SME loan stands for Small and Medium Enterprises loan and is specifically designed for small and medium-sized businesses. These loans ensure financial assistance to business owners in operating their businesses.…
The Micro, Small, and Medium Enterprises (MSMEs) sector is redefining business growth for the Indian economy. Currently, there are 633.9 lakh MSMEs in India. They contribute 30% to the country’s…
What is a CLCSS (Credit Linked Capital Subsidy Scheme)? CLCSS scheme stands for Credit Linked Capital Subsidy Scheme. It is a scheme launched by the Indian Government to provide subsidies…
There are different kinds of loans that banks and other NBFCs offer as part of their services. These loans come in handy for various purposes, including kickstarting a business. While…
The government is always moving to improve credit access to MSMEs, bringing out new schemes that can help support upcoming entrepreneurs. Over the years, many such attempts have supported the…
Imagine a situation where you have taken a huge loan or several such loans. And on top of that, you don’t have money to pay the loans. So, what do you…
When a borrower cannot repay their EMIs for more than 90 days, their loan account is considered a ‘bad debt’ by the lender. There are two ways lenders typically deal…
Have you ever heard about the CIBIL dispute? You would be like what is this? Let’s assume a scenario where you go to a lending institution to take a loan.…
Planning to start a business? Have you ever considered capital or fundraising for business? Business funding is required to launch any business, whether it is an MSME or a large…
Loan repayment is the process of paying back a loan by making payments. Why do people generally opt for loans? Whether a salaried person or an entrepreneur, there are different…
