in business or personal assets. However, for unsecured loans, no business loan down payments required.

What is a microfinance institution A microfinance institution or micro-finance lender gives small, unsecured loans to people from poorer sections of the society. Usually, the maximum amount of loan that a micro-finance lender gives is Rs 1 lakh. These loans are usually given for meeting the daily needs of the borrower or the needs of the borrower to buy some income-generating asset.  Microfinance is a […]