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Happy Diwali

Best Wishes

Diwali – Celebrating light in all its Glory

28.10.2016

The message of ‘Happy Diwali’, often conveyed along with sweets, savories and beautiful smiles has been in Indian culture since ages. People have celebrated this festival of light with a gusto that negates all every sorrowful event that has ever occurred during the year. In many regions of India, this festival falls on the same …

Finding the Best Option for Refinancing Your Business Loan

Business Loan

Finding the Best Option for Refinancing Your Business Loan

22.11.2018

Business loans allow a small or medium enterprise to expand its operations, streamline working capital, and boost manufacturing. In India, both banks and non-banking financial companies offer business loans and loan refinancing for SMEs. Loan refinancing can help a business save more money in repayments of an existing loan. However, selecting the right lending partner …

Small Business Loan Interest Rate

Business Loan

Top Factors that have an Effect on Your Business Loan Interest Rates

18.10.2018

If you are a small and medium business owner, you would know what a chore it can be to secure a business loan. Apart from the general problem of securing business finance, SME owners also face exploitative interest rates, unfeasible loan repayment schedules, and high prepayment penalties. This in turn reduces their trust in institutional …

get a short term business loan

Business Loan

Facing a Temporary Cash Crunch? Get a Short-Term Business Loan

05.10.2018

Cash crunches can occur due to unfavorable business environment, changes in government policies (e.g. demonetization and GST) or seasonal shifts in sales. However, with some prudent financial management and the help of FinTech services, you can avoid problems like shortage of working capital loan which are usually associated with a cash crunch. Here are some …

why a business loan is better than liquidating personal savings or assets

Business Loan

Why a Business Loan is Better than Liquidating Personal Savings or Assets

04.10.2018

A number of external and internal factors can disrupt the finances of a small business. In many such cases, these financial disruptions require urgent capital infusion to keep the business competitive. While every small business owner would like to avoid such difficulties, sometimes getting financial help is the only answer. Now, in Indian society, there …

how to improve the chances of getting a business loan approval

Business Loan

How to Improve the Chances of Getting a Business Loan Approval?

26.09.2018

It takes money to make money. Even if you have a great business idea, it will take some initial investment to market it and bring it to fruition. Unsecured small business loans are a popular choice for quick business finance due to their small ticket sizes and faster approval process. However, not every business loan …

Autumn Wallpapers (29)

Business Loan

KYC Documents – What You Have and What is Needed

08.03.2018

Getting a business loan in India requires a lot of meticulous planning on a small business owner’s part. One aspect of this planning is getting the KYC documents in order. Here we have compiled a list of documents that you generally need when applying for a business loan. A Checklist of Documents Required to Apply …

Instant Business

Business Loan

Lendingkart Instant Business Loans App – Loans Under 5 Minutes

16.01.2018

Lendingkart Instant Business Loans Business loans for startups are a difficult thing to achieve. For existing businesses, the story is different. A business can apply for a working capital loan based on its age and turnover. Banks have been the usual go-to option for people and businesses for getting financial aid. Alternative digital lenders or …

The working capital angle

Business Loan

Small Business Loans – The Working Capital Angle

26.04.2017

Ever since I started off in a retail lending team at HDFC Bank and even now, as a decision-maker in one of the leading fintech lenders of the nation, I have always been asked by clients about the kind of business loan that would be the best for every situation. Simply put, there is no …

Small Business Loan - What to Avoid and What to Keep an Eye out for

Business Loan

Small Business Loans – Why and Why Not

19.04.2017

When it comes to financials that concern your organization’s growth and prosperity, you would never want to take a chance, would you? Additionally, when it comes to your personal life, you’d always want a steady flow of income and a safety net to secure your and your family’s future as well. This brings us to …

online lenders

Business Strategy

Why Online Lenders are a Better Choice

15.03.2018

Online Lenders – The Better Choice Small businesses are increasingly moving towards online business loans and finance options for expanding their operations. Online lenders offer several benefits over financing from commercial banks, such as Flexi EMIs and quick short-ticket finance. This has made these non-banking financial institutions the choice of modern MSMEs. For example, today, …

MSME Loans - Risky and Profitable Business Types

Business Strategy

Demystifying MSME Loans

19.02.2018

MSME Loans – Risky and Profitable Business Types Micro, Small and Medium Enterprises are the largest employment providers in India. Their contribution to overall employment in the country is pegged at 69%. Also, the MSME sector is responsible for almost 45% of the manufacturing industry and drive 40% of our total exports. These are significant …

