Purchasing high-value items like gadgets, consumer electronics, or household accessories, has become much easier nowadays due to the availability of flexible payment options. The topmost choice among these are the easy finance EMI option available with the best business credit cards in India from leading players such as SBI, HDFC and ICICI. This option allows […]
A credit score is simply a three-digit number. It allows banks or financial institutions or other lenders to gauge the financial strength of their borrowers. It also enables them to guess if the borrower has the ability to pay back the loan at its accrued interest within the stipulated time. For example, if you have […]
The hospitality industry is one of the competitive niches. According to Statista, there were more than 660,000 restaurants in the spring of 2018. If you think that is startling enough, some 11,000 independent restaurants closed their doors in 2017. Generally, the main concern with a majority of the restaurant owners is how to get financing […]
There are numerous reasons why you need to borrow money. For those with a high credit score, you may not have difficulty in acquiring a low-interest rate loan. However, a bad credit rating makes it quite challenging to qualify for such loans. The picture below shows the credit ratings and their interpretations. Since it can […]
India stands 3rd alongside US and UK nurturing world’s largest start-up base, as confirmed by NASSCOM in its 2016 Report. The country boasts around 40 million Small and Medium Enterprises (SMEs) including both registered and non-registered entities involved in different sectors comprising IT, manufacturing, food processing, and packaging. These SME’s can be referred to as […]
There are many factors that go into owning a business. You have to effectively manage and hire new employees, look toward the future of the company, and much more. One of the most important areas of business ownership is finance. Finance covers a variety of topics including payroll, investments, and sales revenue. As a business […]
Financial struggles have, unfortunately, become an integral part of the modern business world, as small businesses are bound to encounter certain financial roadblocks on their climb to long-term success and solvency. While these roadblocks might seem insurmountable at first, there is nothing an experienced business leader won’t be able to achieve with proper financial management, […]
If you are a budding entrepreneur with plans for a startup, chances are, you have gone through the basic 12-step guide to starting a business. It is also possible to hit a roadblock on finances. Most guides will tell you to turn to crowdfunding but your success in that depends on how well you can […]
Any defaults on your loans, most usually student loans, car loans or mortgages should be fixed as soon as possible. The damage to your credit score due to these mistakes is huge and remains on file for up to seven years, preventing you from getting the best from your finances. This includes taking on personal […]
