The Small Business Administration identifies a small business as one with less than 500 employees for a manufacturing company -- although some types of manufacturing firms may have up to 1,500 employees and still be considered a small business. Other types of businesses such as retail or service have different size thresholds to be classified as small. SMEs, or small- to medium-size enterprises, have advantages that big companies don't. SMEs are the quick, smart mammals among the behemoth big company dinosaurs.
SMEs frequently turn out to be effectively engaged with the group, since they see themselves as individuals from the group and think about the general population who live there. Enormous organizations are more free of the group, particularly if it's a branch or division of the huge organization instead of the home office.
Little and moderate size organizations can respond rapidly to changes in the commercial center. There is no progression set up that backs off the basic leadership process.
Principles of SME Loans
qualified for Business Loan
SME Loan from Private Bank : Standard Chartered Bank, ICICI Bank , Yes Bank, Axis Bank, Kotak Mahindra Bank, HDFC Bank, HSBC Bank, Induslnd Bank and RBL Bank.
SME Loan from Non Banking Financial Company (NBFC) : Fullerton India, Aditya Birla Finance, LIC Housing Finance, Magma Fincorp, Reliance Capital, DHFL Home, Indiabulls, Tata Capital, Bajaj Finserv, Capital First.