123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Finance Working Capital With Low Business Credit Score

Profile Picture
By Author: Aanya Bhat
Total Articles: 4
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A stable source of working capital is hard to find and maintain, especially given the circumstances originating due to a long pandemic period. Many entrepreneurs wish to seek help from banking agencies, during these times, to avail business loans or finance capital for business payments, vendor payments, etc. But technical jargon like the “business credit score” often is a roadblock. A Business Credit Score is a measurement of the borrowing capacity or “creditworthiness” of a company. Measured in the widely accepted CIBIL standard, Indian MSMEs and entrepreneurs must have a satisfactory credit report (with a CIBIL score of 750 and above) to avail of working capital loans. Coupled with intensive documentation and the need for collateral assets, this has caused entrepreneurs to turn away from financial institutions and instead borrow money from informal sources (like friends & family). This may further lead to share dilution or an unwanted halt on their expansion dreams.
EnKash, India’s fastest-growing fintech platform, has come forth to your rescue. EnKash helps you avail of quick collateral-free working ...
... capital loans along with varied ways to finance working capital, such as through the EnKash Credit Card. Unlike traditional corporate credit cards, the EnKash Credit Card can be availed even with relatively low business credit score. Since we understand the diversity of the Indian market, entrepreneurs, and their unique needs, we have come up with innovative solutions and made sure to keep the process safe and hassle-free for all our users. With a 100% digital KYC and the minimum documentation work (with the facility to upload documents online), we issue your personalized corporate credit card in just a matter of minutes.
The EnKash credit card is also uniquely designed and can be used by all your employees with no special training. Being multi-user and with a WhatsApp tracking feature, Enkash Credit Card can be used by multiple employees yet without any risk of internal or external fraud, owing to its AI technology which offers monitoring options to an employer in real-time. To avail of your personalized corporate credit card at the comfort of your home, visit www.enkash.com

Total Views: 164Word Count: 351See All articles From Author

Add Comment

General Articles

1. Affects Of Caffeine On Dental: Benefits & Demerits
Author: Rosalina Wolf

2. How To Write Ignou Project On Time
Author: Ignou project

3. Future Of Nicotine Pouches In India: Key Manufacturers And Market Potential
Author: Zvol

4. Sports Betting App Development: A Complete Guide For Startups
Author: Gamingcrab

5. Accutane Vs. Other Acne Treatments: Which Is Better?
Author: Lisa Miracle

6. Unlock The Perfect Blend Of Luxury, Location, And Investment At A G Landmark Studio, Wakad, Pune
Author: Armaan

7. Revolutionizing Legal Marketing: 360 Lawfirm Marketer Introduces Next-level Digital Services In Ny
Author: Mitesh Patel

8. Andaman With Kids: Safe, Fun, And Exciting Family Packages
Author: Probin Das

9. Buying Flats In Sahu City Pearl: Your Ultimate Guide
Author: Star Estate

10. Circuits En Inde Et Culture Locale : Plongez Au Cœur Des Traditions Indiennes
Author: UTTAM

11. Purchase Best Quality Round Bar In India
Author: Shashwat Stainless Inc.

12. Mud Crab Farming
Author: astroaquaculture

13. Need A Third-party Pharma Manufacturer With Global Reach?
Author: Medmom Pharma

14. How Often Should You Clean Your Mini Split For Optimal Performance?
Author: Tim Harrison

15. Critical Safety Technology For Vehicles
Author: Sandra McCall

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: