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 […]
The entire financial system, from the smallest local bank to the largest global institution, is built on a foundation of trust and a continuous flow of capital. Banks act as the heart of the economy, pumping funds from savers to borrowers to fuel investment, innovation, and growth. But what happens when that flow is
How Business Loan EMI Bounce Affects the Creditworthiness of Businesses
When an MSME business owner borrows funds for day-to-day business operations or expansion, they are expected to repay the amount in monthly installments spread over the agreed-upon loan tenure. However, sometimes MSMEs may miss EMI payments due to insufficient balance in their accounts. When an EMI bounce occurs, it brings some serious repercussions for
In India, borrowers can choose different financing options to suit their funding requirements. From unsecured personal loans to secured gold loans and home loans – borrowers can meet specific finance deficits with different types of loans. While unsecured loans are sanctioned with asset pledging, secured loans come with a collateral requirement. For secured loans,
The introduction of ‘digital’ space in India has indeed redefined how we manage our money; be it shopping, investing, or handling regular payments. However, with convenience comes complexity. Managing recurring payments for subscriptions, loans, or bills can turn into a headache in no time, without the right tools. That’s exactly where systems like e-nach
The large and diverse hotel industry in India has witnessed a significant shift in consumer preferences. Today, travellers seek immersive experiences, personalised services, and distinctive stays. Post the challenges posed by the global pandemic, the hospitality sector is undergoing a transformation, adapting to new norms and heightened hygiene standards. As the industry revives, the
Businesses need to spend more to keep operations running smoothly and ensure the profitability of the enterprise. Both capital expenditures and revenue expenditures are two categories of business expenses commonly incurred by companies. While both fall under the expense umbrella, there are also definitive differences between capital and revenue expenses. Capital expenditures are funds
