CRISIL Research forecasts 11% compound annual growth rate (CAGR) in lending to micro, small and medium enterprises (MSME) in India, over the next two fiscals, way faster than the ~7% growth anticipated in bank credit to India Inc. The independent
The advancement in financial technologies (fintech) enables small business owners to choose from a wide range of business loan products. The business loan products help entrepreneurs to run and expand their small businesses without sacrificing ownership or control. But a
The entrepreneurs nowadays have option to obtain money to set up, run, and expand businesses through a variety of loan products. Some of these small business loan products are conventional, whereas others are modern and technology driven. Many enterprises prefer
In India, both banks and non-banking financial companies (NBFCs) provide different types of loan products to the small and medium enterprises (SME). Some of these loan products are collateral-free, whereas others require the borrower to pledge his personal or business
Many entrepreneurs nowadays opt for franchise business to set up businesses can leverage a big business network and existing customer base. But the entrepreneurs have to invest funds to buy the franchise, purchase products, and set up the franchise business.
In 2017, small businesses in India had to sustain growth by eliminating impacts of demonetization and goods and services tax (GST) implementation. Recently, the World Bank predicted that Indian economy will grow at 7.3% in 2018-19. Hence, the small enterprises
In India, entrepreneurs have option to choose from a wide range of secured and unsecured business loan products. Some of these business financing options are conventional, whereas others are modern and technology-driven. Likewise, the business loan products differ from each