Credit History - How it Gets Better Loan Amounts

Business Strategy

Credit History – How It Gets Better Loan Amounts

09.02.2018

Credit History and its Importance When you go for a business loan, the one thing that matters the most is your credit history or business credit score. Credit history is basically a statement of your loans and repayments in the past. Credit rating is assigned by rating agencies such as CIBIL and CRISIL. Here are …

A small business loan to start a business

Business Strategy

How to Get a Small Business Loan for a Startup

03.01.2018

Small Business Loan to Start a Business For a new entrepreneur, one of the biggest hurdles to resolve and overcome is the need for capital. Funds are critical to any business venture. Finding ways to raise money can sometimes become a full-time occupation for a business owner. A business loan can be a very important …

How Business Loan Interest Rates Work

Business Strategy

Business Loan Interest Rates – Factors and Features to Getting an Optimal Rate

28.12.2017

How Business Loan Interest Rates Work Ever wonder why business loan interest rates vary from lender to lender? There are several factors based on which every financial lender such as a bank or an NBFC determines the interest rate for any loan. The same holds true for a business loan as well. The more you …

The Importance of Choosing the Right Business Loan

Business Strategy

Business Loan – Importance of Choosing the Right One

26.12.2017

The Importance of Choosing the Right Business Loan When you are considering taking a business loan, there are a lot of things that you check out, both online and offline. One might check out online EMI calculators, ask friends about online business loans, visit the websites of online loan providers and do a comparison of …

Small Business Financing Options

Business Strategy

5 Clever Small Business Financing Options in India

20.11.2017

For a new small business in India, like everywhere else globally, finance is the key to success and sustenance. Efficient and consistent fundraising is not the easiest of jobs. Still it does not have to be the toughest either. Traditionally banks tend to be the first and most preferred source of raising capital. Though they …

Customer Engagement Returns and Refunds

Business Strategy

Why Customer Engagement is Important? Part 3 – Returns and Refunds

30.10.2017

As an entrepreneur in today’s times, it is important to understand the value of customer engagement and how it is linked directly to the success of your business. An interactive relationship with your customers helps boost positive brand loyalty and this goes a long way in boosting the overall credibility of your business. The advent …

customer-engagement P1

Business Strategy

Why Customer Engagement is Important? Part 1 – Rave Reviews and Rants

27.09.2017

Customer engagement has become an important parameter for business success today. In this context, customer engagement is now almost synonymous to customer satisfaction. Customer engagement can happen through both online and offline channels. Positive customer engagement not only boosts your brand’s reputation but can also help drive sales. There are several ways a business interacts …

How a CRM can help

Business Strategy

Got a Growing Sales Team? A CRM can help!

19.09.2017

So here’s the thing. Growth of a business and consequently a larger sales team is a potentially positive development. A larger sales team means that more customers are being catered to. At least more clients are wanting to engage with your business which led you to hire more people. All of this is great. However, …

Advertising for SMEs

Business Strategy

Advertising for SMEs – Do You Need It?

22.08.2017

SMEs for the most part are strapped for funds. In fact, because of this, fundraising becomes an almost ongoing activity for entrepreneurs. Given that money is tight, every rupee counts. When accounting for costs, as a small or medium business owner you need to take stock quite carefully and expenditure must be decided based on …

The GST Game

Business Strategy

The GST Game – What Can SMEs Do to Stay Ahead?

27.07.2017

With GST having become a reality now, every business and service provider is dealing with its ramifications, the good ones as well as the bad ones. As a business owner, no matter what you think of GST, India’s biggest tax reform is here to stay. In case you are looking for how dual GST works …

Why Dual GST

Business Strategy

Why Dual GST and How it will affect your Business?

23.07.2017

Businesses all over the country have felt the impact of the government’s decision to change the country’s goods and services tax code. The new tax, GST, will change the way our country does business, affecting all businesses engaged in sale/supply of goods or supply of services. What is GST? The Goods and Services Tax (GST) …

Growing your business online

Business Strategy

The Ultimate Guide To Grow Your Business Online

07.07.2017

Given the economic climate, for any business intending to grow to its maximum potential, there is no shying away for exploring the online space. In fact, as a small business owner what is important and critical for you to understand is that optimizing your business on the web is no longer a choice that you …

cashflow_may

Business Strategy

Keeping your Company’s Cash Flow Happy – Debugging Budgeting!

