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MSME Loan
What is MSME Loan? Why is it Useful for Small Business Owners?

Category : Business Loan

Poonawalla Fincorp Team • Apr 30, 2022 • 4207 views

Micro, small, and medium enterprises (MSMEs) are among the largest employment providers in India. The total contribution of MSMEs to the overall employment in the country is 69%.

Tax Saving for Business
9 Useful Income Tax Saving Tips For Small Businesses

Category : Business Loan

Poonawalla Fincorp Team • Apr 30, 2022 • 4505 views

A small business incurs many expenses, from stocking inventory, and repairing machinery, to managing payroll for daily working capital needs. As small business owners, they have limited cash flow and capital.

Utilizing Business Loan
How to Use Your First Business Loan Effectively?

Category : Business Loan

Poonawalla Fincorp Team • Apr 30, 2022 • 2162 views

Getting a business loan is easy and opens many options for growth and expansion. While getting a Business Loan is relatively easy, provided you choose the right lender, using the proceeds of the Business Loan correctly is a challenging task.

Business Loan for Shopkeeper
Top 7 Benefits of Having A Business Loans for Shopkeepers

Category : Business Loan

Poonawalla Fincorp Team • Apr 30, 2022 • 4883 views

Most small and medium-sized businesses need to raise funds from time to time to take the company to the next level. These businesses have always been the backbone of the economy.

Working Capital
What Are the Different Types of Working Capital?

Category : Business Loan

Poonawalla Fincorp Team • Apr 27, 2022 • 12467 views

Working capital refers to the money needed to perform day-to-day business operations. These loans are not used to buy or invest in long-term assets and are instead used to meet the short-term operating needs of businesses.

Business Loan Questions
5 Must Ask Questions Before You Apply for a Business Loan

Category : Business Loan

Poonawalla Fincorp Team • Apr 22, 2022 • 3854 views

A business loan is any loan given for business-related expenses. The borrower who applies for a business loan can be a small to medium-sized enterprise (SME), a micro, small, and medium-sized enterprise (MSME), or the largest business to exist.

Financial Options for Retailors
Top 5 Financial Options for Retail Business or Shopkeepers

Category : Business Loan

Poonawalla Fincorp Team • Apr 21, 2022 • 4438 views

These days, small retail businesses look for business loans to aid the expansion of their enterprise. One such type of small enterprise is a shop or a retail enterprise.

Tax Benefit on Business Loan
Business Loan Tax Benefits Under Section 80C

Category : Business Loan

Poonawalla Fincorp Team • Apr 21, 2022 • 4407 views

A Business Loan is an unsecured loan from a lender to a borrower, intended to cater to the needs of a Business. Business loans do not directly have any effect on the amount of taxes owed. As per the Income Tax Act 1961, money that is borrowed does not qualify as income in a business.

Business Loan for New Business
Steps to get a business loan to start a new business

Category : Business Loan

Poonawalla Fincorp Team • Apr 14, 2022 • 4587 views

Ever since the Startup India campaign was announced in the year 2015, the number of new Micro, Small, and Medium Enterprises (MSMEs) has been on the rise. The program is based on an action plan aimed at promoting bank financing for startups

Business Loan Guidance
What Happens to A Business Loan If The Business Fails?

Category : Business Loan

Poonawalla Fincorp Team • Apr 05, 2022 • 9638 views

Every business goes through ups and downs before it becomes an established business. Every business, whatever its size and age, will face both profit and loss at some point in its journey. Such profits and losses have a profound impact on a business when it is in its initial stages.

Business Loan In India
What are Various Options to Avail of Business Loans in India?

Category : Business Loan

Poonawalla Fincorp Team • Apr 05, 2022 • 4279 views

As a business owner, you might often wonder about the best possible way to fund a particular business need. A business loan can help you fulfil various purposes, such as expanding a business, purchasing additional assets like land or leasing a factory, buying equipment or inventory

Types of Business Loan
What Are the Different Types of Business Loan in India?

Category : Business Loan

Poonawalla Fincorp Team • Mar 30, 2022 • 8636 views

No matter how small, medium or large a business is, they will always require additional cash flow to meet their daily needs. The purpose of getting a loan varies depending on whether you need it to start, run, or expand your business.

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