Business Loan for IT Companies in India
Business Loan is one the great way to increase financing towards various business needs. Funding is an extremely significant aspect in line with meeting the vision of a business. Funding and fundraising, both are fundamental modern business scenarios that support the growth of a startup. Business loans are designed to help small businesses and entrepreneurs […]
12 ways to get Business Loan with low CIBIL Score or Bad Credit
The Indian economy is constantly growing with small businesses. Business loan seems like a dream come true. Sometimes, to avail a business loan in India, several challenges arise. 1. Secured Business loans Secured loans are where the person/s when starting a new business can pledge any asset like gold or property that they have as […]
Tips for Applying a Business Loan in 2022
As we head towards 2022, the economy looks way more upbeat than what it did this time last year. As markets opened up, businesses across a spectrum of industries slowly started getting back on their feet. The festive season sales too provided a real shot in the arm. So as businesses look forward to a […]
Business Loans for Service Sector
The professional services industry covers a wide range of occupations as it can consist of any organization or profession that offers customized, knowledge-based services to its clients. Their characteristics include people that have specialized training in the arts or sciences and can be organized into four different types. These include law and accounting firms, hospitals, […]
Consequences of Defaulting On a Business Loan
In simple words, a loan default happens when a borrower breaches a decided term of the loan agreement. Generally, this occurs when a borrower does not make the agreed upon instalment payments. This results in the lender resorting to legal action against the borrower. Loan default happens when a borrower breaks or failing to observe […]
Guide to Compare the Best Small Business Loan in India
Business Loan interest rate starts from 14.99% onwards per annum. However, other factors to influence the final commercial business loan interest rates decided by the lender that includes applicant’s profile and creditworthiness, business plan, credit score, required loan amount, repayment tenure, business vintage and profit, with various other financial aspects. Business loans are designed to help small […]