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.

"Big businesses start small". Long ago, people used to hesitate to start their enterprises given the high costs involved. However, times have changed, and today you may start your successful business with almost zero money down.

The cost of ev charging station in India depends on the charger type and quantity. Two primary types of EV charging stations exist - AC and DC fast-charge. AC stations deliver a slower charge rate than DC fast-charge options, but their installation costs are generally lower.

There are a few construction company ideas for beginners that can help you get started in this exciting and quickly growing area. If you want to establish your firm in the construction industry, now is a fantastic time.

No-doc business loans are a one-stop solution for businesses and entrepreneurs seeking funding or finance options that are quick and easier to procure without much hassle of documentation.

A business loan pitch refers to an engaging presentation or proposal made by the business owner or the entrepreneur to potential investors or lenders with the aim of convincing them to provide a business loan. A business pitch revolves around highlighting the key aspects of the business, including market opportunities, revenue projections, and loan purposes.

An asset-based or secured loan uses collateral as its security. The asset of a business is any property that it owns and controls. In unsecured loans, collateral is not required, and lenders usually consider factors like good payment history and active years in business to determine the amount of money to lend. Lenders cannot take any asset in unsecured loans.

As per the new definitions, a micro enterprise is now one that has an investment of not more than Rs 1 crore and annual turnover or sales of not more than Rs 5 crore. A small enterprise is one that has investment in plant, machinery etc. of not more than Rs 10 crore and annual turnover of not more than Rs 50 crore.

The net working capital meaning displays the discrepancy between current liabilities and assets for a business. The leftover sum represents the business's working capital for the near future.

The easiest way to acquire funds for setting up your online trading firm is by applying for a business loan. Several lenders are offering affordable loans to set up a new business. You should compare the interest rates, repayment flexibility, and various other aspects of the loan before choosing it. You can get such a loan from an NBFC lender, such as IIFL Capital Services.

Small or large businesses alike frequently want more funding to cover ongoing expenses. The type of firm, its capital intensity, and its stage of development, all affect the amount of investment needed.