Machinery Loan: 7 Tips You Should Know Buying Second Hand Machinery
By admin | March 19, 2021 Most people find it easy to purchase new equipment or machinery as and when required. But what if you have limited financial resources or what if you aren’t looking to keep or use it...
Factors to Consider When Buying Raw Materials
By admin | March 19, 2021 What are raw materials? Raw materials, unprocessed materials, primary commodities or feedstock are the base materials used to produce goods. After several intermediary processes of treating basic materials future finished products are produced. EFL Connections...
A Beginner’s Guide to avail a Quick Machine Loan
By admin | January 22, 2021 A micro or a small business, especially a manufacturing business, needs machinery and equipment running smoothly to complete their manufacturing target and cater to their customers’ demands. However, there are times when the manufacturing...
How does business loan against property work for small and medium businesses?
By admin | November 30, 2020 No one can ever tell when and how there will come a time when your business will face an urgency of funds to overcome any financial challenge. Times like these are uninvited guests who...
Financial Management during Business Downfall
By admin | November 26, 2019 While we can’t predict the future, we can learn lessons from history: what actions successful companies take during and after the downswing. The economy keeps facing ups and downs frequently. Currently, the Indian economy...
Online Machine Marketplaces
By admin | March 19, 2020 Used and refurbished machines have a definite market today. Machine marketplaces allow you to find buyers and sellers for used or refurbished machines, allowing you to reap the benefits of better prices compared to...
Used Machinery Buying Guide
By admin | March 12, 2020 Whether you’re starting a business from the ground up or expanding your existing enterprise, buying new machinery may not always be feasible. The best middle way is to look for a used machine that...
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...