Short answer: In most cases, yes. A moratorium usually pauses the repayment of the principal, not the interest. Whether you pay the interest every month or it gets added to your loan depends on your...
Short answer: Yes, in many cases. A bank can sanction a term loan for machinery and a separate working capital limit, such as cash credit, in the same proposal. Some banks also offer a composite loan...
Short answer: Sometimes, yes. Some banks may count money you have already spent on plant and machinery, either as your own contribution (margin money) or, in a few cases, as an amount to be...
Short answer: Yes, it is possible. Banks do sanction a second term loan to a running business, but only if the first loan is being repaid regularly and the business can afford both instalments. The...
Short answer: The existing cash credit limit does not increase on its own. When a business expands, its stock and receivables usually grow, so it needs more working capital. You have to ask the bank...
Short answer: Sometimes, but it depends on the schemes. Some schemes allow a business to combine central and state subsidies, while others do not allow two subsidies on the same item of machinery. The...
Short answer: Usually it is difficult. Most subsidy schemes prefer or require new machinery, and many do not accept second-hand machinery. A few may allow it under strict conditions, such as valuation...
Short answer: Sometimes, but not always. Many capital subsidy schemes are designed for new capacity or technology upgradation, and some do not cover plain replacement of old machinery. Whether you can...
Choosing customer management software is only half the decision—how it’s set up and used day to day is what actually determines whether it delivers value or just becomes an underused...