How to Improve Your Chances of Getting a Business Loan: Everything You Need to Know

Applying for a business loan doesn’t need to be a stressful process. Here are our top tips for making your business more attractive to lenders when applying for a business loan.   Perfect Your Business Plan  When it comes to traditional business loans, lenders want to understand your business plan fully before agreeing to lend…

Daily Tip: Link your PAN and Aadhaar before 30 September!

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The last date to link your PAN and your Aadhaar is 30 September 2021! Linking the two forms of identification makes it easier for lenders to assess your small business loan application. It reduces the time they take to review your application, which means they can approve your loan request sooner, and you can have…


Daily Tip: The right business financing can help you achieve growth faster

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The type of small business financing you should apply for depends on many factors, including what collateral you can offer the lender, what loan amount you need, how you plan on using the loan, and for how long you want the loan.  At CreditEnable, we’re here to help you get the right business loan for…


Why is an unsecured business loan right for my small business financing needs?

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Formal lenders offer many different types of business loan options for small businesses. An unsecured business loan is just one of your options, but it is one of the most popular loan options for small businesses that are still relatively young. What is an unsecured business loan?  When you get a loan from a lender…


Daily tip: Apply for a LAP if you own property and need business financing

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Are you trying to decide whether a secured business loan or a loan against property (LAP) is right for your business financing needs? If you own residential or commercial property that you can mortgage to get the business loan, then a loan against property is your answer! LAP is a type of secured business loan.…


Daily Tip: Maintain a work-life balance to develop stronger relationships

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Festival season is upon us! The festivals are all about spending quality time with your loved ones, laughter, and great food! So, as a small business owner with a very demanding job, now is the right time to learn some techniques that can help you balance your personal life and work while giving equal amounts…


Why should I apply for small business funding with CreditEnable?

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You’re ready to apply for small business funding? Congratulations! Applying for formal funding with a lender is a big step for an SME, so we understand your hesitation. Let’s talk about why CreditEnable is the right partner to help you get the small business funding you need. 1. CreditEnable partners with leading lenders in India…


Daily Tip: Apply for small business funding now, before festival season!

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Festival season in India has arrived! The next two months are going to be a celebration of family, traditions, and delicious food! It is also the time when people tend to buy new things for their homes and businesses to mark a new beginning, and to welcome prosperity into their lives. So, now is the…


Daily Tip: The deadline to pay your Advance Tax is September 15!

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Have you heard about Advance Tax? Section 208 of the Income Tax Act, 1961 states anybody whose estimated tax liability for a financial year is more than or equal to Rs. 10,000 is liable to pay advance tax. Paying advance tax simply means paying your taxes as you earn your income so that you don’t…


What is an MSME business loan and who is eligible for it?

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To learn about what an MSME business loan is, we first need to understand what an MSME is. What does MSME mean? MSME, short for Micro, Small and Medium Enterprise, are governed by the Micro, Small and Medium Enterprises Development (MSMED) Act of 2006 introduced by the Government of India (GoI). An MSME is any…


Daily Tip: Get a working capital loan if you require a short-term business loan

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Looking for a little extra support to cover your daily expenses and avoid disruptions in your operations until your accounts receivables get paid? A Working Capital Loan is the right option for your small business financing needs! A working capital loan is a short-term business loan option that helps streamline your cash flows during a…