loan for private school owners

Improving the Profitability of Private Schools – Business Article

Intimidated by the long-drawn process of getting a loan approved from conventional sources such as banks and traditional NBFCs, schools in India often discard the idea of borrowing funds for improvements on their campus. They try to make the most of their limited available funds, even if it means some degree of compromise on the quality of upgrades they had planned for the school. Such an approach does not bring any benefits in the long term. In some cases, it…

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Considerations for educational trusts to keep in mind while availing finance – Business Article

To upgrade the quality of education delivered in their school, authorities running the institution may occasionally need to apply for loans. The first thought that strikes while contemplating Indian school finance is one of approaching a bank. The low rate of interest and general trust in the banking system draws many private schools to these established lenders. Although banks offer loans to businesses and other organisations, when it comes to financing educational institutions, things can be rather challenging, and it…

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Cashflow Management Tutorial for School Owners – Business Article

Cashflow is the lifeblood of any organisation, including schools. Unlike most small and medium enterprises that have unstable revenue because of variations in customer purchases and seasonal cycles, schools are usually assured of a running income from the fees paid by the students each quarter. However, cashflow management is as serious a task for educational institutions as it is for any other business. With the fee they receive, schools have to pay their teaching and administrative staff, maintain the campus,…

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Top 10 Reasons Why Private Schools Take Loans – Business Article

To provide quality education, private schools in India must have cutting-edge infrastructure and well-planned facilities. This is even more important now because the generation currently in schools is growing in an environment of mobile computing devices and e-commerce. Since private institutions are entirely dependent on their own earnings to improve their campus, they may need school loans to finance such expenses. Let us look at the top reasons that drive schools towards taking loans from banks and NBFCs: 1. To…

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