It’s tax time again! Depending on the type of business you own, or the type of GST payment schedule you follow, your GST Returns for August 2021 are due this month! Here are some important dates for you to remember: September 11: GSTR 1 (Monthly) for August September 13: GSTR 1 IFF (Optional) (August 2021)…
As a small business looking for business financing, there are many kinds of loans for you to choose from. The type of loan you get will depend on two things: What collateral can you offer the lender as security? How will you use the loan? Knowing these two things before you apply for business financing…
Did you know your business registration is how lenders determine how old your business is? Also known as Business Vintage, how long an SME has been operational and registered is crucial when getting small business financing from a formal lender. A business registration makes it easier for lenders to verify and validate the information mentioned…
Loans Against Properties are some of the most common forms of borrowing in India. To get a LAP, you provide your lender with a copy of your property papers as collateral, and they give you a loan in return. LAPs are a form of secured business loan that can get you a higher loan amount…
Applying for business funding is a big step for most small business owners. Since we’re currently experiencing a health crisis, most of us prefer to minimize our exposure to large crowds of strangers, but that may happen when you go to a bank or an NBFC to enquire about a loan right now. So, your…
CreditEnable is here to help you stay on top of your tax obligations and improve your attractiveness to lenders. The deadline to deposit the tax collected and deducted at source in August 2021 is September 7! If you collect tax at source from your buyers or deduct tax at source for your employees, don’t forget…
As a small business looking for business financing, you have a couple of loan types to choose from. You can apply for an unsecured business loan if you don’t have any collateral to put up or just need some short-term financing. You can apply for a secured business loan by giving the lender some form…
Any time you do not adhere to the terms of your business loan, like making an EMI payment on time, you are defaulting on your business loan. Defaulting on a loan has a drastic impact on your credit report, and therefore your attractiveness to lenders and your future loan prospects. When you take a loan…
Festival season in India is right around the corner! We’re already in September. Soon it will be Dushhera, followed by Diwali, and then Christmas! The next couple of months will go by fast as everyone meets their friends and family, reconnecting after a long, hard year due to the pandemic. This is also historically a…
Getting a business loan is a big responsibility. Lenders will only lend to entrepreneurs who have the financial ability to pay their EMIs and fund their daily expenses simultaneously, without difficulty. As a small business, here are our tips on how you can prepare for the business financing you need to grow: Produce a thorough…
