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thumbnail-image-How-to-Start-a-Departmental-Kirana-Store-in-India
How to Start a Departmental Kirana Store in India?

Category : Business Loan

Poonawalla Fincorp Team • Aug 04, 2023 • 3022 views

Starting a departmental Kirana store in India can be a lucrative business venture, considering the countrys thriving retail market. A well-planned and organized store can attract customers and contribute to the local communitys daily needs.

thumbnail-image-How-to-Become-a-Dealer-and-Start-a-Dealership-Business-in-India
How to Become a Dealer and Start a Dealership Business in India?

Category : Business Loan

Poonawalla Fincorp Team • Aug 02, 2023 • 5400 views

Starting a dealership business in India can be a rewarding venture for aspiring entrepreneurs. With a diverse and growing market, dealerships play a crucial role in connecting manufacturers with customers across various industries.

Thumbnail-Image-Working-Capital-vs-Term-Loan
Working Capital vs. Term Loan - Meaning and Difference

Category : Business Loan

Poonawalla Fincorp Team • Jul 06, 2023 • 10805 views

Working Capital and Term Loans are two common types of financing options available to businesses.

What is a Business Loan thumbnail image
What is a Business Loan? Meaning, Types & How to Apply?

Category : Business Loan

Poonawalla Fincorp Team • Jul 03, 2023 • 4984 views

A Business Loan is a financial product that provides funds to businesses for various purposes. It supports their operations and helps meet financial needs like business expansion or working capital.

Factors affecting on Working capital
9 Key Factors Affecting Your Working Capital

Category : Business Loan

Poonawalla Fincorp Team • May 25, 2023 • 21756 views

A company has to maintain a proportionate amount of working capital to stay in business. Working capital is among the most important aspects of any business.

Types of Business Models
What are the Different Types of Business Models in India?

Category : Business Loan

Poonawalla Fincorp Team • Jan 27, 2023 • 33391 views

The Indian business sector is witnessing a huge transformation amid the rapid growth of Micro, Small, and Medium Enterprises (MSMEs). More and more entrepreneurs are inclined towards various business models to make their products stand out from the rest.

overdraft or personal loan
Which is the Better Personal Loan - Term Loan or Overdraft?

Category : Business Loan

Poonawalla Fincorp Team • Jan 17, 2023 • 5589 views

The name “Term” itself means that the loan is for a predefined period as opted by the customer before disbursement where the sanctioned/requested amount is disbursed to the customers registered bank account.

business credit report agencies
Types of Business Credit Reports & Their Importance in India

Category : Business Loan

Poonawalla Fincorp Team • Jan 13, 2023 • 4322 views

Banks and NBFCs use a commercial credit information report to check whether a particular firm is eligible for a business loan or credit. It has all business-related information regarding past loans, current credit obligations, credit usage ratio, and the number of inquiries made.

source of funding for business
What are the Sources of Funding for Businesses in India?

Category : Business Loan

Poonawalla Fincorp Team • Dec 25, 2022 • 28730 views

Entrepreneurship is a dream for many who want to get into business, have a risk appetite and want to grow their existing business set-up. As an entrepreneur, you need to ensure sufficient funds to keep the business cycle moving.

MSME categorisation
Latest MSME Classification Explained: Criteria, Structure, Features

Category : Business Loan

Poonawalla Fincorp Team • Dec 24, 2022 • 140054 views

On 13th May 2020, the Ministry of Micro, Small, and Medium Enterprises (MSME) announced the Atmanirbhar Bharat package for MSMEs where it revised the definition of MSMEs and added a new MSME classification.

nature of business
Meaning of Nature of Business

Category : Business Loan

Poonawalla Fincorp Team • Dec 23, 2022 • 81020 views

Building a business is not easy. Those who venture into this realm know that it is a matter of lots of trial and error that eventually leads to the perfect recipe for success. Also, you have to constantly keep reinventing the wheel and modifying your direction.

MSME loan limit
What is MSME Turnover Limit for Small Scale Industries in India?

Category : Business Loan

Poonawalla Fincorp Team • Dec 19, 2022 • 39550 views

MSME Loans are also called Micro, Small & Medium Enterprise Loans. These are those types of loans which one may avail if they own a business or is an entrepreneur.

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