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…

New ITR Filing Portal Launched on 7 June 2021: All You Need to Know

ITR e-Filing Portal 2.0

After a “Blackout Period” of 6 days, the Income Tax (IT) Department launched its new Income Tax Returns (ITR) Filing Portal on 7 June 2021.  This upgraded portal accessed via www.incometax.gov.in (instead of the old website – www.incometaxindiaefiling.gov.in) is designed to be more user-friendly, making the ITR filing process simpler and more transparent for taxpayers. According to the…


COVID-19 Vaccine and Business Loans: Am I Eligible?

Vaccine

Nowadays, no conversation is complete without the topic of the COVID vaccine coming up. Have you got it yet? Are you getting it? Why are getting it? Which one are you getting? When are you getting it? And where do I get an appointment from? The vaccine has become our ray of hope, making us…


Daily Tip: Get Approved For a Business Loan Faster

Business Loans

How can you shorten the wait time and get approved for a business loan faster? Our #1 Advice:Have your personal and business documents in order before you apply! Compile a complete list of all documents the lender will need, and make sure you have all of them ready before submitting your application! This will reduce…


CreditEnable and Flipkart Making Access to Affordable Finance Easier for 300,000 SMEs in India

CE_Flipkart

CreditEnable and Flipkart have signed a strategic partnership that will allow Flipkart sellers across the country to easily access affordable finance through the CreditEnable platform. Today, Flipkart is one of the leading e-commerce companies in India, with 300,000 sellers and 300 million registered users. Commenting on the partnership with CreditEnable, Ranjith Boyanapalli, Senior Vice President…


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…