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Showing posts from May, 2020

6 Easy Ways To Raise Working Capital For Your Business

Every business runs on capital. This need can get further intensified when the business expands or if it launches any new product or service. In such a scenario, a working capital loan can prove to be a convenient way to fulfil business expenses. Generally, a working capital loan refers to the money borrowed from NBFCs or banks in order to fund business operations or pay business bills. Often, businesses don’t have a stable in-flow of funds and have cyclical sales as per the needs of their clients. In such instances, business loans can be taken to keep their operations going.  So first let’s discuss what is working capital, and then we will look into some easy ways to raise working capital for businesses! Every business has two kinds of capital: Fixed Capital Working Capital Fixed capital refers to the money used for more substantial investments like equipment or land purchases. And, working capital refers to the everyday needs of operation like paying salaries, restocking inventory, a