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 […]
Metropolitan cities across India have long emerged as major markets of global brands. Tier 2 and Tier 3 cities have, as a result, begun to take over as the ideal market for Indian entrepreneurs, especially women entrepreneurs. For women-led startups, tier 2 and tier 3 cities offer enormous growth opportunities and lesser competition compared
The contribution of micro, small and medium-sized enterprises (MSMEs) to the Indian economy, cannot be stated enough. They contribute roughly 33% of the country’s total gross domestic product (GDP) and 45% of the manufacturing output, making them a vital cog in the nation’s development wheel. However, despite their contribution, many MSMEs still find it
Over the past few years, access to the internet has become widespread. As a result, the banking and lending landscape has also pivoted towards digitisation. For entrepreneurs, securing an online business loan has become simpler than ever. Unlike conventional banking methods, the digital loan process is far more streamlined and prioritises speed and convenience.
Launching a startup is on every aspiring entrepreneur’s bucket list. If you, too, want to start your own business, you need to make several decisions before you actually take the first step. Top among these is deciding the business structure for your startup. Do you want to run your venture as a partnership firm,
The world is moving online thanks to rising internet penetration. Businesses are now increasingly focusing on their digital presence, with the aim of delivering their products and services to their customers through the internet. In such circumstances, a strong online presence is crucial as it gives your small business credibility and helps you compete
The financial landscape in India has evolved to make lending and borrowing simpler than ever. Whether it is a personal loan or corporate loan, there are robust options available. Amongst others, a retail loan has gained wide popularity due to easy access and competitive interest rates. Retail loans stand as a key player in
