How to get easy business and housing loan in Dombivli?

Whether you are planning for a startup business or willing to expand your current business, one thing that every businessman needs is financial assistance at some point in time. We all know, it is impossible to have a huge amount of liquidity.

When you are asking for a business loan in Dombivli?

You need to have a strong business plan in order to get the loan. The lender before passing you the loan would want to make sure that you will return it in time and according to the terms and conditions discussed at the time of the lending loan. Thus prepare an excellent business plan before going to ask for a loan. Some major points that the lender will check before sanctioning you the loan is -

- Company Description

- Details of Goods and services your company deal in.

- Tools and Strategy for Marketing

- Staff and Management Experience and Skills.

- Financial Projection

- Yearly cash flow of last year.

- Purpose of Loan

- Future Strategies and plans.

Business Loan In Dombivli

Prepare a document having the details of all such points. Make your deals clean and legal. You can take the help of an accounting firm also to prepare the documents.

Remember another thing that bank is not the only place to get a loan from. If the banks refuse to sanction your loan you can try getting SBA loan financing from the government, invoice financing etc. Online Fundraising is also another popular option nowadays. Many startups which have unique idea and concepts can easily raise capital from funding websites.

When to seek for Housing Loan in Dombivli?

In our country, having a house of our own is still a dream for many people. However, now it is not that difficult as there are multiple financial institutions providing easy loans at affordable rates. Still, you should consider some point while searching for the loan to get it more promptly.

You will need the following documents while applying for the loan -

- Duly signed photograph of yours.

- Identity proof (for resident and age verification)

- Bank statements of last 6 months.

- Valid salary slip of last 3 months and if you are a businessman then proof of business existence.

- Authentic cash flow statements if you are a business owner.

- Documents of income tax returns.

- Other bills and papers as required by the lender.

Housing Loan In Dombivli

You will need all these documents during the whole process of loan sanctioning. Thus it is advisable to keep ready all such documents in advance in order to avoid any unnecessary delay and inconvenience.

Also, like business loans, many private financial agencies also grant housing loans. You can get a loan under a government scheme also. Thus, before moving towards a specific option, try researching on the Internet about the wide availability. Ask your relatives or use the personal network to find the best deals.

You can hire a lawyer to help you in getting the approval for loan sanction or take the help of counselors.

Benefits Of Having An Accountant In Business

Accounting is such a complex task which cannot be perfectly done without hiring an expert. Nowadays in business entities, it is very common to have an Accountant of their own or opting the services of an Accounting Firm. Accountants are those trained professionals who assist in your financial works and formalities. They record your daily transactions, analyze and summarize them, prepare your yearly financial statements, audit the Accounts, fulfill legal obligations and tax formalities. By having the services of a Top CA firm in Dombivli , you can derive value out of your money. There are numerous benefits of having an Accountant and some of them are given below.

 

Top CA Firms In Dombivli

1) Saves Time -

You being a business owner you can understand that each minute is important for you. Hiring an Accountant or opting for the services of an Accounting firm can save your time. Finding affordable accounting service in Dombivli is very easy and by choosing one good firm you can use your time effectively.

The Accountant will keep all your business transactions recorded and summarized. He will also prepare the financial statements and comply the tax formalities before the deadline.

2) Cost Efficiency -

It may not be possible for you to keep the track records of all the deadlines of complying business formalities. Do not worry. An Accountant will do it all for you. He will file the returns and comply tax formalities before the due date and helps you to save money on fines, penalties which are imposed on late submission. The Accountant can also give financial advice where to invest and where not, what are the risk-prone areas in business. For all these suggestions you do not have to seek for the professional financial advisors. The Accountant will also help you to find legal ways to reducing the tax liabilities.

3) Manages complex Accounting tasks -

Accounting nowadays has become such a complex work which includes so many aspects to be covered. You may not be proficient to do this task by yourself. Accountants are trained professionals who have learnt skill and techniques to do such works. From getting your business transactions recorded to audit your financial statements, a good Accountant can do all such works with perfection and in time.

4) Legal Advice -

The Accountants during their course study business and corporate law thus they can also play the role of a legal advisor for your company. You can any time seek advice regarding your legal suits and issues from your Accountant. An Accountant can also tell about the schemes and plans which will benefit the company. Many CA firms in Dombivli provide this kind of excellent services.

CA Firms in Dombivli

5) Manages Assets -

Accountants are trained person and they know it very well how to utilize the assets of the business with utmost efficiency. An Accountant will guide you regarding the valuation of assets and will also tell if an asset is being underutilized. In case of an asset being undervalued, they can help you to fetch maximum profit out of its sale.