Cash Credit Vs. Overdraft: Which One Should You Choose?
When businesses or individuals need quick access to funds to manage short-term expenses, they often look for flexible financing options. Two common solutions offered by banks are cash credit and overdraft facilities. Both allow borrowers to withdraw money beyond their …
Working Capital Formula: How to Calculate Working Capital?
From managing inventory and dealing with suppliers to handling customer payments and day-to-day expenses, the cash flow in your business can feel like a fast-moving river. But what if you could better predict its flow and ensure you always have …
Working Capital Loan Vs. Term Loan: What Sets Them Apart?
For most businesses, access to credit is not just an option—it’s a necessity. Whether you’re managing daily operations or planning long-term growth, the right kind of funding can make a big difference. But not all loans are created equal. One …
Understanding the Different Types of Business Loan Lenders: Banks, Online Lenders & More
Finding the right business loan lender can make all the difference when you’re trying to grow or manage your business. Today, entrepreneurs don’t have to rely solely on traditional banks. A wide range of lenders—from government-backed institutions to digital platforms—offer …
Understanding the Difference Between Promissory Note and Bill of Exchange
In day-to-day business, it’s common for payments to be made on credit. To make these transactions secure and legally binding, businesses often rely on formal financial instruments. Among the most widely used are promissory notes and bills of exchange.
If …