While your credit score is a strong indicator of your credit behaviour, there are other pertinent factors influencing the approval chances of your unsecured business loan. Lenders gauge several metrics to determine your creditworthiness. Knowing these can help you prepare better and improve your odds of approval. Cash Flow Consistency Lenders need to trust you…
A business loan can be a powerful tool for financing your business’ operations, product development, expansion and more; and in today’s fast-changing economy, both secured and unsecured options can come in handy. However, understanding what sets them apart can help you choose the best option to meet your business’ financial requirements. Secured Business Loan Secured business loans…
Business, be it big or small, is always in need of funds. Whether the promoters pool in money or raise money from the market depends on the size and business viability. It also depends upon the nature of the business – is it capital-intensive and what is its stage of development, in terms of inception, […]
Entrepreneurship ventures are definitely not a new concept in India, however, in an age where a range of benefits are offered to start-ups, women entrepreneurs are still a distinct minority. In order to spur further growth of entrepreneurial initiative among women, leading financial institutions in India, including nationalized banks, have introduced various loan schemes that […]
Young business owners and startup entrepreneurs have increased manifold in the last few years, witnessing the rapid growth of the e-commerce industry. These first-time business owners or enterprises strive to grow their businesses by bringing new and innovative ideas to work, making money from the businesses, thus contributing to the growth of the Indian economy….
