Invoice Factoring is a financial tool that allows businesses to improve cash flow by selling their outstanding invoices to a factoring company in exchange for immediate funds. Instead of waiting 30, 60, or even 90 days for customer payments, businesses…
Imagine running a small enterprise where your payment cycles stretch from 90 to 120 days, while your operational costs demand immediate attention. This is the harsh reality for many Micro, Small, and Medium Enterprises (MSMEs) in India, where delayed payments…
Every GSTIN Tells a Story – Are You Listening? A 15-character GSTIN isn’t just an identifier; it’s a blueprint: 🗺️ State of Registration 🏙️ Number of Registrations within a State for the Same PAN 🆔 PAN of the Business 🔍…
Imagine setting out on a road trip to an uncharted destination. You wouldn’t embark on the journey without a reliable map, a thorough vehicle check, and a plan to avoid potential hazards along the way. Similarly, in the business world,…
Who knew that tomatoes could be the next big threat to the Indian economy? Move over oil prices and currency fluctuations, it’s time for the humble tomato to take center stage! 🍅💰 With prices skyrocketing to record highs, it’s no…
Obtaining timely and adequate credit is imperative for MSMEs to grow and expand. Here are 11 ways you can improve the creditworthiness of your MSME. 1. Maintain your company’s correct legal identity and contact details across all statutory databases. 2.…
Growing regulatory enforcement of the LEI across India promotes an identifier that can open doors to global trade and finance opportunities for the region’s MSMEs Author: Xue Tan, Head of Business Development for Asia region at the Global Legal Entity…
