How to improve your credit score for a business loan
Both your personal credit score and business credit score are considered when applying for a business loan. The credit score of the relevant fields reflects how creditworthy a borrower is. …
Author: Sudip Dey
What would the Union Budget of 2023 hold for MSMEs?
The Budget 2023-24 is being presented by the union minister of finance Nirmala Sitharaman. Meanwhile, myriads of memoranda have been presented to the ministry or are in the process of …
Everything you need to know about UpScale’s E-Invoicing Solution
E-invoicing is nothing but the digital version of your traditional invoice, which is prepared in a pre-defined format and authenticated by the Goods and Services Tax Network (GSTN). Invoices made …
Everything you need to know about E-Invoicing
If your business had an aggregate turnover of more than INR 10 crores in any preceding FY from 2017–18 onward, you must generate electronic invoices for all B2B transactions under …
Impact of digital lending on SME cash flow
Digital lending is the new buzzword in town, with both the numbers of loans and the total disbursement amount seeing sharp growth during Q2 of the current fiscal year. According …
A comprehensive guide to invoice financing for SMEs
Invoice financing or invoice discounting, or accounts receivable financing, is a concept that is slowly gaining traction in the SME space in India. In stark contrast to their larger counterparts, …
A complete guide to UpScale’s lending solutions
Digital lending is helping SMEs across India access credit in a timely and convenient manner. UpScale, the all-in-one business growth app from CredAble, is a part of this revolution that …
How digital lending is opening new horizons for Indian SMEs
The term “digital lending” is used to describe the practice of obtaining a loan entirely online. Everything from filling out the loan application to receiving the money by the borrower …
How co-lending can boost credit flow to SMEs
Can co-lending boost the credit flow to one of the most important contributors to India’s economic and social growth, that is, the country’s MSME sector? The industry’s growing significance may …
RBI’s new digital lending guidelines: How will borrowers benefit?
To make sure the interests of the borrowers are protected, and the money cycle takes place through legitimate apps with a genuine KYC structure and audit mechanism, the Reserve Bank …