Here's the recent articles submitted by aanya bhat
Articles By aanya bhat
Finance Working Capital With Enkash Credit Card
By: aanya bhat
Enkash is a digital payment platform that helps SMBs by offering collateral-free working capital loans to simplify their daily expenses with Enkash Credit Card(read
entire article)
View : 195 Times
Category : Investing / Finance
Get Easy Working Capital Loans With Enkash Credit Card
By: aanya bhat
Enkash is a digital payment platform that helps SMBs by offering collateral-free working capital loans to simplify their daily expenses with Enkash Credit Card(read
entire article)
View : 193 Times
Category : Investing / Finance
Ways To Get A Working Capital Loan With A Low Credit Score
By: aanya bhat
When applying for a business loan like the working capital loan, your “business credit score” is of prime importance. Business credit score objectively defines the creditworthiness of a company and helps banking agencies & non-banking credit providers analyze the risks of lending money to any business. Business scores are measured across various standards, the most popular being the CIBIL score in India. A good credit score (700-900 CIBIL score) helps avail corporate facilities & working capital loans with ease. But for those without a credit history (usually for the newer start-ups) or with a poor credit score, availing business loans or even a corporate credit card can be nightmarish. Add to it the pandemic havoc and consequent stagflation projecting a dim future for our entrepreneurs. This has also led many Indian MSMEs to struggle with business payments and financing working capital for sustenance. To boost the economy and help small and medium entrepreneurs with finances, India's fastest growing fintech platform, EnKash, has launched a series of corporate cards like the EnKash Credit card. The unique feature is its availability to even those with a low credit score. A Corporate Credit Card is essentially a multi-user credit card issued by the employer to its employees for business payments and related expenses. It has multiple uses and employer benefits and helps your day-to-day business finance needs (“working capital”), without raising impractical business loans.(read
entire article)
View : 149 Times
Category : General
Finance Working Capital With Low Business Credit Score
By: aanya bhat
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.(read
entire article)
View : 141 Times
Category : General
