How can a Chartered Accountant Grow His Business?
Chartered Accountants act as financial advisories for business people and individuals. They require proper office spaces to run their practices. Whether it’s for establishing a new office space or renovating the existing one, having adequate funds to suffice the total expenditure is the foremost requirement.
Hence, to scale up your practice as a Chartered Accountant, you can avail Business Loans for CAs offered by leading NBFCs like Bajaj Finserv. These are custom-made loans explicitly designed for a consultant or practising Chartered Accountant.
Grow your business with loans for chartered accountants
There are many ways you can utilise the Bajaj Finserv Business Loans for CAs to grow your firm.
1. Renovate your office:
Revamping the office can largely influence your employees and clients both. You can implement a smart design, a new colour, latest instalments or new sets of furniture; everything with hassle-free business loans for CAs.
2. Upgrade the technology:
No heavy equipment is required in a CA practice. But those bundles of files, heaves of papers, racks of ledgers, etc. can all be compiled in one 15 inches laptop or PC. Then, there are advancements like tally to tally ERP, accounting information system, income tax software, etc. to aid CAs through their various impounding tasks. Hence, upgrading to the latest technology with a Bajaj Finserv Chartered Accountant Loan would always keep your business a step ahead.
3. Working capital management
Working capital is essential to every company for catering to its short-term expenses. It ensures continuity in business, boosts productivity, aids in withstanding fluctuations and repaying long-term advances, surges creditworthiness, etc. Therefore, make sure to suffice your working capital requirement with a business loan.
4. Employ new team
To grow your business, you need a stable and qualified team. Now, don’t worry as you can fund your payroll requisites with the availed business loan.
Once the loan is sanctioned, use the amount at your preference to expand your business. However, you must assess your requirements first before applying for a business loan.
Benefits of Bajaj Finserv Business Loans for CAs:
• Collateral Free business loan
• Easy to avail through a hassle-free financing process.
• Minimal documentation is required.
• Access to high loan amount up to Rs. 35 Lakh.
• Low business loan interest rate.
• Quick loan disbursal in just 24 hours.
• Flexible repayment tenor from 12 to 96 months.
Bajaj Finserv also offers document pick-up facility for your convenience. Existing customers can additionally enjoy the pre-approved offers, which speed up the loan sanctioning and disbursal processes.
Additional Benefits for CAs:
Besides the business loan, you can avail personal loan and home loan for CAs for moving to a new house, transferring your current home loan balance, financing your kid’s overseas education, funding a vacation or wedding, etc.
There’s also the Loan against Property for CAs which you can avail for high-end requirements like office expansion, building new premises, etc. Such long-term loans are of high amounts with no restrictions on the end use. To enjoy the benefits as a Chartered Accountant, all you need to have is an office or a house and a COP (active for at least 4 years).
So, plan your finances well and initiate the growth of your CA firm practice with Bajaj Finserv Business Loan.
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