30.05.2017

Keeping your Company’s Cash Flow Happy Does cash flow translate to revenue? Certainly not. Deteriorating revenue with a robust cash flow is not going to be a saving grace for a failing company, but a good cash flow plan in a relatively stable business can work wonders. The important thing to note here is that …

6 Amazing Ways to Execute Ideas for Small Businesses

Business Strategy

6 Amazing Ways to Execute Ideas for Small Businesses

22.05.2017

Idea is the core of every business. As somebody who is either interested in starting a new business or is already on that journey and now looking for growth, you are meant to know that, right? What you might know however is that sometimes even the best ideas fail due to the inability of the …

11 Things Finance_competition

Business Strategy

11 Important Things Your Competition Can Teach You About Finance

12.05.2017

Competition is the bane and blessing for every business owner. As a business owner you need to keep an eye out for what your competition is doing. This is the ground rule and needs to be followed. In principal, keeping a track of others who are in the same business as you whether it’s for …

tips to increase your small or medium business credit score

Credit Score

Tips to Increase Your Small or Medium Business’s Credit Score

27.09.2018

Poor credit rating is one of the foremost reasons for rejected business loan applications. In recent years, main stream banking sector has become increasingly wary of lending to small and medium businesses. A major factor behind this is the rise in non-performing assets (NPAs) marring the banking sector, which has made the banks risk-averse. Nowadays, …

G Sindhu

Customer Corner

750% Growth – This is How Success is Defined!

02.05.2017

The Curtain Call of Coir – G Sindhu’s Entrepreneurial Story In 2007, a remote area of Modakupatti in Tirupur saw the emergence of Evergreen Enterprises. As a company that dealt in coconut and coconut products primarily, it wasn’t much of a contrasting setup in the locale. The defining trait in the company was that it …

Reasons Why You Might Be Failing At Working Capital Management

Financial Management

Reasons Why You Might Be Failing At Working Capital Management

26.11.2018

Small and medium enterprises are particularly vulnerable to improper management of their assets and liabilities. Most SME assets are in the form of current assets and their current liabilities are often a source of external finance, given the difficulties of getting a business loan for such enterprises. Oftentimes, SMEs have to resort to vendor financing …

Aadhaar for Business Loans

Financial Management

Aadhaar and Business Loans – How They are Connected

08.05.2018

Aadhaar and Business Loans – How They are Connected Aadhaar Card has become one of the most important personal identification document of our time. The government issued ID is regulated by the Aadhaar Act and managed by the Unique Identification Authority of India. Here are some steps taken by the government to make Aadhaar an …

MSME Loans - Risky and Profitable Business Types

Financial Management

Demystifying MSME Loans

19.02.2018

MSME Loans – Risky and Profitable Business Types Micro, Small and Medium Enterprises are the largest employment providers in India. Their contribution to overall employment in the country is pegged at 69%. Also, the MSME sector is responsible for almost 45% of the manufacturing industry and drive 40% of our total exports. These are significant …

Credit History - How it Gets Better Loan Amounts

Financial Management

Credit History – How It Gets Better Loan Amounts

09.02.2018

Credit History and its Importance When you go for a business loan, the one thing that matters the most is your credit history or business credit score. Credit history is basically a statement of your loans and repayments in the past. Credit rating is assigned by rating agencies such as CIBIL and CRISIL. Here are …

EMI Calculators and Business Loans

Financial Management

EMI Calculators and Business Loans – Facts and Myths

04.01.2018

When you search the internet for getting a small business loan for your enterprise, a number of business loan EMI calculators and loan offerings pop up in your search results. For a person applying for their first commercial loan, it might get confusing. This post helps you in understanding the formula used by an online …

A small business loan to start a business

Financial Management

How to Get a Small Business Loan for a Startup

03.01.2018

Small Business Loan to Start a Business For a new entrepreneur, one of the biggest hurdles to resolve and overcome is the need for capital. Funds are critical to any business venture. Finding ways to raise money can sometimes become a full-time occupation for a business owner. A business loan can be a very important …

Attractive Interest Rates from Lendingkart

Financial Management

Lendingkart offers Attractive Interest Rates for SME Loans

21.11.2017

Small and medium enterprises in India are growing at an exponential rate. The Indian Government has launched several schemes for their benefit. Furthermore, the introduction of GST and online portals has increased the ease of doing business in India. You can now quickly gain approvals for new projects or much needed expansions. However, to get …

