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: Income Tax Return Extension Alert

CE_Income Tax

To help taxpayers overcome disruptions caused by the second wave of COVID-19, the Central Board of Direct Taxes (CBDT), GoI in circular no.9 dated 20 May 2021, announced new relaxations regarding Income Tax Return filing due dates! The individual ITR due date for Assessment Year 2021-2022 has been extended to 30 September 2021 and, the…


Mental Health Awareness for Entrepreneur: Distracting Your Mind

Mental Health

As a business owner, there are so many things that require your attention right now. In this situation, it may become hard for you to disconnect from work, or even fall asleep, since your mind is overwhelmed with everything that is happening around us, and everything that still needs to be done. Experiencing this level…


Mental Health Awareness for Entrepreneur: When to Connect and Disconnect

Mental Health

Taking care of the health of your loved ones and your business is important right now. But you also cannot forget to take care of your physical and mental health. As an entrepreneur, you’re probably worrying about the lockdown, your monthly payments like employee salaries, overheads and inventory, and trying to continue working remotely when…


Top Tips: How to Leverage Technology for Your Business During COVID-19 (Part 1)

COVID-19 continues to disrupt the economy and is probably having a big impact on your business. The rolling lockdowns and ever-changing restrictions and guidelines make it hard to manage day-to day and even harder to think about planning for the future, so we put together our top tips for how to use technology to keep…


How banks can take a new look at SMEs

By Nadia Sood, CEO, CreditEnable SMEs are hailed as nation builders and the backbones of developed and emerging economies alike, and yet adequate financing from the formal market is still elusive for most SMEs at home and abroad. The primary reason is that the extraordinary array of technology that enables banks to underwrite competitive loans…


AI: A force for good?

By Nadia Sood, CEO, CreditEnable Last month, in the first of a two-part series, Nadia Sood, CEO at CreditEnable explored the potential pitfalls of AI when it comes to gender inclusivity and how its introduction can also help eliminate biases. In this month’s article, I explore how AI can be applied as a force for…


AI: Understanding bias and opportunities in financial services

By Nadia Sood, CEO, CreditEnable It is undeniable that our lives have been made better by artificial intelligence (AI). AI technology allows us to get almost anything, anytime, anywhere in the world at the click of a button: prevent disease epidemics and keep them from spiralling out of control, and generally just make day-to-day life…


SME finance in 2030 will be cheaper, faster and fundamentally more inclusive

We expect the world of SME finance to have fundamentally changed by 2030. A significant and transformational shift has already taken place over the last 10 years in which innovative FinTech companies, challenger banks, specialist digital SME lenders, E-commerce players and aggregators like Facebook and Google have entered the $8.1 trillion SME credit market and…


Creating a Healthy Financial History at Each Stage of Your Business

At every stage of your business’s growth, having an organised and transparent financial history is essential when trying to secure a business loan. Banks will want to see consistency across your finances, so it’s important to get into good habits, no matter how big or small your company is. Start-Up: Build Your Financial History  As…