What is LAP? Loan against property is a loan which you avail by keeping your commercial/residential/industrial property as collateral. It is also called a secured loan as the property owned by the applicant is the security for this loan. The amount of potential loan will be sanctioned depending upon the value of your property. LAP …
While the Covid-19 pandemic has had a drastic impact on the economy and businesses of all sizes, however there is likely to be a silver lining as well. The post Covid 19 world will require businesses to operate differently, even governments around the world are likely to increase their spending on infrastructure, healthcare, and public …
The present credit market provides a loan seeker with several credit products. Loan against property gives you access to direct funds by keeping your property as collateral. A long repayment term and low interest rate makes LAP a popular choice. Loan Against Property: Today, in the real estate market, any property is an asset. One …
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 brand new machines. However, buying and selling machines can be quite a tiresome process. Right from finding the right seller to …
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 suits your budget as well as necessity. But how do you make sure that you’re getting the best value for your …
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. Credit lenders rely on CIBIL score to determine if an entrepreneur is worthy of availing credit. If theirCIBIL score is below …
Did you know that the energy produced by sunrays in one hour could meet the global energy needs for one year? Solar energy is available in abundance and thanks to innovations in technology, we can now harness even more of the solar energy that is endlessly available to us. Utilizing this power by installing solar …
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 is on the verge of a recession and financial knowledge and understanding becomes even more vital during these times. Business people …
Many successful companies watch their working capital closely – and with good reason. It is one of the best indicators of a company’s financial well-being and its cheapest source of finance. Among the three most important business elements of cash flow, growth and profitability, many business leaders consider cash flow as the true barometer of …
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 of the business. At the same time, an increase in demand requires purchase of new machinery and equipment. A machine loan …
