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Category: Finance

How to Apply for a Term Loan and Secure Funding for Your Business

How to Apply for a Term Loan and Secure Funding for Your Business

As a business owner, you may find that you need extra funds to start a new project, expand your operations, or cover unexpected expenses. In such cases, a term loan is a popular option to secure funding for your business. This type of loan allows you to borrow a fixed amount of money from a

Good Credit Score: What Is It & Its Impact On Financial Health

Good Credit Score: What Is It & Its Impact On Financial Health

A good credit score is one of the most crucial elements banks and financial institutions consider when assessing loan applications. It numerically represents an individual’s financial health based on past borrowing patterns and financial behaviour. Credit scores range from 300 to 900, with 750 or higher generally considered a good credit score.  However, each lender has specific

Discover Secure Investments with Non-Convertible Debentures

Discover Secure Investments with Non-Convertible Debentures

In the investment world, non-convertible debentures (NCDs) mark themselves as a dependable and secure option. They appeal to investors aiming for consistent returns without taking on too much risk. This article aims to simplify the concept of NCDs, explaining what they are, how they function, and reasons why they can be a safe investment choice.

Why Customer Due Diligence is Essential for Businesses

Why Customer Due Diligence is Essential for Businesses

Customer due diligence (CDD) refers to collecting and verifying customers’ information and supporting organizations in complying with regulatory requirements and protecting them against financial crimes. FATF makes it compulsory for businesses to establish customer due diligence and urges financial institutions to verify the identity of their customers and beneficial owners as well. In this article,

The Road to Debt Freedom through Loan Closure and NOCs

The Road to Debt Freedom through Loan Closure and NOCs

No Objection Certificates (NOCs) and loan closure procedures are critical to financial transactions. NOCs are official letters that lenders—like banks or other financial institutions—issue to borrowers stating that they approve of a specific course of action or transaction.  NOCs have a variety of uses, including enabling the sale of real estate and allowing for modifications

Call, Connect, Conquer: The Key to Exceptional Customer Experiences

Call, Connect, Conquer: The Key to Exceptional Customer Experiences

In today’s business world, where customers are at the forefront of every business model, the importance of customer care numbers cannot be overstated. These numbers serve as a direct and immediate channel of communication between businesses and their customers, offering support, query resolution, and feedback. In this article, we will explore the vital role of

The Importance of Hiring a Financial Consultant for Your Financial Success

The Importance of Hiring a Financial Consultant for Your Financial Success

Achieving financial success is a goal that many individuals aspire to. Whether it’s building wealth, securing your retirement, or attaining financial security for your family, effective financial planning plays a pivotal role in realising these objectives. In today’s complex financial landscape, the guidance of a qualified financial consultant is essential. In this write-up, we will

Need Capital to Grow? Learn How a Business Loan is Best to Scale Up Your Business!

Need Capital to Grow? Learn How a Business Loan is Best to Scale Up Your Business!

Starting a business is an exciting journey. It’s like planting and watching a tiny seed grow into a robust tree. But sometimes, that little plant needs a boost and extra water and nutrients to help it thrive. In the business world, that extra boost often comes in the form of capital, and there’s no harm

Top 10 Tips for Ensuring Information Security While Using Online Banking

Top 10 Tips for Ensuring Information Security While Using Online Banking

Mobile banking has become an integral part of our lives. It offers unparalleled convenience, allowing us to manage our finances from the comfort of our homes or on the go. However, with this convenience comes the responsibility of ensuring the security of our financial information. Here are the top six tips to help you maintain

Streamlining Your Finances: The Top 5 Advantages of Managing Credit Cards with Mobile Apps

Streamlining Your Finances: The Top 5 Advantages of Managing Credit Cards with Mobile Apps

Keeping track of transactions, due dates, and balances can take time and effort. Mobile credit card management apps can help with this. The multiple advantages these online credit card apps offer make managing credit cards simpler, safer, and more practical. This article reviews the top 5 advantages of using a credit card mobile app and