Access to better interest rates and loan terms.Banks concentrate their sales efforts on bringing in a larger share of the present customer’s wallet, which can work to the customer’s advantage. Namely, more affluent bank customers can gain access to better interest rates than what is advertised to the general public. Benefit as Relationship pricing on […]Continue Reading... No Comments.
Any good relationship starts with finding the right partner. This is especially true when business executives seek a beneficial relationship with a bank. The bank is providing facilities and finance, so they are effectively in partnership with your business. To help establish and grow that relationship, executives need to know what and what not to […]Continue Reading... No Comments.
Basic Difference between CMA Data and Project Report Generally, project report and CMA Data are prepared to meet the funding requirement of any entity. In common parlance, the end use of both CMA Data and Project Report is same and hence, always a confusion with many people. Below we have prepared a chart which […]Continue Reading... 7 Comments.
CMA Data means Credit Monitoring Arrangement data. As per RBI guidelines, CMA data is required for Project Loans, Term Loans and Working Capital Limits. This data is to be provided by a company to bank for getting the loan from bank and every year, for renewing or enhancing their existing Bank loan. CMA Data is […]Continue Reading... 13 Comments.
Here are a few tips to help you row your cash flow boat successfully: 1. Determine Your Breakeven Point You should know when your business will become profitable, not because it will affect your cash flow — because it won’t — but because it gives you an early goal to strive for and a ready-made […]Continue Reading... 1 Comment.
Anyone who has taken educational loan between the year of 2009-2014, must visit the concerned bank with their bank passbook and with father/mother to utilize the Interest Subsidiary Scheme(ISS) which was announced by our PM Mr.Narendra Modi.The benefit of this scheme is a part of interest to be cancelled by the government. Last date of […]Continue Reading... No Comments.