What are the Credit Score Requirements for Credit Card Approval?

There are 4 credit bureaus in India but the credit score provided by Credit Information Bureau (India) Limited or CIBIL is the one considered by more than 2,400 financial institutions. The credit or CIBIL score they provide is based on the Credit Information Report (CIR). The CIR contains personal information, credit utilisation, numbers of enquiries, credit mix, and several other details of a creditor as forwarded by a lender. The CIBIL score ranges from 300 to 900 and is dependent on how sound the CIR is. Generally, a score above…

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Ease Your Debt This Diwali With Loan Against Property

As you go through life, you find there are a few moments when you need to take a leap of faith. Only then can you achieve greater success and glory. For instance, you may have started a business. But, to steer the company through its initial stages, you have racked up numerous debts, due to which the company is mired in multiple debts. To ease the situation, you need a large capital inflow. However, the only option you can foresee to get out of debt is to sell your house.…

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Managing your Hi-Tech Engineering Business – 4 Factors That You Should Take Care of

Today, advanced technology has become an integral part of so many different industries. Hi-tech engineering businesses are getting involved in industries ranging from food packaging to oil extraction. However, to keep pace with modern technology’s breakneck speed, these high-tech companies require strong leadership, focus on R&D, strong working capital and a better cash flow management tips for engineers running a firm. While a business loan for engineers can help you tackle the fiscal deficit, you must take care of the other factors to effectively manage your hi-tech engineering business. Let’s…

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What Are the Biggest Challenges that MSMEs Face in India?

The MSME stands for Micro, Small and Medium Enterprises, whose business requires the investment into plant & machinery or equipment. The business could be a manufacturing unit or a service unit. As far as it involves investment into plant & machinery or equipment, it can be classified under MSME within the certain limits of investment. The biggest challenges MSMEs face is to arrange finance for machinery or equipment. Having limited resources, the means to finance the equipment are also limited. What is MSME Loan The key takeaway of the MSME…

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Know – Is loan against shares are right for you?

Money is power in today’s time and has been a power since time immemorial. Yes, money is not everything but holds importance in many occasions and time. Sometimes, there could be situations that may demand an immediate flow of money, and you may not want to resort to a higher interest rate based lending instruments. In the same context, when you apply for a loan against shares, you may be able to grab a higher amount as the loan value at a lower rate. Since your collateral, in this case,…

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The Benefits of Self Storage Units

Self storage facilities are great space saving solutions because of their affordability. Getting a single unit is more affordable than renting additional office space which costs double or even triple than the monthly rates charged by self storage providers. So even in the long term, this is still a cost effective solution. Your business can save hundreds or even thousands of dollars if you utilize these rental units instead. 1) Economical: These storing units are very convenient for small or medium businesses as they do not need to execute long…

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Business life and numbers should always be distinct

A virtual phone number also called as direct inward dialing is a technology.  These days’ virtual phone numbers are preferred over and above the personal mobile lines for business. Although these personal lines are easy to set up, affordable, convenient but it is rightly said getting out of the comfort zone always helps, so it is acceptable at the initial stages of the business but gradually we have to adapt according to the changing business environment. Why Personal phone numbers should always be kept for personal use and not for…

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Advantages of Biotechnology for the developing nations

World Food Day is celebrated all over the world in order to rejoice the gigantic thriving and abundance of food that people appreciate, but additionally not all individuals around the globe appreciate a similar abundant sustenance supply that people do in Spain. In spite of real walks in fighting hunger in the course of the most recent 3 decades, millions of individuals go to bed on an unfilled stomach day by day, and there are thousands hunger related passing’s consistently. Around the world, one out of three kids is underweight,…

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