As a professional whose job focuses on finances of individuals and businesses, you know that managing your own CA firm’s finances is equally important. This is especially true in a time where tax laws and compliance requirements are changing, and integration of artificial intelligence (AI) and big-data is creating new possibilities.
In order to stay ahead of the competition, it’s important to pay attention to your core competencies and focus on your business’ growth. As this requires significant finance, you can avail the Bajaj Finserv Business Loan for Chartered Accountants. This customised solution offered by Bajaj Finserv, through its lending and investment arm Bajaj Finance Ltd, gives convenient features such as a flexible tenor, swift disbursal and most importantly, a large loan amount.
Read on to know how you can transform your firm with a Business Loan for CAs from Bajaj Finserv:
Carry out office renovation and purchase software with a large principal
Continual expansion of the operational workspace is part and parcel of the growth of a firm. This includes desk space and options for laptops, computers and other hardware. Further, in addition to overhauling your machines, you must also install the latest software if you want to offer superior services. Today, with cloud-based services becoming a reality, scrimping on software is not advisable, and it’s best to invest in the latest software for auditing, payroll processing, and tax filing if you are to offer 360-degree services. In order to carry out these changes you will need substantial capital, and Bajaj Finserv helps you get access to this by offering financing of up to Rs.37 lakh on convenient terms.
Tap into new markets easily with a hassle-free financing solution
To obtain a large principal from Bajaj Finserv you needn’t pledge a high-value asset. Moreover, documentation and eligibility requirements are minimal too, further simplifying application. These features can help you make the most of time-bound opportunities that come your way as you can get access to financing instantly. For instance, considering the large number of MSMEs having to comply with GST laws, you can setup a team for GST consultation services. Similarly, you can go beyond tax filing and auditing to management consultancy and financial advisory services to help companies perform more efficiently.
Manage your cash flow seamlessly with Flexi Loan facilities
Part of running a firm well is ensuring that your cash flow is healthy. While there will be times that cash inflow may be deficient, this shouldn’t hamper your business. To ensure that you have sufficient liquidity for day-to-day expenses even when demand for your services is low, opt for Bajaj Finserv’s Flexi Loan facility. Perfect to plug cashflow gaps and meet unplanned expenses, it facilitates multiple withdrawals from the total sanction and offers you the convenience of paying interest on the amount withdrawn only. Moreover, you can prepay the loan at no extra charge and also opt to service the loan by paying interest as EMIs throughout the tenor. Then, simply repay the principal once the tenor is up.
Hire additional staff during the tax filing season with timely financing
With workload increasing during peak season, such as when the tax-filing deadline is approaching, you may want to bring expert professionals and consultants on board so as to ensure that the quality of your services is maintained and that you can take on more work at the same time. You can take care of such requirements effortlessly as the loan offers finance in just 24 hours, with a generous repayment tenor of up to 72 months.
To complete on-boarding of new employees and manage the other tasks that are essential to your business’ growth, you only have to meet two eligibility criteria. Once you have a COP for at least 4 years and own a property in a location where Bajaj Finserv operates, you can simply check your pre-approved offer to apply. Courtesy of doorstep document pickup services, you don’t have to leave your home or office to apply for this loan. Get the financing you need instantly, without shifting your focus from your business.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Loans for Professionals, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in