A business loan is very beneficial for a small business owner as it provides him additional funds promptly. The funds availed can be used for various purposes, ranging from purchasing inventory and investing in marketing to increasing working capital and…
With easier availability of business loans, a business owner can meet financial needs without much hassle. However, high interest rates may strain the finances in the long run. Hence, it’s is a good option to avail a top-up business loan…
Most loan lenders ask for security while offering business loans. However, some lenders also offer unsecured business loans that don’t require any security. The unsecured loans for business are aimed to help those business owners who don’t have or don’t…
An eight-member expert committee, constituted by the Reserve Bank of India, has reportedly suggested eliminating the requirement for collateral to avail loans (collateral-free business loans) of up to Rs. 20 lakhs for the MSMEs. Notably, the current ceiling for the…
While addressing both the Parliament houses on Thursday, President Ram Nath Kovind said that India is one among the countries with most start-ups or a new business in the world. It has now become easier to start a new business…
