In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
Working Capital Demand Peaks in December: Smart Ways for MSMEs to Manage Cash Flow
From the bustling wedding markets to the holiday shopping, December is often the busiest month of the year for many sectors. While sales figures might look great on paper, the money required to fulfil those orders, to buy raw materials, pay extra staff, and manage logistics, needs to be spent now. This gap between
Responsible Lending in India: What RBI’s New Digital Lending Guidelines Mean for Borrowers
For many in India, hidden fees that pile up like a mountain, aggressive recovery agents calling at odd hours, and apps that snoop through contact lists have increasingly become an issue. Recognising these dangers, the Reserve Bank of India (RBI) stepped in to clean up the mess. They introduced a framework of RBI digital
Let’s say you have the perfect plan for your dream venture. You’ve done your research, crafted a solid business plan, and all you need is a little financial boost to get started. You confidently apply for one of the many start up business loans available, only to receive a rejection email a few days
Let’s say you have the perfect plan for your dream venture. You’ve done your research, crafted a solid business plan, and all you need is a little financial boost to get started. You confidently apply for one of the many start up business loans available, only to receive a rejection email a few days
For anyone running a business in India, be it a shop owner, manufacturer, online seller, trader, or new entrepreneur, it’s important to understand what is HSN code in GST and how it works. One of the most essential components of the GST system is the HSN Code. Yet many people still wonder what is
You’ve done it. You’ve taken the exciting leap into the world of business. Your product is ready, your service is polished, and you’re buzzing with energy to make your mark. Your next logical step is to get your business officially recognised by the government, so you head to the MSME Udyam registration portal. You
