Secured vs Unsecured Business Loans: Risk, Responsibility, and Suitability
Let us say you have been running your business for a few years now. The orders are pouring in, your customer base is growing, and suddenly, you realise that you need money to scale. Maybe it is for a new machine, for hiring more hands, or just to manage the gap between paying your suppliers […]
Lendingkart Instant Business Loans Business loans for startups are a difficult thing to achieve. For existing businesses, the story is different. A business can apply for a working capital loan based on its age and turnover. Banks have been the usual go-to option for people and businesses for getting financial aid. Alternative digital lenders
From filing your monthly returns and registering complaints to checking your PF and exploring different social security schemes, an EPF portal comes in handy for a variety of purposes for employees and employers. However, to seamlessly access the online portal, having a UAN or Universal Account Number has become crucial. By adding UAN, individuals
Loans and credit facilities from financial institutions often come with multiple charges. Some lenders disclose their online loan fees and charges transparently, whereas others keep them hidden or vague. These hidden loan charges can become a significant issue, particularly if businesses are unprepared to address them. For small and medium-sized enterprises (SMEs) and startups,
Introduction to Digital Business Loans for SMEs in India Digital business loans in India are a type of business credit facility that is easily accessible digitally. The entire process, from application to loan amount credit, happens online. Even digital loan repayment is a seamless online process. This means business entities have more flexibility and
The Indian financial landscape underwent a significant transformation in the recent past thanks to the advent of digital business lending. It not only made access to credit easier but also changed the way loans are evaluated, processed and disbursed. Digital lending in India is now undergoing another major shift once again in how credit
The world of digital lending is evolving at breakneck speed. With the explosion of digital data and sophisticated algorithms, financial institutions are now embracing predictive analytics as a core strategy for loan default prediction. This shift is particularly crucial in India’s growing fintech ecosystem, where accurate credit risk analytics can determine the success or
The financial ecosystem of India has evolved significantly in recent years. Lending, especially, has taken more of a digital-first approach. However, while online lending has made access to funding more convenient, it has also introduced risks like identity theft, data breaches and scams. As a business owner applying for credit online, the responsibility falls
Top Loan Management Apps in India for EMI Tracking & Repayment
Introduction: Why You Need a Loan Management App Today In today’s fast-paced world, juggling loan payments is a headache. Fortunately, A loan management app makes tracking EMIs simple and stress-free, especially when paired with a reliable loan repayment app. Instead of sticky notes and spreadsheets, you can use a loan repayment app or EMI
How Voice Biometrics Are Enabling Secure Loan Applications in Rural India
Introduction Farmers and artisans scattered across rural India are finding it easier to secure micro-loans now thanks to voice biometrics in their villages. Instead of carrying voter cards or scrolling through unfamiliar phone menus, a farmer speaks a few words into the handset and the loan app springs into action. Banks rely on the
Over the years, access to credit facilities has seen an uptick in India. As a matter of fact, the credit space has become fiercely competitive with traditional banking institutions, non-banking financial companies (NBFCs) and digital lenders, all trying to capture market share. If you are planning to enter this crowded space, you must have
