Author: Small Enterprise India

In the ball game of Business in the Indian perspective the need to acquire, invest and diversify funds meets a huge part of financing roles of the Management of any Business. Big tycoons and business giants tends to chuck out funds from diversified sources and also provide good support to the lenders in the long run of doing business. At this point the Small and Medium Enterprises (SME) and Small Scale Industries (SSI) find it difficult to curb out the funding or the minimum finances required for their various activities…

India has about 60 million+ Micro Small and Medium Enterprises, including registered and unregistered ones. SMEs have contributed about 40% of total manufacturing and 34% of total exports to the Indian Economy. They have become crucial; to the country’s economic growth, leading to employment generation and entrepreneurial development. SMEs are heavily reliant on debts to fulfil their start-up needs, cash flow and investment needs. Therefore, bank lending becomes the most common source of external finance for many SMEs. The government has taken a variety of measures to support SME access…

Small and Medium size Enterprises may be a new term in economics, but it is an ancient system in its existence. It starts from earlier small-scale animal husbandry or dairy farming to making mechanical parts. All are perfect examples of SMEs. In the present time, ancient enterprises are progressing and presented in a more polished way. The SME industry is growing daily and plays a vital role in the national economy. And it will perform well on global industrial platforms too. A good source of capital is the basic need…

We all know the idiom “if there is a will, there is a way” this will be the only mantra for the small-scale industrialists to make it bigger. Determination and challenges are essential to survive in our highly competitive business industry. First, we must keep faith within to conquer our target. Let’s look closely at the life of business tycoons. We get similar things rather than a wish and will: hard work, proper business strategy, and goodwill. It is a challenging motto to establish own business and its sustainability. There…

For SMEs, access to finance is a significant challenge. They need affordable lending solutions, improved credit risk scoring, and less friction. But banks often fall short of these objectives. While each of these approaches has merit, if they fail to commit to one main approach, the result is a hybrid. Banks should focus on the unique challenges faced by SMEs to meet their funding needs. Listed below are four ways to improve bank offerings for SMEs. SMEs struggle to access finance. SMEs across India face significant challenges when it comes…