We have stated brief reasons for credit declines in our previous article about “Why business loan applications get rejected” . Today we will talk about one of the most important criteria for Lenders and Banks that is used to judge business…
Why was my Business Loan rejected?
There are a lot of reasons why your Business Loan application may get rejected. We are listing down some of the most important reasons for the same. If you take the necessary to avoid these, you stand to improve your…
Understanding MSME Loans Criteria
In the past 2 blogs in we talked about MUDRA Loans and CGTMSE schemes where we have elaborated about special status and encouragements given for MSME sector, expecting it will benefit many to get financial inclusion for their venture and…
Key to MSME Loans and CGTMSE
Employment generation is a national priority and the Government is exploring all possible avenues to create more employment opportunities. Creation of more enterprises can generate more employment opportunities both for the entrepreneurs and the employees. Availability of timely and adequate…
MUDRA Scheme for MSMEs (No collateral loans)
Just like a good educational background can assure a better standard of living, availability of timely and adequate funds at reasonable cost can improve the financial prospects of people intending to start small business or engaged in initial stages of…