While supply chain financing has been around for several years, there has been a recent spike in the number of players in this industry, given the wider adoption. Companies worldwide are reaping rewards of such programs with improved cash flows and supply chain partner stability, leading to higher acceptance. The right SCF partner complements you… Continue reading What you should look for while selecting a Supply Chain Finance Partner for your company?
The Coronavirus outbreak has caused widespread disruption to global trade. As per a survey conducted by the Institute for Supply Chain Management, nearly 75 percent of companies face supply chain disruptions within just 6 months of COVID-19 The consequences of business disruption and extended lockdowns have led to an acute financial crunch right down to… Continue reading Can Supply Chain Financing be the solution to companies struggling with COVID-19 consequences?
SMEs occupy a major chunk of the economy of our country, and their numbers simply tend to increase with each passing year. Setting up a business from scratch and running it can be an arduous task and it comes with its own set of challenges. Amidst these difficulties, you have to make sure you take… Continue reading Common but avoidable mistakes made by SMEs
The survival of a business, especially a small business, largely, if not solely, depends on healthy cash flow. At times, a business may be unable to generate sufficient revenue to match up to its ongoing expenditures or may need funds to expand or for bearing other costs. Usually in such cases, a business has to… Continue reading Why small businesses prefer unsecured loans?
Small businesses are gradually moving towards choosing online lending options rather than taking loans from traditional financial institutions. The various benefits provided by them are making them a preferred option. Here are the reasons why: No excessive paperwork When small business apply for loans to firms who provide online lending options, the process is usually… Continue reading Why online lending is preferred by SMEs?
Choose the right one for your business! When SMEs fall short of funds for running their business and require working capital to keep their boat afloat, the easiest way of acquiring funds is to obtain loans. It completely depends on the businessmen which lending option would prove to be most desirable for them- small lenders,… Continue reading Secured or unsecured loans?
When the balance amount in your credit/debit card starts dwindling at the end of the month and the number of notes begin to disappear one by one from your wallet, is when reality hits you in your face and you know its time you start spending wisely. Here are some hacks to ensure your survive the ‘being broke’ storm. You can thank us later! Make sure you don’t overspend: This… Continue reading Hacks to sail through a shoestring budget