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16Jul 2020

How FlexiLoans is helping small businesses during CORONAVIRUS Pandemic

COVID-19, the pandemic that has hampered the growth of the entire industrial world has majorly affected small businesses. The only question everyone is asking is how can these small business firms pick up the loose threads? Well, this is where FlexiLoans comes into the picture. FlexiLoans brings together diverse types of loans drafted specifically for …

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GST AND INFLATION IN INDIA
09Jun 2020

GST AND INFLATION IN INDIA

GST is going to be implemented on 1st July’17 and this has raised a lot of questions in people’s minds. Questions like: “What will become cheaper, what will become more expensive, which industries will get affected the most?” etc. have been looming around everyone’s minds. As we arrive closer to the date things seem to …

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30Mar 2020

Top reasons why your business needs a POS-based system

Point of Sales (or POS) transaction refers to the moment where the customer makes the payment against goods or services. This payment process can be completed via any of these mentioned methods, including payment via cash, credit cards, debit cards, mobile payments, loyalty points, and even gift cards. A study revealed that the POS transaction …

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TOP 5 REASONS TO GET YOUR BUSINESS GST CERTIFIED
24Dec 2019

TOP 5 REASONS TO GET YOUR BUSINESS GST CERTIFIED

Before the advent of GST, the tax structure of India used to be a complex one. Different taxes were levied on the businesses that demanded to be taken care of in various departments in different cycles. The criteria for tax payment also used to be different depending on the concerned state. It was especially detrimental …

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HOW BEING GST-COMPLIANT CAN INCREASE THE CHANCE OF GETTING A BUSINESS LOAN
23Sep 2019

HOW BEING GST-COMPLIANT CAN INCREASE THE CHANCE OF GETTING A BUSINESS LOAN

BE GST-COMPLIANT FOR A HIGHER PROBABILITY OF OBTAINING A BUSINESS LOAN: HERE’S HOW The recent-most tax reform, namely Goods and Services Tax (GST) has been conceptualized with the aim of increasing decentralization, increasing business opportunities and increasing the GDP of the country. Small and Medium Enterprises (SME) is a considerably large segment of the business …

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GST – THE KEY TO OBTAINING BUSINESS LOANS
19Sep 2019

GST – THE KEY TO OBTAINING BUSINESS LOANS

Introduction of GST, the Goods, and Services Tax has been the most dramatic and revolutionary tax reform in India. The debut of this comprehensive taxation system brought a huge impact on businesses across the nation. The Goods and Services Tax achieved the standardization of various indirect taxes levied by the State/UT and Central Governments. However, …

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26Jul 2019

GST MSME LOAN THE BEST CHOICE FOR SMALL BUSINESS OWNERS

MSMEs play an important role in augmenting the overall economic growth of the country. Whilst, promoting inclusive development MSMEs contribute towards driving the growth of various other sectors as well. In India, MSMEs constitute a wide network of around 63 million independent units. The contributions of these medium and small scale enterprises in increasing the …

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20Jun 2019

LINES OF CREDIT: NBFC VS. TRADITIONAL BANKS

Today markets have opened up a lot of funding opportunities for SMEs and MSME. With a plethora of loan options available at convenience, borrowers are often faced with a dilemma of choosing between a traditional bank and an NBFC. However, this issue is much of concern when a borrower opts to avail the business line of …

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