The self-employed can struggle to secure a funding source because of a lack of a stable source of income. Irregular income is what makes a lender reluctant to sign off on your application. Whether you borrow money from a bank or a private lender, you will undoubtedly face complications when taking out a business loan. …
Continue reading “Loan Options You Can Consider as a Self-employed”
Running a business is a constant struggle. Apart from managing marketing, inventory update, and meetings, one should analyse and understand working capital needs. Working capital is the company’s current assets – accounts, receivable/ customers unpaid bills, assets, inventory of raw goods and goods minus current liabilities- like account payables and debts. Seeking growth under tight …
Continue reading “Top 5 parameters lenders seek to approve working capital loan”
It is an unfortunate scenario when you have to continue business operations with low working capital. Not to mention, this is a situation when both management and employees begin to panic. If no action is done forthwith to be in the driving seat, your employees will leave you like rats leaving a sinking ship, and …
Continue reading “Tips for Managing a Business with Low Working Capital”
What is the need for a separate loan arrangement for women entrepreneurs? It is because the financial challenges are typically different in the case of female business owners. Moreover, if everyone has to apply for one common loan, finance providers might show a reluctant attitude to offer financial assistance to women-run businesses. Getting access to …
Continue reading “Compulsion-free borrowing experience for women in busines”
