Month: February 2023

The Booming Concept Of Business Loans

Finance is the core requirement for any business to carry through with their daily operations, organizational objectives and what not.

Imagine running a business and being unable to have access to this basic requisite. Thanks to the idea of ‘Business loans’ that bust the problem of credit scarcity and facilitates easy procurement of funds in a short time.

Amongst the various advancements in the developing techno finance sector, loans have emerged as one of the most popular and chosen medium of acquiring credit by businesses worldwide. Every type of firm ranging from SMEs (small and medium enterprises) to Big MNCs (multinational corporations) opt for business loans to achieve their different motives.

On a broad scale, there are many distinct ways to resolve the financial demands of a business. A Business loan is one such provision that comes under the ‘debt financing’ category.

 To have a clear understanding of how loans and debt financing as a whole work, we need to understand the idea of borrowing funds and their conditions of repayment. In case of business loans, you can reach out to the banks or other financial institutions and apply for a loan requirement. A specific rate of interest will be charged from you and the loan will be granted after the banks or the respective institutions find it satisfactory to approve.

So, what are the factors that make your loan request approvable?

The prime factor that decides your approvability is certainly the profitability of the enterprise or the annual income (ITR) that it makes .For instance, an annual income of over 2 lakh for consecutive 2 years is considered mandatory for successful approval of the loan.


Credit score is yet another major parameter that determines your creditworthiness.If you are a credit card holder, then a 700+ CIBIL score can land you into an abundance of business loans to choose from. Same applies with the other factors like the amount of revenue that the firm generates annually or even the duration by which the business claims to repay the given loan amount.

Apart from the big firms which can avail the loans comparatively easier on the basis of their progressing profits and growth; there are some popular government schemes as well that can help the smaller enterprises utilize the facility of business loans. These include The MSME business loan, NSIC, CLCSS scheme and MUDRA loan facility amongst the many others.


Sectors Of Entertainment

Entertainment is a vast and complex industry that has captivated audiences around the world for generations. From films to live music performances, videogames, radio, theme parks and much more, entertainment seeks to provide human beings with an experience—the end goal being enjoyment and satisfaction.

At the heart of entertainment is the idea that the audience should be engaged and captivated by the content they consume. This can be achieved through a variety of means, most of which have been established since long. The entertainment sector has evolved drastically over the last few years. With the advancement of technology, streaming services have emerged and gained greater popularity, allowing users to access their favourite movies, shows, and music from all over the world. Events have also had to pivot to digital formats in order to draw in viewers. Social media networks have revolutionized the entertainment sector as content creators and influencers have used platforms as a way to promote their content and build a fan base. Digital marketing has also played a major role.

Entertainment Sector can be grown by some ways such as,

  • Invest in new technologies: Investing in new technologies like AR/VR and artificial intelligence (AI) can help the entertainment sector grow by allowing the development of interactive and immersive experiences and creating opportunities for virtual business meetings, events, and live stream concerts.
  • Provide quality streaming services: Providing strong streaming services can give the entertainment industry an edge by allowing viewers to access content anytime, anywhere. Improving the quality of streaming services can encourage people to watch.
  • The downfall of theatres : The uprising viewership of online platforms are taking a toll on the theatres as people are a bit reluctant to come out and watch the movies and are habituated to their comfort zones. This con is letting the theatre industry run on a loss.


  • Lack of censorship: There is a lot of content feely available on the digital platforms which do not have censorship. Though there might be a kids safe option but not many of them use it which leads people of all age groups gain free access to uncensored content leading to negative impacts.

Lastly, we know that though OTT platform might have a few cons but it is slowly talking that place of the theatres which ones were the ruling academy and in the next 20 years it has a high chance of completely shutting the theatres.