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Day: August 2, 2017

A Simple Guide to Understanding Working Capital Loans 

Working capital loans are handy tools for your business to generate short-term finance to fund its immediate needs. Here’s everything you need to know about applying for it.




Do your liabilities exceed your current assets? Such issues may seem worrying, but are easy to resolve with a little extra help from external sources, such as Working Capital Finance. Working capital refers to the amount remaining after subtracting current liabilities from current assets. Current assets usually comprise stocks, inventory and cash. Current liabilities, on the other hand, are your financial obligations, including debt and accrued salaries. If your current liabilities exceed your current assets, your business may be at a risk of a short-term deficit. The primary goal of a working capital loan is to help you pay for these short-term expenses and clear your deficit.

How a Working Capital Loan Can Help Your Business:

1. Helps you raise short-term funds for your business: This is the primary and the most important benefit of working capital loans. They can be used to finance your business’ everyday financial needs like paying inventory costs, repaying short debts, and even tackling operational expenses.

2. Enables you to clear deficit: If the finance generated from your current assets is too less to meet the current liabilities, your business could be in a deficit. Working capital finance can enable you to clear this deficit by part borrowing and part liquidation of current assets.

3. Doesn’t require submission of collateral: A working capital loan is an unsecured loan that doesn’t require submitting any asset as collateral.However, in some cases, unsecured working capital loans may be subject to higher interest rates than other secured loans.

4. The loan amount can be used for any purpose:  For these loans, there is no restriction over the loan amount usage. You can use the loan amount for any purpose as long as it is business-related. However, these loans are customised for usage of financing the working capital needs of a business.

5. Features a line of credit: Line of credit is a facility that allows the borrower more flexibility when it comes to borrowing money up to a limit and a tenor based on business needs. Bajaj Finserv offers this facility on working capital loans.

6. Easy application procedure: Applying for this loan is extremely simple. If your business meets all the eligibility criteria, you can have the loan amount disbursed in up to 24 hours. The documents that you have to submit would depend on the type of your business like partnership, sole proprietorship or public limited and private limited company. However, generally, you have to submit documents like certificate of practice or business proof, business vintage of 3 years, bank account statements and your personal ID.




7. Short tenors: Since working capital is a short-term need, working capital loans have a shorter tenor. Hence, repaying the loan can be a quick affair and you can make EMI payments faster.

If you are anxious about how to finance your working capital, worry no more. Bajaj Finserv offers low cost business loans for working capital that can be used to tackle your financial worries.

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Cratejoy: Stunning Jewelry That You Will Cherish Forever

You know in the past month or so I have really been trying to find some great jewelry. But do to my previous spending and the amount of free jewelry samples that I receive (which I really do appreciate) I have more than enough jewelry and feel it is a bit crazy of me to want buy even more.




But due to reading so many great beauty and fashion blogs, late, I cannot help for lusting after some other products especially the ones that seem to be highly loved and talked about so often! So here is a wish list that I have put together of all the products that I’m dying to try, but holding off on until I think I deserve to have a little more money spend!

The Charm with me Club Rules

The Charm With Me Club is a very special club that is also unique and will bring you the most unique Geeky themed charms so you can build your own bracelet to your liking! I really love these charm bracelets, because they are uniquely designed. Cratejoy will gift you a starter bracelet when you sign up with a new set of charms from the best themes! . And their charm bracelets are very high quality and they meant to last for a long time!  This is a great club to join.




Ladies if you want your man to feel special and have something nice to wear that can be the match to yours, then you want to look into the subscription boxes for men’s accessories found at Cratejoy. Only at Cratejoy will you find the most extravagant in designs for men’s accessories. Life is not simple, and neither is marriage, why should any thing else be so simple.

Buy Inspired Silver Inspirational, Stylish and Affordable Jewelry

The designs will take your breath away. Choose the beautiful elephant designed rings for your collection. The rings, necklaces and bracelets are a really inspiring jewelry collection that I really love and would buy.. The designs will enhance the look and feel of the ring. Whichever rings that you choose to buy you will really enjoy these rings. The stack on stack on stacks rings are also a great designer rings.

Get Superb T-Shirts from Cratejoy Now

Men, if it is time for you to break out of your shell and show what you are made of here is the place to do that. Add some fresh clean tees to your closet. At Cratejoy, they have the best t-shirts on the market. They are unique and very comfortable to wear.

Cratejoy will deliver your t-shirts to your door monthly, bi-monthly, or quarterly at a great price that totally can’t be beat. Check out the breakdown of styles below. These t-shirts are very comfortable to wear and they are tagless, meaning it won’t be rubbing against your neck, when wearing it.

Cratejoy Features

Whether you’re just starting out, or already have 100,000 subscribers, Cratejoy provides everything you need to run, promote, and scale your business. I am very excited about this website.

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