PJ & Associates- Wealth Management, Family welfare Consultant, Investment Portfolio Advisor Estate Planning, Tax Filing, Life/ Health/ Asset Insurance, Risk & Liabilities Strategist

Call (+91) 9971486715 … Referral Code : ADCA22562 … Inspiration Joint – Launch Your Presence ……………. Orange Cub – Prevention of Cruelty Against Animals …… "Powered By Ideas, Ideals & Idealism" – A Blog By Prerna Jain !!

Business Loan


What is a Business Loan?

There comes a time in every business when there is a need for extra credit and funds for its smooth functioning. These funds help you, the business owner, to expand, invest and help in your working capital needs. At times like these, a quick business loan is the best financial aid that can help you grow.

This borrowed capital can be applied towards daily capital expenses, for specific project funding, expansion of the business including purchasing of new machinery for the business. You can also apply to take a loan for business if you need investment for starting a new business or ancillary units for your existing business.

Here’s a list of the basic documentation you will need to submit:

  • Application form
  • Company bank statements for six months
  • Income Tax Returns for 2 years
  • Balance sheet and P&L accounts for 2 years
  • KYC documents of the company including PAN Card, Registration of Incorporation, Partnership deed, Memorandum & Articles of Association.
  • KYC documents of the owners
  • A report as to how the business loan intends to be utilised

What are the documents you need?

To avail a business loan, you will need the following documents:

  • Complete KYC of the company
  • KYC documents of the owners, partners, shareholders,
  • Audited balance sheet and profit & loss account for 2 years
  • Income Tax Returns for 2 year
  • Certified bank statements for six months

Business loan eligibility criteria are simple and aimed at small and medium sized companies. We have categorized the businesses into self employed and self employed professionals.

download (2)

The eligibility criteria are as follows:

  • Aged between 25 and 65 years
  • Profitable business for three years
  • At least Rs 40 lakhs turnover per year
  • Growing turnover
  • ITR for at least Rs 3 lakhs
  • CA audited financials
  • Business Loan amount up to Rs 50 lakhs
  • Loan for business – period up to 3 years
  • Any form of ownership

The documents required for availing business loan are basic and include:

  • Application form with passport-sized photographs
  • KYC documents
  • ITR returns for two years
  • Audited P/L statement and balance sheet for two years
  • 6-month bank certified bank statement
  • Business Ownership documents
  • Proof of business loan documents issued by statutory authorities
  • Trade licenses
  • Any other document as required by law

You can use the Business Loan EMI calculator to decide on the EMI you are comfortable to accept. The EMI calculator seeks three parameters from you which are

  • The loan amount
  • The interest rate
  • The tenure of the loan

You input these values into the calculator and it will tell you the EMI payable. You can iterate by changing the values. Each iteration results in values depicting

  • Exact EMI payable
  • Interest payable for the period of the loan
  • Total amount payable inclusive of principal and interest

Benefits of Business Loan:

You can use a Business Loan to:

  • Increase your business cash flow

  • Lease bigger office premises

  • Renovate your office

  • Purchase, lease or repair machinery and equipment

  • Upgrade to the latest technology

  • Stock up on inventory

  • Hire seasonal employees

  • Purchase raw material for bulk orders

  • Expand to another area or city

  • Scale up operations and take on bigger projects and much more

Advertisements

Leave A Comment !!!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,023 other followers

Archives

Things And Such!!

Pingates.Com

My Twitter Timeline

HOME PAGE

My Portfolio

Contact Me

Page 2 Stage, Twiddles, Devil 743, E-Prerna, Chinminpoo, Inspiration Joint- Launch Your Presence, Orange Cub – Prevention of Cruelty Against Animals & Helping The Strays, PJ & Associates- All About Financial Planning- Equity/ Insurance/ Mutual Funds/ Property Services/ Loans!!