Small Business Financing Options

Financial Management

5 Clever Small Business Financing Options in India

20.11.2017

For a new small business in India, like everywhere else globally, finance is the key to success and sustenance. Efficient and consistent fundraising is not the easiest of jobs. Still it does not have to be the toughest either. Traditionally banks tend to be the first and most preferred source of raising capital. Though they …

Credit Scores – Part 1

Financial Management

Credit Scores – Part 1: The What, Who and When

02.08.2017

Introduction “Sorry, we won’t be able to process your loan application because your credit score is too low.” As a person who has availed loans before, I can testify to how much this single statement can hurt. Especially when there is a pressing need of funds, and you know that the low credit scores are mostly …

Why Dual GST

Financial Management

Why Dual GST and How it will affect your Business?

23.07.2017

Businesses all over the country have felt the impact of the government’s decision to change the country’s goods and services tax code. The new tax, GST, will change the way our country does business, affecting all businesses engaged in sale/supply of goods or supply of services. What is GST? The Goods and Services Tax (GST) …

Working Capital Management for Small Business Owners

Financial Management

Working Capital Management for Small Business Owners

16.06.2017

Working Capital Management for Small Business Owners Any business can have different sources of income and efficient management of the same can work wonders in the running of the business. While startup capital and fixed assets are typically long term, for the day-to-day running of any business, an efficient cash flow structure is necessary. In …

11 Things Finance_competition

Financial Management

11 Important Things Your Competition Can Teach You About Finance

12.05.2017

Competition is the bane and blessing for every business owner. As a business owner you need to keep an eye out for what your competition is doing. This is the ground rule and needs to be followed. In principal, keeping a track of others who are in the same business as you whether it’s for …

G Sindhu

Financial Management

750% Growth – This is How Success is Defined!

02.05.2017

The Curtain Call of Coir – G Sindhu’s Entrepreneurial Story In 2007, a remote area of Modakupatti in Tirupur saw the emergence of Evergreen Enterprises. As a company that dealt in coconut and coconut products primarily, it wasn’t much of a contrasting setup in the locale. The defining trait in the company was that it …

photo-1416339276121-ba1dfa199912

General

Testing the Elements

03.02.2016

This is some dummy copy. You’re not really supposed to read this dummy copy, it is just a place holder for people who need some type to visualize what the actual copy might look like if it were real content. If you want to read, I might suggest a good book, perhaps Hemingway or Melville. …

General

Sed posuere consectetur est at lobortis

10.07.2015

This is some dummy copy. You’re not really supposed to read this dummy copy, it is just a place holder for people who need some type to visualize what the actual copy might look like if it were real content. If you want to read, I might suggest a good book, perhaps Hemingway or Melville. …

General

Sed posuere consectetur est at lobortis

This is some dummy copy. You’re not really supposed to read this dummy copy, it is just a place holder for people who need some type to visualize what the actual copy might look like if it were real content. If you want to read, I might suggest a good book, perhaps Hemingway or Melville. …

Digital Banking in India

General Finance

Digital Banking in India for Quick Business Loan Approvals

22.05.2018

Digital banking is fast becoming the new normal in India. While there is still a lengthy road ahead for total digital integration of the financial sector, at least the ground work is moving apace with latest technologies such as credit cards, net banking, e-wallets and now UPI as well. Digital banking is also helping businesses …

Difference between Working Capital and Startup Loans

General Finance

Difference between Working Capital and Startup Loans

26.03.2018

Online Lenders – The Better Choice Small businesses are increasingly moving towards online business loans and finance options for expanding their operations. Online lenders offer several benefits over financing from commercial banks, such as Flexi EMIs and quick short-ticket finance. This has made these non-banking financial institutions the choice of modern MSMEs. For example, today, …

Business Loan Index - Terms used by Lenders

General Finance

Business Loan Index – What You Need to Know

22.02.2018

The rapid growth of MSME sector in India means there is a lot of financial lending activity going on right now. While applying for these unsecured business loans and working capital loans, entrepreneurs are often left asking for explanation of certain banking terms used by the lenders. In this post, we are covering the commonly …

Business Registration

General Finance

Business Registration – Helping in Faster Loan Approvals

14.02.2018

How Business Registration Helps in Faster Loan Approvals When your business model is ready to move from its pilot phase, the first thing to do is to register your company. Business registration in India can be done online through the Ministry of Corporate Affairs portal. Apart from giving legality to your operations, there are numerous …

