Meaning, Factors and Best ways to Bill Discounting

Bill discounting is a source of working capital finance for the seller, who is providing goods on credit. It is an arrangement between the seller and a financial institution. Here the seller sells the sales bill to the institution before it becomes due. This institution would provide a discounted amount for holding on to the bill until it becomes due. Once due, the institution recovers the amount from the buyer. Generally, the bank or other institutions provide for 80% of the invoices, those are maturing within 90 days. In the world of start-ups, [...]

By |2019-08-21T07:39:03+00:00April 23rd, 2019|Business Loan, loan|Comments Off on Meaning, Factors and Best ways to Bill Discounting

A list of top leading Small banks and Payment banks

What are  Small banks and Payment banks The Small banks and Payment banks are license banks which are approved by RBI. Both are the illustrations of differentiated banks. In fact, they are expanded to widen financial involvement to small sectors and small households. Even they render services to the local people such as farmer and migrant workers. Small banks  They are a kind of banks render basic banking services of lending and bank deposits to small and limited farmers, small business unit, unorganized sectors, small entity, and micro industries. Payment [...]

By |2019-04-02T11:15:43+00:00April 2nd, 2019|loan|Comments Off on A list of top leading Small banks and Payment banks

How to become Loan Agent ?

Loan Agent agent is the one who helps you to secure a loan in your need, connects you with Lender and does all the primary checks, collects all the required documents and he verifies and makes sure that the provided documents are correct and genuine. Eligibility Criteria There is no such educational requirement to be a Loan Agent whether you are a working professional or a business owner you can become Loan agent. To know more about the business associate opportunity Click here. Benefits A Loan Agent will avail [...]

By |2019-08-20T05:43:23+00:00July 9th, 2018|loan|0 Comments