Are you looking for a small business loan? You’ve likely heard of Home Credit and are now ready to take that big step of applying for it. Getting a loan from Home Credit can give you the financial assistance you need to get your business off the ground or grow into something bigger. We understand
Fuel your entrepreneurial journey! Learn about various business loan options in India and explore solutions from Home Credit India.
11
Mar
Mar
It all started with the Digital India initiative where the start-ups weren’t given a push. A new line of youngsters have risen in India who choose to work independently then be in a secure, stable job of a top-notch company. These young minds have path breaking ideas & the perseverance to make it big. However
17
Jan
Jan
Whenever you’re considering a business loan, it’s quite common to hear different opinions on its application & use. Everyone will have a story to narrate in relevance to funding a new startup. Though, you do not need to pay attention to all hearsays. Of course, taking a loan to start up your venture may or may not sound suitable due
20
Oct
Oct
Agra is the city of Architectural greatness where many small businesses have found their hold. Taking a personal loan can be extremely useful for small set-ups or budding ideas to meet working capital needs. It is quite possible to realize the costs at later times when it bundles up to a deficit. Costs spent on a business can be way more than expected. Whether it’s a small or
16
Oct
Oct
Do it as the Lucknowi Nawabs do! They like to live larger than life, meaning a grand stature of living. Exactly this is the notion they carry with themselves in everything they do. And even the youngsters follow the same to approach. They are smart, intelligent & hardworking and like to take calculated risks to
12
Oct
Oct
Kolkata has reached a commercially viable status in an extremely short span of time. It is emerging as the financial market leader in the country. A major part of the buildup is contributed by the micro, small and medium companies of the country. The small and medium scale enterprises bestowed upon with 40% of the
25
Sep
Sep
Loan financing can be extremely crucial to mark success in a business. This loan amount can be used to consolidate debt, finance expansion of the company, so on and so forth. To be eligible for a small business loan, any Bank/NBFC looks at a few aspects thoroughly, namely capacity, collateral, capital, character and conditions. If
24
Sep
Sep
Today’s generation is extremely enterprising in its thinking and ideas. So are women! The financial system looks to be pumping equality between men and women. A large portion of the women workforce is bending towards independent careers and making it big through startup ventures. Here, the Indian economy is greatly encouraging the women entrepreneurs to build an empire of their own. Women
23
Sep
Sep
If you’re planning to avail a small business loan, then you must be sure about its impact on your next year’s taxes. Let’s clearly understand that business loans are tax-deductible! The effect of small business loans does not change your taxable income. It stays the same fundamentally. As per the Income Tax Act 1961, adding money
22
Sep
Sep
Taking a small business loan from a reputed lender may increase your chances of quick loan approval. Also, you get to share the amount of principal into smaller instalments after the loan has been disbursed. As a good practice, “Always act wisely”. Avoid pairing up with a dubious lender who steals your personal data without disbursing your loan amount. Here are the top 5 things to follow
21
Sep
Sep
We are much ahead of the times where you would only look up to financial institutions like banks for a business loan as a started in the domain. Today, you can most conveniently use the online lending platforms to apply for a small business loan with a short application process & approval & provide business
17
Sep
Sep
It’s a universal truth that funds are a catalyst to every business set-up, whether it’s big or small. Money funding is significant for all kinds of projects to make a beginning or leave a mark. Whatever may be your reason to take a loan, every business loan is different. A few will generally have rigid credit standing and documentation procedures which raise the rates of interest. There are
31
Jul
Jul
Small businesses are believed to be the power house of the Indian economy. However, these businesses are scared of the complex lending process through the physical centers. This can be really frustrating for the takers & providers both. Too many times, we observe how growing companies reach a saturation point when they do not how
09
Jul
Jul
Are you curious to start up a venture of your own & cannot find your best small business idea? In the uncertain times of 2020, you need a little inspiration to set up your small business. Amongst all the ideas around us, it’s hard to find the most befitting one. It may always feel as if the best business
29
May
May
A beauty parlour/ salon makes a lucrative business avenue specially for women entrepreneurs. The beauty/spa scene has been exponentially growing big across the globe including India. This has spiked up the demand for beauty experts/ professionals who can provide quality services to the needy customers. What types of loans are available for Beauty Parlors? As
21
May
May
We all face urgent cash requirements in different life contingencies, so if you’re thinking about Instant personal loans, then this article will greatly help to direct your attention towards Instant Loan App. There will be times when you bank balances will not meet your overhead expenses. Ofcourse you do not want to beg in front of
31
Mar
Mar
There are many options available for fulfilling your business’s financial needs. First will be to reinvest the profits gained back into the business set-up. Secondly, you could find an investor to put money into the business. So through this article, we will highlight the business loan concept. But what we’re going to look at today
24
Mar
Mar
Getting a loan for a small business loan in Chennai can be made easy through Home Credit. We provide personal loans that can support a new business venture. If we go by the title ‘small businesses’ of course cannot choose a collateral-based loan. Since they cannot forego a collateral or security asset. To help such
25
Oct
Oct
A few things never go well together, like oil and water. Similarly, personal finances and your business funds cannot be mixed. If you keep clarity on these grounds, then it will be much easier to manage your financial worries. Although, it’s difficult to put set our article into motion. How best to bifurcate the major
22
Oct
Oct
The difference between a business loan and micro loan lies in the scope of the two. Any micro finance is an individualistic outlook to provide financial services to the less privileged or new business startups who do not have the capacity to approach mainstream sources. On the other hand, micro finance talks about an ecosystem or
10
Oct
Oct
Every new business setup requires funds to embark on a journey of hard work, financial backup, solid product ideas, adequate stock, and a team of competent professionals. And to execute every step in the business, funds are the first priority. A few business owners are mistaken to assume that bank loans are the best source
05
Sep
Sep
When you build a new house, you hope to build lifetime memories in it. This way a home can be the sole identity for your health, wealth and happiness. Also, a house provides you the opportunity to get an easy sanction for a big, unplanned spending, especially when credit doesn’t allow so. So, will you
16
Aug
Aug
Under the most general cases, lending institutions provide specific personal loans for working capital, property purchases, financing home improvements, inventory stock, so on and so forth. However, if your plan is to start small, then it’s quite simple to have a personal loan approved. If you’re sure of getting revenues out of your small beginning,
29
Jul
Jul
To begin, small businesses typically base their operations on the investment received from reliable sources. In addition, they connect with lenders, big or small for business credit. Having said that, it’s not that easy to have a small business loan. It is difficult to have a small business loan if the credit score dips below
11
Jun
Jun
Let us first know about Start up India scheme. Startup India scheme is an initiative by the Indian government to promote startups, generate employment and wealth creation. Under this scheme, government offers fund up to Rs. 2500 crores for startups and credit guarantee fund of RS. 500 crores. What is the eligibility of loan under
01
Apr
Apr
Business loans needed by startups are majorly aimed at their sustainability in the longer run. They help to uplift businesses with no significant history. A lot of good options for financing are now available to the entrepreneurs. One can easily explore microloans, credit cards, business grants, private sources, and crowdfunding. Features of Business Loans Business