What is Overdraft Account?
You incur debt when you use your overdraft (also known as "going into your overdraft"). People should only use overdraft accounts for short-term borrowing or emergencies. It's critical to manage an overdraft account like any other debt and keep [...]
What is Pavala Vaddi MSME Scheme Andhra?
The Andhra Pradesh government (Ministry of Finance) launched the Pavala Vaddi MSME scheme. Aiming to provide interest subsidies on bank loans earned by self-help groups in the state. The scheme aims to lower the cost of starting new micro [...]
What is Startup Punjab Scheme?
The economy of a state is heavily reliant on creativity and entrepreneurship. The state of Punjab has a reputation for being a leader in terms of overall prosperity and development. Industry, agriculture, education, health, literature, sports, arts, and culture [...]
What is Term Loan: Types, Eligibility, Documents
Term loans are loans that are of a fixed amount distributed by the banks or NBFC to entrepreneurs. At the same time, entrepreneurs can use it for capital expenditure and expansion of business with fixed and floating rates of [...]
What is the difference between liability and debt?
Debt majorly refers to the money you borrowed, but liabilities are your financial responsibilities. At times debt can represent liability, but not all debt is a liability. Liability vs Debt is a vital part of any business that wants [...]
What is Unsecured Business Loan?
Unsecured business loans are an excellent funding opportunity for businesses that don’t own many assets. This loan doesn’t require collateral security to submit to the bank or NBFC. A secured loan uses assets as security, which means if things [...]
Which are the Best Low Investment Business Ideas?
Not all the business require huge capital to start with. Putting your business ideas into reality and making them happen is the hard side. Entrepreneurs struggle to find investments and ideas to kick start their business. Governments encourage individuals [...]
Which Business Expenses to be Tracked?
If you are just commencing your business or if you are looking to expand soon, you need to track your business expenses. Tracking business expenses will help you minimize your taxable income, but it will also help you control [...]
Which loan scheme is best for business?
The requirement for funds varies for each business. As per the type of business, the scale of operation, repayment capability, amount of fund required may change. Business entity faces a lot of difficulties to get the right kind of [...]
Why do you need a GST Invoice: Advantages of GST Invoice
Maintaining a successful business requires a great deal of skill, expertise, and aptitude. However, you still require more than that. To operate a business, you must also have a solid understanding of the GST system of taxation. Finline explains [...]
Why do you really need a Project Report?
The world has changed a lot since the idea of a project report was formalized decades ago. Things move much faster now and it’s easier than ever to get a business started. So, it’s rational to think that startups [...]
Working Capital Loan
Working Capital Loan is a type of short-term loan availed by firms for their daily operational expenses. They support the businesses to become more focused on their growth and generate capital. These loans in India have become popular among [...]