21
Apr

How to Apply for Small Business Loan

By Biz2Credit Advisor

Funding is the driving force for any business. The more the funds the better its operations will be. To debt finance a start-up venture, bank is a common source of financing. However, there should be a checklist of things which need to be prepared before processing of any loan application.

  • Compare: Market research and comparison of different lending options ...

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Adequate funds with the correct use of funds are the main component of any small business. Sooner or later almost all small businesses need access to capital leading to better operational efficiency of a business. Although, loan is an agreement between lenders and buyers however, there are certain set of requirements which a lender expects before lending money to a ...

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North India is witnessing great demand for farm equipment especially in the domestic market. Big expectations are being laid on the Indian farm mechanization process. This market has a turnover of Rs 4,000 crore in a year excluding tractors. Northern region of India is the hub of 400 SME manufacturers including vendors.

SME farm equipment manufacturers either sell their product as ...

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2
Mar

How to Choose a Lender for Business Loan

By Biz2Credit Advisor

It is well understood that credit is an indispensable requirement in order to start or expand a business. Of course, a business entrepreneur needs to meet these requirements will look for lending options. Now the question arises, which lender fits the criteria for start-up and small business loan? Well, we agree, different businesses have different requirements. However, business owner's thorough ...

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The Finance Ministry has been requested by apex body of exporters to cap interest rates on loans for small and medium sized businesses. Exporters are demanding the interest rate to be capped at 7 percent and including export credit under priority sector lending in forthcoming budget.

The successive policy rate hikes made interest rates uncompetitive internationally and it has hit capital ...

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