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How To Get a Small Business Loan To Boost Your Business After Lock down?

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The Covid-19 has certainly put most businesses on the backseat. In such situations, smaller companies have more problems to solve. One of the biggest challenges for small businesses would be the lack of finances, and the lockdown has also created hurdles for seamless business transactions. The Indian government has committed to providing generous relief packages to smaller businesses, and there is considerable support from financial institutions for SMBs. In other words, financial institutions are taking measures to offer loans to smaller companies who are unable to avail traditional business loans due to Covid-19 situation. Small Business Loans To Boost Businesses Post Lockdown Getting a small business loan in India is visibly increasing due to the excellent performance shown by SMBs across all sectors, be it manufacturing, IT, hospitality etc. With the prevailing covid-19 situation for businesses, small business owners do not have to worry about lack of finances and can avail smal...

What Is Project Financing and How to apply for Project Financing?

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https://bongyanfinancelimited.com Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. Project financing is a loan structure that relies primarily on the project's cash flow for repayment, with the project's assets, rights, and interests held as secondary collateral. Project finance is especially attractive to the private sector because companies can fund major projects off-balance sheet (OBS). Project finance was first used in 1299 when an Italian merchant bank provided the project financing to finance the development of English silver mines. England repaid the Italian merchant bank who funded the project with the output from the mines. Project financing has been used to finance thousands of projects since those silver mines, including such notable projects as the Panama Canal and North Sea oil platforms. Our Project Finance Learning Center incl...