Planning to get business loan? You can have it right with PSB loans in 59 minutes

The initiative of PSB loan in 59 minutes is designed to ease access of credit to individuals and MSMEs. It aims to automate and digitize various processes of Business Loan (Term Working Capital Loan and Mudra Loan) and Retail Loans (Personal Loan, Home Loan and Auto Loan) helping borrowers getting approval letter in less than 59 minutes. The borrower has been given the flexibility to … Continue reading Planning to get business loan? You can have it right with PSB loans in 59 minutes

How Much Business Loan Can I Get in India?

At some point down the line, every business needs external funding; without getting funds from outside, a new business may struggle to continue, whereas the existing business may miss the market opportunities. Even if your business is set up, it requires additional funding for smooth operation.  In view of promoting businesses, almost all leading banks and NBFCs (Non-Banking Financial Companies) offer business loans to help … Continue reading How Much Business Loan Can I Get in India?

Steps to be Followed While Applying Online for a Business Loan

Investment is the lifeline of a business. From running everyday operations, payments to employees, servicing customers to miscellaneous expenses, all these require money. At times it may be difficult to manage funds at the time of requirement. But with business, all these needs can be met easily and timely especially with online loan processing.  Here are some “how to apply” steps for an online business … Continue reading Steps to be Followed While Applying Online for a Business Loan

Tips to Get the Best Business loan

Several banks, NBFCs, and fintech companies provide a business loan to the start-ups, small business or an established business. People avail of business loans to expand their business or to meet their financial crisis. Nowadays, people look for lenders who can provide the loan amount as earlier is possible. By seeing the increasing demand for urgency in loan disbursement, now almost every lender offers loan … Continue reading Tips to Get the Best Business loan

What Will Happen When You Fail To Pay Business Loan?

Even the best business model may fail which may lead to the loss in the business and leaving you in a great debt.  The excessive debt will make you a defaulter and this situation mostly arises when you fail to repay the business loan. If you become a defaulter, then your individual credit score and your small business credit score will have a severe impact … Continue reading What Will Happen When You Fail To Pay Business Loan?