A small business often requires more or additional funds to finance its day-to-day activities, expand operations, invest in infrastructure, or just to increase working capital. However, many times, due to lack or inadequate funds, its growth is hindered. It is…
The full form of EMI is Equated Monthly Instalment. It is a fixed payment made from the borrower’s end to the lending institution until the business loan amount is fulfilled. EMI comprises both the interest on the loan and the…
Starting a new business or expanding the existing one is not a tranquil job. It is because to earn money; you need to invest money too. The invested money could be in the form of any resource, like machinery, labour,…
Filling the loan application form is the first step towards applying for a business loan. Irrespective of the lender, whether a bank or an NBFC, it is an important step. From the loan lender’s point of view, assessment of risk…
Every business owner wants his business to grow and run successfully. For this, he sometimes avails a business loan as well. A loan for business is easily available due to the number of financial lenders operating in the market. However,…
