Business credit is used for business-related purposes such as securing financing for operations, purchasing inventory, leasing equipment, or expanding the business.
The Pradhan Mantri Mudra Yojana (PMMY) supports small enterprises with loans categorized into Shishu, Kishor, and Tarun, ranging from Rs. 50,000 to Rs. 10,00,000. Eligible entities include individuals, partnerships, and companies involved in income-generating activities.
Overview
The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the
There are various funding options available for businesses, and the right option will depend on the needs and circumstances of the business. Here are some common funding options:
1. Bootstrapping: This is a
What is Balance Sheet in Accounting?
A balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time. It provides a snapshot
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