KredX is now ISO 27001:2013 certified

Announcement: KredX Is Now ISO 27001:2013 Certified

Digital security is paramount in the business world because of the growing dependence on technology that the world has gone through. Information management becomes a task that has much importance for sustainable customer retention in today’s age. In today’s day and age where businesses often struggle to meet industry standards, certifications that vouch for standard…

Invoice Discounting vs. Business Loan

Invoice Discounting vs. Business Loans: A Quick Guide

Most businesses inevitably face a cash crunch or two during their lifespan. To tide over such lean periods, a business can opt for financing options available in the market, the most obvious of which is a business loan or alternative financing solutions such as invoice discounting. How is invoice discounting different from a business loan? What are the advantages of it over a regular business loan? Here’s how!

5 Reasons Every Business Should Protect Their Intellectual Property

5 Reasons Why Every Business Should Protect Their Intellectual Property

It is important for every small business to protect their Intellectual Property. Most SME’s in India are not aware of the importance of how to go about procuring an IPR or Intellectual Property Rights and often fall prey to malpractices. Of the ≅40,000 IP applications, India receives annually, over 85% of them are dominated by large corporates. This is indicative of the abysmal gap in IP applications from the SME sector. They lose out on valuable advantages and lose millions in revenue due to this lack of awareness.

Bad Credit Affecting Business Loan Approvals? Worry Not!

Bad credit history bogging your business down? Sounds familiar, doesn’t it? Poor credit, be it personal or company, makes it that much harder for a business looking for a loan or any kind of funding. Banks scrutinise your credit history before approving your loan application. You may have had your reasons as to why you couldn’t pay up on time or messed up your payments. But to any lender, a person with a bad credit is high-risk, because it means either that you’ve not repaid on time or that you’ve seen harsh times. Fret not, all is not lost! There are a variety of alternative financing options which look into your operating history and business strength, and not just your credit history. Here, we introduce you to 5 viable financing options for businesses with bad credit.

7 Tips To Successfully Scale Up Your Business

7 Tips To Successfully Scale Up Your Business

Congratulations on building a successful business from scratch! Your services and products are in demand and the profit margins are good. But what next? ‘Scale-up’ of course! For any Small or Medium Enterprise (SME), the growth of their business is measured by scaling up while maintaining its profit margins. Most small businesses are in a hurry to grow, but the key is to take baby steps to ensure that you have both the operational and financial means to get through the next stage of growth. So, how do you go about it? Listed below are a few pointers every small business should bear in mind before scaling up.

8 Cost Saving Ideas For Companies

There comes a time in every business when there really isn’t much cash left after paying your bills, employee wages and operational costs. So, how can you ensure that you have a substantial amount left in your account at the end of the month? Cost-cutting! But we’re not talking about cutting corners from an already tight budget or laying off your employees. We’re talking about practical ways like the ones below to save your business a substantial sum of money!