• For managing your debt, you should collect the information about the amount that you owe, pay your bill on time each month, use good quality accounting software, create a monthly bill payment calendar, etc. • It is important to maintain an excel sheet to know how much you owe and to whom. • You … Read more
• You may require funds for a new project, enhancing the existing project, and manage the working capital. • You should ensure repayment availability before raising debt because if you fail to do so, your security asset will be lost. • For calculating the amount of loan, you should evaluate project cost, project cash flows, … Read more
Government Loan Schemes for startups in india • Loan schemes of the Indian government • Indian government provides various types of loans such as CGTMSE loan, MUDRA loans, and MSMEs business loans. • CGTMSE loan was launched by the Ministry of Micro & Small Enterprises that provides a credit guarantee of 50% – 85%. • … Read more
• You can take the help of various debt schemes such as external commercial borrowing, venture capital, trade credit, and bill discounting for raising debt. • External borrowing can be taken in the form of, bank loans, buyer-supplier credit, convertible/non-convertible debenture, and preference shares. • Venture debt can be taken by anyone but, generally, it … Read more
The loan is a favourable thing because it helped businesses in their growth. You should know how to manage the loan to grow your business. There are various types of loans available including working capital loans, term loans, NBFCs, and equipment financing. The debenture is a bond used by a company to raise money from … Read more
Debt is lending money by one person to another person at times of need. No money is completely free, there is always a cost associated with it which is known as ‘interest.’ When a loan is raised against any security, it is called ‘secured loan.’ Unsecured loans are given without keeping any type of physical … Read more