August 15, 2020 06:44 (IST)
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New Zealand gov't boosts cashflow support for small businesses

Wellington/Xinhua/UNI: The New Zealand government will provide interest free loans for a year to small businesses impacted by the COVID-19 economic shock to support their immediate cashflow needs and meet fixed costs.

Funding a Small Business: How Much Working Capital Loan is Needed to Start a New Small Business?

A mere Rs.10,000 working capital from the hands of Sudha Murthy led to the foundation of a $10 billion company – Infosys. In its truest sense, working capital refers to the trivial amount necessary for the efficient functioning of a business.