6 Things You Must Know About Working Capital Loans
Many businesses have a low revenue period that comes around every year. This could be either due to the changes in seasonal demands or weather. Businesses have to make a plan to help cover their day-to-day costs, pay the employees’...
Do’s and Don’ts of Business Loan
Starting a business is always challenging; you must manage, coordinate, and consider many things simultaneously. Financing your business must be the top priority. A business loan can be a great potential source of capital for a small business, as banks...
Documents Needed For Loan Against Property (LAP)
By admin | December 7, 2021 Nowadays, if one is crunched for money, there are many options available such as unsecured loans – personal loan – and secured loans – loan against property. Both these loans allow the spender a...
Procuring Raw Material Online Got A Whole Lot Easier
By admin | March 19, 2021 Sometimes procuring materials from vendors and also finding trusted vendors with quality products can be quite a tedious task. Two trusted specialists in the industry, EFL Connections and Power2SME are coming together to make...
Importance of a Good CIBIL Score
By admin | March 2, 2020 CIBIL score plays a very critical role in a businessman’s financial journey. It is a huge database of borrower information that lenders share with each other to safeguard themselves from potentially lending to defaulters....
Things you need to know about Equipment Loan/Machine Loan
By admin | August 30, 2019 For a small business, primarily one into manufacturing and production, machinery and equipment are the heart of operations. Older machinery and equipment need to be upgraded periodically to maintain and increase the production capacity...