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

Category : Business Loan

PoonawallaFincorp • Jan 13, 2023 • 594 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.

business loan for low cibil score
What is Minimum CIBIL Score Required for Business Loan

Category : Business Loan

PoonawallaFincorp • Dec 27, 2022 • 646 views

Commercial loans which include business loans, are emerging as a significant economic growth driver in India. A business loan in India can be useful for funding your ideas, expanding your office space, hiring people etc.

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

Category : Business Loan

PoonawallaFincorp • Dec 25, 2022 • 522 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

PoonawallaFincorp • Dec 24, 2022 • 628 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
What is the Meaning of Nature of Business Based on Activities? Meaning, Definition, Example

Category : Business Loan

PoonawallaFincorp • Dec 23, 2022 • 781 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.

simple interest and compound interest
What is Simple Interest? Formula, Calculator, Example, Definition

Category : Financial Insights

PoonawallaFincorp • Dec 21, 2022 • 467 views

A quick and easy method of calculating the interest charged on a loan is called Simple Interest. It is determined by multiplying the interest rate by the principal amount, by the number of periods(days/months/years) that have elapsed between the payments.

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

Category : Business Loan

PoonawallaFincorp • Dec 19, 2022 • 494 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.

udyam registration online
Udyam Registration Certificate - Meaning, Benefits & Guide to Apply

Category : Business Loan

PoonawallaFincorp • Dec 16, 2022 • 555 views

In 2020, under the Atma Nirbhar Bharat Package, a new revised MSME definition was announced with the aim of bringing more enterprises under the new scheme.

10 Lakh loan EMI for 5 years
Check Out 10 Lakh Personal Loan EMI for 5 Years & 10 Years

Category : Personal Loan

PoonawallaFincorp • Dec 12, 2022 • 586 views

A Personal Loan is a type of loan that a customer can avail to meet their ad-hoc requirements. The loan typically can be taken in scenarios of – buying some product, weddings, purchasing furnishings, medical expenses, etc.

how to improve credit score in 30 days
How To Improve Credit Score In 30 Days in India?

Category : Financial Insights

PoonawallaFincorp • Dec 08, 2022 • 635 views

How to improve credit score in 30 days in India – is one of the most important question comes to many people’s mind when it comes to credit score.

credit score for personal loan
Key Difference in Business Credit Score and Personal Credit Score

Category : Personal Loan

PoonawallaFincorp • Dec 07, 2022 • 572 views

An individual’s personal credit score and business credit score are two separate aspects. On the surface, however, both scores have only one difference.

personal loan minimum age
How Does Age Influence Your Eligibility to Take a Personal Loan?

Category : Personal Loan

PoonawallaFincorp • Dec 06, 2022 • 531 views

Personal Loan come in very handy when there is a financial emergency. With new-age lenders, the loan application, as well as the approval process, is fast.

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