What’s worse than being in desperate need of a business loan only to be denied because your debt service coverage ratio is too high? Not knowing what it is at all! It’s hard enough to pull together all the information and fill out forms to ...
Funding Your New Business
Starting a new business from the ground up is both rewarding and exciting. You get to set your own hours and run the business your way without having to answer to anyone else. Unfortunately, one of the drawbacks to owning your own business ...
Brace for Paying Higher EMIs as Repo Rate Rises
The Reserve Bank of India (RBI) has recently hiked its repo rate (a rate at which the Central bank lends to financial institutions) and it is set to increase home loan EMIs. Yes, you read that correct! Your equated monthly installments ...
6 Ways to Reduce the Interest Rate on Your Small Business Loan
Being prone to financial crises is one of the most common issues that small businesses have to tackle. Furthermore, severe market competition can lead to instability in revenues and the working capital. Also, those who are looking to set up ...
Everything You Need to Know About Cryptocurrency Security
Bitcoin and other common cryptocurrencies have gained significant traction in popularity in recent times, but amidst all the hype, there should be no doubt in any investor’s mind that security should be a forefront concern. We all like ...
Good Financial Habits to Develop in Your Twenties
The vast majority of income earners struggle with debt and similar financial issues. While some of us keep sinking deeper into debt, others gradually manage to get out of it. Ideally, you should be in the latter group. If you are worried ...
When Should One Go for a Medical Loan?
Depending on the ailment, undertaking a surgery or medical treatment in India can be very expensive, with costs ranging from 5 to 10 lakhs or even higher. Additionally, over 80% of Indians are not covered under any health insurance plan, ...
4 Tips to Manage Your Finances After University
It is wise to start thinking about financial planning before you graduate so that you’re prepared for money management when you start earning. Although there may be other things on your mind such as exams, dissertations and deadlines, being ...
Personal Priorities: How a Finance Degree Can Help You to Become a Master of Your Own Money?
Money makes the world go around, and as a result, society is highly reliant on the financial system. Finance touches everyone and everything; from the newly-wed couple needing to borrow some money to buy their first home, to large ...
Determining the Right Quantum of Debt for a Company
Most of the business in modern times runs on credit. From suppliers to customers, business is based on credit transactions mostly and hence a chance of debt formation is inevitable and unavoidable as well. What you can do is manage such ...