What is a loan? A loan is a debt provided by a company, individual or an organisation to another individual or entity at an interest rate which has to be paid back after a period of time. Following are the types of loans: 1. Personal Loans: Personal loans do not have any designated purpose and
Secured Business Loan is a sort of business finance taken by the borrower to start or enhance a business against the collateral or assets they possess. Any individual or business needs to pledge any of their property or asset and loan promises the bank or financial institute to repay the loan. The loan provided is
Introduction: Credit Scores are the reasons why a lot of people do not get a good night’s sleep. In today’s world, where information is becoming more and more available at ease to everyone, a good credit score has become a mandatory requirement to lead a good lifestyle. However, there are so many myths surrounding this
Small and medium enterprises are already hard-pressed for resources and with competition becoming brutal; they need all hands on deck all the time to encourage their business. For SMEs capital can be one of the biggest godsends that can help them grow their business and steer past a crisis that they might be experiencing. An
In the new era women are moving out and are seen everywhere. The Woman Entrepreneurs have concentrated themselves in various activities beginning from homemade Tiffin service to packaging and manufacturing sector. It is not like women have started becoming entrepreneurs now; we have examples like Lijjat Papad (Mahilagrihaudyog), Lakme (Simon Tata), Biocon (Kiran Mazumdar Shaw)
Finance is an aspect that consists the study of the investments. It can also be defined as the management, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems. In present economic world, we can’t imagine that it plays a crucial role in such large scale. In other terms,
You might have been planning for a long time to buy that fancy car, renovate your home or make a tour to Europe but was unable to succeed with the same due to unavailability of a lump sum amount to finance the same. The problem is being faced by every salaried or business class Individual,
Entrepreneurship was one of the many aspects which have been biased against women. It was a pre-decided job which only man was considered capable of doing. But in past few changes and initiatives have tried to change this notion and make entrepreneurship the most gender friendly role anyone can take. Here are few of such
Business is related to production and distribution of goods and services for the fulfillment of the needs of society. To improve efficiency and carry out various activities, business needs funds, which is known as business finance. Any business would get stranded unless there is sufficient fund available. Hence, a business has to look for sources
Business Finance is an act of bringing money into organisation. It includes procurement of funds so that business organisation is able to carry out its operations effectively and efficiently. Every organisation big or small, manufacturing or trading needs business finance. Business finance includes all types of funds but the amount differs from one business to