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thumbnail image is a business loan secured or unsecured
Is A Business Loan Secured or Unsecured?

Category : Business Loan

Poonawalla Fincorp Team • Nov 21, 2023 • 4085 views

When it comes to financing your business, one of the fundamental decisions youll face is whether to take a business loan secured or unsecured. Each loan has advantages, and disadvantages. In this article, we explore the key differences between secured and unsecured Business Loans s to help you make an informed choice

thumbnail image ideas to transform your small business in india in 2024
Ideas to Transform Your Small Business in India in 2024

Category : Business Loan

Poonawalla Fincorp Team • Jan 12, 2024 • 5143 views

India boasts a rich tapestry of cultures and inventive individuals, particularly within the realm of small businesses. The year 2024 appears to hold great promise for these entrepreneurial ventures nationwide, especially for small businesses.

thumbnail image Top Most Profitable Wholesale Business Ideas
Top 20 Profitable Wholesale Business Ideas in India for 2024

Category : Business Loan

Poonawalla Fincorp Team • Jan 05, 2024 • 11780 views

If you have sharp business acumen, there are ample opportunities to explore within the wholesale business industry. Whether you are interested in supplying essential goods or tapping into niche markets, these ideas are sure to maximize your return on investment.

thumbnail image Top 10 Small Scale Business Ideas
Top 10 Small-Scale Business Ideas

Category : Business Loan

Poonawalla Fincorp Team • Aug 26, 2023 • 4587 views

India is an ideal place for entrepreneurs who are looking to grow a small business, thanks to its thriving economy and youthful population. Additionally, the country has a vast domestic market along with a varied range of consumer preferences, thus offering individuals to tap into the business space.

thumbnail image Top Small Business Ideas for Rural and Village Areas
Top 8 Small Business Ideas for Rural & Village Areas in India

Category : Business Loan

Poonawalla Fincorp Team • Aug 27, 2023 • 6034 views

Traditionally, urban areas have been the primary focus of business development. However, several reasons make rural areas present promising opportunities. In the last few years, the rural areas in India have witnessed tremendous transformation and growth.

thumbnail image Top Problems Faced by Women Entrepreneurs
Top 4 Problems Faced by Women Entrepreneurs

Category : Business Loan

Poonawalla Fincorp Team • Aug 24, 2023 • 6949 views

In today’s era, we can witness the rise in the percentage of women entrepreneurs in India and worldwide. This progress can be attributed to the relentless dedication of women in pursuing their ambitions.

thumbnail image Eligibility Documents for MSME Loan
Eligibility Criteria for MSME Loan and Required Documents to Apply

Category : Business Loan

Poonawalla Fincorp Team • Aug 24, 2023 • 3057 views

The Micro, Small, and Medium Enterprises (MSME) sector in India plays a crucial role in driving economic growth, employment, and exports. According to the Press Information Bureau, over 42.67% of the nation’s exports came from this sector and it provides employment to more than 84,23,452 individuals.

thumbnail image 6 Best Business Loan Schemes for Women Entrepreneurs
6 Best Business Loan Schemes for Women Entrepreneurs in India

Category : Business Loan

Poonawalla Fincorp Team • Aug 23, 2023 • 3305 views

In India, more women are venturing into the business world and making their mark as entrepreneurs. To empower and support them, certain loan schemes for women provide the financial assistance they need to sustain their business

thumbnail image What is Working Capital Term Loan Meaning and How It Works
What is Working Capital Term Loan - Meaning, and How It Works?

Category : Business Loan

Poonawalla Fincorp Team • Aug 21, 2023 • 3321 views

Running a successful business requires adequate working capital to manage day-to-day operational expenses and cash flow. However, there may be times when businesses face temporary financial gaps or require additional funds to support their ongoing operations.

thumbnail image What is the Interest Rate on MSME Loan
What is the Interest Rate on MSME Loan?

Category : Business Loan

Poonawalla Fincorp Team • Aug 21, 2023 • 2916 views

Micro, Small, and Medium Enterprises (MSMEs) are crucial in a countrys economic growth and development. To support the growth of these enterprises, financial institutions offer MSME Loans with competitive interest rates.

thumbnail image What is Term Loan Interest Rate
What is Term Loan Interest Rate & How it is Calculated?

Category : Business Loan

Poonawalla Fincorp Team • Aug 21, 2023 • 3776 views

When considering a Term Loan, its essential to understand the interest rate associated with it. The Term Loan interest rate determines the cost of borrowing and significantly affects the total amount you repay over the loan tenure.

thumbnail image What is Impact of MSME on Indian Economy
What is the Impact of MSME on the Indian Economy

Category : Business Loan

Poonawalla Fincorp Team • Aug 20, 2023 • 3257 views

The role of MSME in the Indian economy is significant. They contribute to economic growth, employment generation, and industrial development. MSMEs play a crucial role in boosting manufacturing and industrial growth, creating jobs, and driving GDP growth.

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