Business Finance & Credit

Business Finance — Loans, TReDS & Working Capital

Name: Harun Raaj & Associates
Address: Visakhapatnam, Andhra Pradesh, IN
Telephone: +919300897008

Guides to MSME financing, TReDS invoice discounting, working capital structures, and bank loan documentation in India.

5 articles — updated weekly

Featured

SME Credit Ratings: How CAs Build the Financial Package That Wins CRISIL Ratings and Lower Borrowing Costs

A strong credit rating from CRISIL can slash your SME's borrowing costs by 1-3% per annum. Learn how the CRISIL SME rating process works, what financial documentation your CA must prepare, and why the quality of your numbers matters more than the size of your balance sheet.

Read article →31 May 2026

Working Capital Finance: CC vs OD vs Bill Discounting, DSCR Calculation & What Banks Check in Audited Financials

23 May 2026

Banks offer three main working capital routes: Cash Credit (CC), Overdraft (OD), and bill discounting. Each carries different costs, compliance burdens, and risk profiles. Your DSCR ratio and audited financials determine approval odds and limits.

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NBFC Registration with RBI: Category A vs B, Rs. 10 Crore NOF, and Annual Compliance Checklist

2 May 2026

The RBI's Scale-Based Regulation framework classifies NBFCs into Category A (minimum Rs. 10 crore NOF) and Category B, with distinct compliance requirements. This guide clarifies the registration path, regulatory distinctions, and the annual compliance obligations your finance company must meet.

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Non-Convertible Debentures (NCDs) for Private Companies: Legal Framework, SEBI Rules & TDS Obligations

26 Apr 2026

Non-Convertible Debentures (NCDs) are a popular debt instrument for private companies seeking capital without diluting equity. This post covers Section 71 of the Companies Act 2013, SEBI's Offer for Sale of Securities by High Net Worth Individuals (OBPP) rules for listed NCDs, and critical TDS obligations under Section 193 of the Income-tax Act.

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Invoice Discounting on TReDS: RBI Platform, MSME Eligibility & GST e-Invoice Linking

25 Feb 2026

TReDS (Trade Receivables Discount System) is an RBI-regulated platform that lets MSMEs convert invoices into immediate cash. Learn eligibility criteria under MSMED Act 2006, how GST e-invoice linking works, and why your business should use it.

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