SMEs & Audit: The small and medium enterprises (SMEs) are the backbone to transform India into a developed nation. They are the defibrillators for talent, innovation. Creativity and entrepreneurial spirit which is essential for a nation like India to...
The Small, Micro, and Medium Enterprises (SMEs) sector is vital to the economy of India. With millions of enterprises in various industries, it employs a vast population of several people. The SMEs sector includes major women-guided enterprises and multiple...
Our institution has this habit of always neglecting Small and medium enterprises from the major access of financing them at a rational cost. However, nowadays linking borrowers with lenders have now become very common and people are trying their...
It’s true to say that small, medium and micro enterprises (SMEs) have always been the backbone of the Indian economy from the starting and secondary sector in later. Role of SMEs in the economic development of India like SMEs...
Staring a new business in today’s world is not at all easy. Studies have proved that people who try to create a startup usually fail due to lack of funding. Also, a recent study has concluded that more than...
India has been the fastest developing economy globally. This has been high, possibly because, the lending scenario of Indian banks for SME sector, are flourishing enormously and contributing significantly to the Indian economy. They have been generating employment opportunities...
Flexiloan, an online financing platform, based out of Mumbai and provides the small and medium-sized enterprises with unsecured working capital loans. It was founded in November 2015 and integrated in 2016.
Lending process in a Flexiloan is entirely online. It...
SME's are developing rapidly and flourishing enormously worldwide. Since its initiation and establishment, there some extremely important and basic requirements to be met and adopted and funding issues to be solved. These requirements include; infrastructure and employment requirements, a...
SME is the small and medium enterprises that have come a long way and is now on the verge of the rise in the market. We should know how digital lending will transform the SME landscape. Earlier, SME was...
As defined by the Indian Union, SMEs stand for Small and Medium-sized enterprises employing less than 250 people and having an annual turnover not exceeding 50 million Indians. Despite them representing over 99% of the businesses in the Indian...