To find a source of fundraising is a daunting process for an entrepreneur. But with many government schemes to empower the MSMEs, one can apply for a small business loan. Find out five key points that you must remember before applying for a business loan.
Tag Archives: Business Loan
Pradhan Mantri Mudra Yojana Business Loan Scheme: How to Apply for Mudra Loan Online/Offline?
Micro Units Development and Refinance Agency (MUDRA) is a loan scheme for small businesses initiated under the Pradhan Mantri Mudra Yojana (PMMY). Under this scheme, the non-corporate, non-farm small/micro enterprises can get a loan up to Rs 10 lakh. The loans are provided by private banks, RRBs, Small Finance Banks, MFIs and NBFCs. In this […]
MSMEs in India Get Big Relief! Govt Ready to Waive ‘Interest on Interest’ on Loans Up to Rs 2 Crore During Moratorium
New Delhi, October 17: In a major relief to thousands of individuals and MSME borrowers in India, the Modi government announced that it is ready to waive ‘interest on interest’ on loan up to Rs 2 crore during moratorium. In an affidavit filed on October 3, the government informed the Supreme Court that it has […]
What Are The Best Sources Of Credit For Business Startups?
If you are thinking of setting your own start-up, these basic sources of credit will make the process a lot easier and far less intimidating.