As a small business owner, you are no stranger to the constant need for financial resources to fuel growth and navigate through unexpected challenges. While business loans are readily available, personal loans for small businesses can provide a viable alternative for certain situations. In this article, we will explore five instances when opting for
Take your business to the next level! Apply for a small business loan from Home Credit India. Get the funding you need, conveniently.
22
May
May
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
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
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
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
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
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
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,