Monthly Archives: September 2018

small business loan

5 Goals to Achieve with a Small Business Loan

Business problems are inherent in every business journey – 8 out of 10 problems are said to have stemmed from the lack of finances in the business structure. However, with the emergence of digital lenders such as TAB Capital, small businesses are turning to unsecured business loan for financial support, in times of severe cash crunch.

A small business loan not only helps you fix the financial stability of your business, but also backs your capability to resolve other business issues. The money borrowed for a business purpose through a small business loan has no restrictions in terms of usability, as long as it caters to your business purposes ONLY. So, to shoot up your business growth to newer levels of success, it is extremely crucial to chalk out a strategic plan before putting the money at work.

Let us look at the top 5 goals you can achieve with your small business loans.

  • Purchasing Equipment – The right equipment can help you stay prone to business downturns. Along with improving your business efficiency and ability to innovate, it also helps you escalate production cycles. Unlike large scale business setups, small businesses face severe challenges when it comes to purchasing machinery for upgrading business performance.  But the good news is that small business loans, specifically targeted at SME and MSME needs, are emerging as the best financing option for small businesses in unfavorable situations.
  • Business Expansion – Business expansion is a crucial benchmark to achieve, especially when you are still finding your ground to make a mark in the market. Hasty decisions to scale up operations typically backfire! So, before you start crossing the line to make new amends in your business setup, make sure you have a sturdy plan of action in hand. You can go ahead with a small business loan thereafter. It might just turn around the financial future of your company!
  • Inventory – If your business is faltering in terms of turnaround and output, it is time to invest in good inventory. There is no alternative to purchasing adequate inventory so as to push sales and business growth. So, if you are looking to scale up your business operations, inventory is the primary asset that you should invest in before anything else.
  • Operational costs – If you think that your business is prone to facing a sudden turn down due to lack of operational efficiency, you may consider taking a small business loan right at the moment. From paying electricity bills to employees’ salaries, a small business loan can help you resolve all these issues.
  • Grab new business opportunities – Opportunities always do not come knocking at your door. But when they do, make sure you do not miss out on them. Say you’ve cracked a deal that can create a big difference for your company in the long run. But you are falling short of the right amount of inventory and equipment. Would you be willing to give up on a golden chance? Opting for a small business loan and accomplishing all your targets would mean a lot more than regretting over a ship that has already sailed! Right?

No matter what, money should always be handled carefully. Only then, can it bring back greater returns to you in the long run.  So, plan your approach as per your business interests and never go overboard.

TAB Capital offers customer-friendly Online Business Loan to small businesses without any collateral. With TAB Capital’s revolutionized digital lending system, you can apply for an unsecured business loan from the comfort of your home, and enjoy optimum benefits of attractive interest rates, maximum loan amount, flexible repayment tenure and superfast loan disbursal!

To apply for an unsecured business loan with TAB Capital, Click below on Apply online.

comprehensive guide for choosing the right Two-Wheeler Loan

A comprehensive guide for choosing the right Two-Wheeler Loan

For many of us, two-wheelers are one of our most prized possessions; more so, because their contribution in our daily lives, has been immense. At the time of purchase, we may have bought a pair of wheels with a motor, but eventually, we’ve all come to realize that they’ve become an integral part of our day-to-day living. Such dependency and gratefulness towards two-wheelers has fuelled an emergence of the two-wheeler industry in India today. Moreover, two-wheeler loan with benefits of low interest rates, easy application, flexible repayment options and swift loan approval process have made the spectrum of external financing even more helpful for buyers. Although there are plenty of options available in the market, it is always suggested to acquire an in-depth knowledge of two-wheeler loans, before choosing the right one.

When we decide to go for a two-wheeler loan, a lot of questions tend to cross our minds. Am I eligible? Can I apply? What documents would I need? How much loan amount shall I receive? What is the EMI? And… the list goes on! It is very important to find answers to all these questions before sealing the deal.

Here is a list of questions you must consider if you’re looking for a two-wheeler loan anytime soon.

Are you getting the best interest rates?

No one wants to buy a product that levies a heavy financial burden on us in future. Make sure, you too do not make a hasty investment. If you have a good credit score, getting your two-wheeler loan would be easier. Nevertheless, you should always opt for a loan that gives you the best interest rates. It is advisable to conduct a thorough market research on which lender offers you the best rate of interest.

Know Why Your Two Wheeler Loan May Get Rejected

Are you missing out on additional offers?

Seasonal offers are extremely benefitting. They not only help you get attractive discounts during purchase, but also provide you with additional offers like free gifts, zero processing fees, free insurance and many more.

Are you over-borrowing?

Check your daily inflow and outflow of cash before you make any financial commitment. It is advisable to think long-terms and avoid being a financial crunch in future. Keep some money aside for contingencies too.  Look up your EMIs on an EMI calculator and assess the exact amount of money that you need for the bike. Borrow wisely! Over-borrowing may cause a financial stress in the long run.

Do you have a repayment plan?

Do not stretch a loan for a long time. Assess your financial situation and opt for a repayment tenure that suits you the best. It is important to choose a plan that extends to you flexible EMIs and long repayment tenures.

TAB Capital is the right choice for a two-wheeler loan if you haven’t made a choice yet. Get up to 100% of the maximum two-wheeler loan amount, and enjoy other benefits of attractive interest rates, swift online application, zero pre-payment penalty, no hidden charges and superfast loan disbursal!

Apply for a two-wheeler loan with TAB Capital NOW!