Often SMEs operating in the arena of real estate development face a peculiar problem. They normally operate anywhere between two to twenty sites, all having a maximum of seven or eight flats per project. All materials required other than cement, sand, steel and blue metal experience centralized purchase. Materials are received in one place and are diverted to various sites. Often the companies do not have a clue as to what is consumed in which site. (more…)
Archive for the ‘CFO’ Category
Inventory Control Workbook for Real Estate Companies
Friday, March 12th, 2010CGTMSE – Collateral Free Loan Scheme
Saturday, September 19th, 2009Many Micro, Small and Medium Business Entrepreneurs (MSMEs) may not know and Banks don’t popularize it for obvious reasons. But, Collateral free fund based limit up to a maximum of Rs.100 lacs is available for MSEs.
CGTMSE – Credit Guarantee Fund Trust for Micro and Small Enterprises, guarantees collateral free credit up to a maximum of Rs.100 lacs through banks. I recently got a client of mine sanctioned Rs.75 lacs and I thought I should share it Small Business Entrepreneurs. Eligibility criteria are as follows. (more…)