Instagram

PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 , prernaji89.wordpress.com twitter.com/devil743 , facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB . if u cant adopt -foster if u cant foster - sponsor if u cant sponsor - volunteer if u cant volunteer- donate if u cant donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too. #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockey #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance #healthinsurance #coverfox #brokers #policybazaar #renewbuy
PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 ,  prernaji89.wordpress.com twitter.com/devil743 ,  facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB if u cant  adopt -foster if u cant  foster - sponsor if u cant  sponsor - volunteer if u cant  volunteer- donate if u cant  donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE  A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockeyn #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance  #healthinsurance Hii
PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 ,  prernaji89.wordpress.com twitter.com/devil743 ,  facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB if u cant  adopt -foster if u cant  foster - sponsor if u cant  sponsor - volunteer if u cant  volunteer- donate if u cant  donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE  A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockeyn #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance  #healthinsurance Pooja ..
PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 ,  prernaji89.wordpress.com twitter.com/devil743 ,  facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB if u cant  adopt -foster if u cant  foster - sponsor if u cant  sponsor - volunteer if u cant  volunteer- donate if u cant  donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE  A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockeyn #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance  #healthinsurance Awards..
PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 ,  prernaji89.wordpress.com twitter.com/devil743 ,  facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB if u cant  adopt -foster if u cant  foster - sponsor if u cant  sponsor - volunteer if u cant  volunteer- donate if u cant  donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE  A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockeyn #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance  #healthinsurance Awards..
PJ & ASSOCIATES @ COVERFOX/RENEWBUY/ SMC/SALESPOINT POLICYBAZAAR/MINTPRO/GIRNAR/MULTILINK/SECURENOW/policyx/paynearby/iassure velocity/easy policy -WEB INTEGRATORS 71 companies.400 products-ONE PLATFORM Call +91-9971486715 ,  prernaji89.wordpress.com twitter.com/devil743 ,  facebook.com/er.prerna.jain , youtube.com/channel/UC-vO0dQrLqE8G1pRRvThrFA/videos , Instagram.com/devil743_orangecub_prernajain/ , linkedin.com/in/prernajain26 , Motor/Life/ Travel/ Marine/ Health/Property (Office/ Home)/ Pet/ Liability/ Fire- Burglary/Cancer Insurance, ULIP,  Personal Accident /Critical Illness /Business/ Corporate  Insurance .Keyman, Employer Employee. Married Woman Property Act.Partnership, HUF, Professional Indemnity, Workmen Compensation, Erection/Construction- All Risk, Contractor’s Plant & Machinery, Group Policy, Retirement- Pension/Annuity,Gratuity,Leave Encashment, Child –Education/ Marriage, NRI / High Net Worth Plan,  Handicap Dependent/ Child with  Special Needs, Pure Term/ Term with Return of Premium » Income Tax Return Filing. Accounts Writing/GST »Equity/Commodity, Securities, Stock Broking, DEMAT & Trading, Derivatives/Currency, Mutual Funds SIP/ Equity Linked  Savings Scheme , IPO /  Debentures, NFO /Portfolio Management Services .Fixed Deposit / Bonds For Collaboration, ph: ( +91)9971486715 INSPIRATION JOINT 》 Emcee Anchor Speaker Event manager Orator Trainer Radio / video jockey Presenter Voiceover artist Host Ventriloquist Launch your presence- blog content writing SEO/SMO ORANGE CUB if u cant  adopt -foster if u cant  foster - sponsor if u cant  sponsor - volunteer if u cant  volunteer- donate if u cant  donate -educate/ network/cross post/ feed/ help EVERYONE CAN DO SOMETHING TO SAVE  A Life. Help voiceless/ it's service to GoD Drive slow, stop for animal. Someone is waiting at home for you in your family & animal's too #gettyimages #metgala #fashion #commission #anchor #host #emcee #radiojockey #videojockeyn #voiceoverartist #ventriloquist #presenter #trainer #orator #loan #speaker #insurance #doggo #blogger #germanshephard #newsreader #journalist #mutualfunds #lifeinsurance  #healthinsurance Hey
Follow PJ & Associates- Wealth Management, Family welfare Consultant, Investment Portfolio Advisor Estate Planning, Tax Filing, Life/ Health/ Asset Insurance, Risk & Liabilities Strategist on WordPress.com

Hours & Info

(+91)9971486715
10 am- 9 pm
October 2018
M T W T F S S
« Sep   Nov »
1234567
891011121314
15161718192021
22232425262728
293031  

Training Videos

Youtube Videos

Happy Holi To All The Readers Of My Blog!!

Thought For Diwali :-)

Blog Stats

  • 29,005 hits, thank you friends

Follow me at Twitter

Proud To Be IndiBlogger

Lets Be Friends On Facebook

Connect With Me At LinkedIn

Lets Meet At StumbleUpon

Follow Me At Pinterest

IMPORTANCE OF CASHLESS HEALTH INSURANCE

WHY LIFE INSURANCE TERM PLAN RISK COVER

PJ & ASSOCIATES

PRIVATE/ COMMERCIAL VEHICLE INSURANCE

%d bloggers like this: