Can Startups Apply for Unsecured Alternate Business Loans?

Can Startups Apply for Unsecured Alternate Business Loans?

Startups today constitute a significant part of the country’s economy. Never before have startups been supported by the government and press media as they are in support in the current decade, and things only seem to be getting better.

Many startups receive financial support from the governments in their initial phases. The support comes in the form of tax benefits, less expensive loans, limited liability terms about various factors, etc. But, not every startup ends up qualifying for or being able to reap the benefits of these loans. Furthermore, a few months down the line, most startup companies exhaust their initial funding support while they’re about to start making profits and this is when a little boost in funding not only helps the startup company survive but also helps it shine and prosper.

In such times, when most other loans may stop being an option, some alternate business loans may be the right choice. (more…)

Continue ReadingCan Startups Apply for Unsecured Alternate Business Loans?

How to Know Whether Your Lender is Genuine or Not

How to Know Whether Your Lender is Genuine or NotThese days, most industries see a lot of scamsters and con artists and make it difficult for people to believe genuine offerings. There is nothing different about this situation in the lending industry as well. Fraudulent lenders are not unheard of, which is why many people are reluctant about applying for a loan online. However, many a times online loans are the only way to get finances when in urgent need of money for one’s business. So how does one differentiate between a fraud and a genuine lender? May be these few tips may help you: (more…)

Continue ReadingHow to Know Whether Your Lender is Genuine or Not

Ways to Help Take your Business Forward During the Pandemic

Accept the Change:

Ways to Help Take your Business Forward During the PandemicIt is certain that the world has seen a sudden drastic change in various aspects due to the COVID-19 pandemic. There is no doubt that this has created a stressful atmosphere, especially for business owners due to the rapid downfall of the economy and the need to figure things out in a very limited timeframe.

Dreading the situation is unavoidable, but it is also important to accept and adapt to the change quickly in order to sustain. There is no particular solution to deal with this situation, but there are options and a business owner must choose the best possible one. While factoring in the law of the land and the various SOPs to be followed in order to avoid the disease, one should know and implement the best possible way of taking forward a business. (more…)

Continue ReadingWays to Help Take your Business Forward During the Pandemic

Safeguarding Your Business During A Pandemic Recession

Business During Pandemic Recession
There is now little doubt that a pandemic recession is expected across the globe. However, not every business gets affected in the same way.
There are sectors of business that thrive during a recession while there are some that get almost wiped out. Some business decisions can make a great impact, some can add efforts give no returns while some can be absolutely devastating. But, what has time taught us? This is neither the first recession nor the first global pandemic. And today more than ever before, we have a lot of data ready for reference, to understand what choices are likelier to benefit of safeguard a business during a global recession caused by a pandemic.

(more…)

Continue ReadingSafeguarding Your Business During A Pandemic Recession