An  unsecured business loan  is a short-term funding solution which does not require personal or business assets as security, but is rather based on the financial history and cash-flow of the business, and the credit worthiness of the business and its promoters. As the risk for the lender is higher than in any asset or collateral-backed loans, the Interest rate for an  unsecured business loan  is higher than the interest rate on  SME Loan  which is backed by a primary security (machine, equipment, stock, book debts), and additionally by either collateral security (real estate property) and personal guarantee of promoters & third parties, or guaranteed under a  Credit Guarantee Scheme . In addition to higher interest rates, the loan repayment tenure is also much shorter for an  unsecured business loan  as compared to an  SME Loan  because of the higher risk of default over a longer period of time. IS AN  UNSECU...

Buying a home can be stressful for first time home buyers, more so if you have to take a home loan. Depending upon the type of house you are planning to purchase, you may require a home loan for one of the following purposes: 1. Buying an under-construction, finished or re-sale house (flat, row house, bungalow); 2. Purchase of plot and construction thereof; 3. Construction of flat on an already purchased plot; 4. Home extension, improvement or renovation; and 5. Balance transfer with some top-up for repairs or home improvement HOW AN INDIAN STARTUP IS MAKING TAKING A HOME LOAN BENEFICIAL: An Indian startup,  http://asaanhomeloan.com  is helping home buyers make an informed decision about the most suitable home loan option available, and earn cashback after disbursement of the loan. http://asaanhomeloan.com  offers up to 0.20% of the loan amount as cashback for loans processed through the platform from any partner Bank or NBFC. The loans are processed has...

On a regular day when you are busting your butt off at work, or over the weekend when you are drowning yourself in your favourite poison after a long and difficult week at work — and then it suddenly hits you. You have an idea which can solve a problem and grow into a sustainable business, or get you a profitable exit. Your AHA moment!! Source HOW DO YOU BOOTSTRAP A NEW BUSINESS WITHOUT TAKING A MASSIVE FINANCIAL HIT? You’ve been bitten by the entrepreneurial bug and your days as a salaried employee could be limited. The next obvious thing for you is to figure out how to start building your business, without quitting your job. Based on my personal experience of bootstrapping a startup 12 months ago, here’s what you should follow: Start with figuring out how much money you are going to need for all your necessary personal expenses (essentials, rent / EMI, travel, etc) for 12 months (or 18 months or 6 months, depending on how long you want to try out and risk before tak...