How to solve the cash flow issue in your SME? Being your own boss appeals to any individual, and having your own business can be a sheer delight. Anita, a like-minded woman feels liberated running her small Kurti boutique in Mumbai. But there are some downsides in running a business that dissuades her from expanding …
Read MoreIt is the small business owners whose efforts will turn the economy around! One way to encourage that is to provide them access to quick loans. The small business owners who are looking to grow their business can do so with inventory loans. A loan against inventory is a short-term loan that is used by …
Read MoreWe have added another feather in our cap. We have acquired CreditPeriod.com, a Mumbai-based supply chain financial platform. This news has been featured on the TOI website also.This acquisition will enable us to strengthen our supply chain financing vertical in the SME ecosystem. Creditperiod.com platform helps SME buyers to procure goods & services on credit …
Read MoreTechnology is set to bring about a revolution by amalgamating with the world of finance. In that arena, FlexiLoans.com is proving to be a rising star. This is a tech-based financing platform that disburses loans online for funding SMEs when they are in need for quick, flexible and adequate funds. Mr. Manish Lunia, Co-Founder of …
Read MoreInstead of looking at the past, I put myself ahead twenty years and try to look at what I need to do now in order to get there then –Diana Ross Who says women can’t be achievers? Or lead from the front? Women in Corporate India have been celebrated year after year, but this Women’s …
Read MoreRati had a thriving business selling her homemade spices and foodstuffs. She had just received a huge order from a reputed caterer and needed supplies. There were more orders flowing in from a local store that wanted to stock her goods. Her existing sales revenue was not enough to buy even half the raw materials …
Read MoreIndia has been an economy that extensively revolved around hard cash for any business exchange. 85% of our labour force received wages in cash. Wondering why? Well, the absence of bank accounts for more than half of our population could be the rationale. More than 95% of our recorded trade transactions have been dealt with …
Read MoreIn the economic fabric of India, Small and Medium Enterprises (SME) have a significant role to play. A sector with an assortment of 6,000 products, contributes to an approximate 8% of the GDP in India and facilitates 45% of industrial output and 40% of exports from the country. This seemingly small yet vibrant and dynamic …
Read MoreBeyond the glass walled buildings and air-conditioned offices one sees in cities, are small offices built in residential apartments, factories and foundries. These units make up India’s booming SME sector. A sector much applauded for its contribution to employment, manufacturing output and exports. A sector waiting for a big bang, yet, which is crippled because …
Read MoreFinally, the biggest Tax reform since Independence leading to ‘One Nation, One Tax’ is almost set to be rolled out in India, vide Goods and Services Tax (GST). Did you know, GST is already rolled out and adhered to in over 160 countries worldwide? So applying the same to our country would mean encouraging seamless …
Read More