Attractive Interest Rates from Lendingkart

General Finance

Lendingkart offers Attractive Interest Rates for SME Loans

21.11.2017

Small and medium enterprises in India are growing at an exponential rate. The Indian Government has launched several schemes for their benefit. Furthermore, the introduction of GST and online portals has increased the ease of doing business in India. You can now quickly gain approvals for new projects or much needed expansions. However, to get …

Customer Engagement Returns and Refunds

General Finance

Why Customer Engagement is Important? Part 3 – Returns and Refunds

30.10.2017

As an entrepreneur in today’s times, it is important to understand the value of customer engagement and how it is linked directly to the success of your business. An interactive relationship with your customers helps boost positive brand loyalty and this goes a long way in boosting the overall credibility of your business. The advent …

Customer Engagement Revenue Impact

General Finance

Why Customer Engagement is Important? Part 2 – Revenue Impact

09.10.2017

The rapid homogenising of product and services has made marketers shift focus to customer experience (UX). In our previous article, we explained the importance of reviews and rants leading to customer engagement for online and offline enterprises. In this post, we will be analysing the impact of a positive UX on your revenues. Most businesses …

Credit Scores – Part 1

General Finance

Credit Scores – Part 1: The What, Who and When

02.08.2017

Introduction “Sorry, we won’t be able to process your loan application because your credit score is too low.” As a person who has availed loans before, I can testify to how much this single statement can hurt. Especially when there is a pressing need of funds, and you know that the low credit scores are mostly …

The GST Game

General Finance

The GST Game – What Can SMEs Do to Stay Ahead?

27.07.2017

With GST having become a reality now, every business and service provider is dealing with its ramifications, the good ones as well as the bad ones. As a business owner, no matter what you think of GST, India’s biggest tax reform is here to stay. In case you are looking for how dual GST works …

blog_cover_image

General Finance

Financial Falooda for Thought

21.09.2016

You have a business and you hail from a family that has been selling and buying products since the independence of India in 1947. Or you could be one of those people who didn’t like taking orders from someone and you headed out to find your calling as an entrepreneur. Well, you could also be …

How Imports and Exports have changed in India After GST

GST

How Imports and Exports Have Changed in India After GST

15.11.2018

Foreign trade is one of the major factors that determine a country’s economic growth. Exim policies are often a matter of priority for new governments as they try to recalibrate the political and economic narratives. Today, India is the fastest growing major economy in the world with a popular government, that is generally perceived as …

MSME Loans within 59 Minutes Is it really possible

MSME Loans

MSME Loans Within 59 Minutes: is it really possible?

13.11.2018

The government announced a new scheme for small and medium business owners as a festive gift, ‘business loans / MSME loans within 59 minutes. The announcement had the business world buzzing with excitement as the scheme promises business loans up to `1 Crore. However, little else was clear about the due process to be followed …

MSME Loans - Risky and Profitable Business Types

MSME Loans

Demystifying MSME Loans

19.02.2018

MSME Loans – Risky and Profitable Business Types Micro, Small and Medium Enterprises are the largest employment providers in India. Their contribution to overall employment in the country is pegged at 69%. Also, the MSME sector is responsible for almost 45% of the manufacturing industry and drive 40% of our total exports. These are significant …

Reasons Why You Might Be Failing At Working Capital Management

Working Capital Loan

Reasons Why You Might Be Failing At Working Capital Management

26.11.2018

Small and medium enterprises are particularly vulnerable to improper management of their assets and liabilities. Most SME assets are in the form of current assets and their current liabilities are often a source of external finance, given the difficulties of getting a business loan for such enterprises. Oftentimes, SMEs have to resort to vendor financing …

Collateral-free Working Capital Loan

Working Capital Loan

Here’s How to Secure Collateral-free Working Capital Loan up to ₹ 1 Crore

22.10.2018

Small business loans are both hard and easy to get. If your business has a verifiable history and you adhere to the tax and policy guidelines laid by the government, then it is easy to secure a business loan. And if, your papers are out of order, then it is a little harder to get …

Working Capital Management for Small Business Owners

Working Capital Loan

Working Capital Management for Small Business Owners

16.06.2017

Working Capital Management for Small Business Owners Any business can have different sources of income and efficient management of the same can work wonders in the running of the business. While startup capital and fixed assets are typically long term, for the day-to-day running of any business, an efficient cash flow structure is necessary. In …