Category Archives: Loan to Professionals

Safe Online Business Loan

How safe are online business loans?

If you are a small business owner, and are willing to scale up your business operations in forthcoming days, you must evaluate the various commercial or financing options available in the market. You might be in need for contingency funds when your business is going through a lean period, or when your business growth needs a financial boost to shoot up operations in the long run. However, when it comes to loaning money from external sources, SMEs and MSMEs are left with very less choices. The historical past has witnessed small business loans being turned down on their loan requests due to the stringent loan approval benchmarks set by banks. Nonetheless, thanks to the advent of digital lending! Today, small businesses have an alternative to borrow online business loans which are more convenient and quicker in comparison to the traditional lending system. Small business loans sanctioned digitally can serve immediate business needs. However, it is very important to ascertain a lender’s reliability before proceeding with business terms. Identity thefts and cyber–crimes have shot up risk and non-compliance levels, causing victims to lose money in crores each year! SMEs and MSMEs are the major targets of scammers, forgers and fraudsters; hence, entrusting your business’s identity in safe hands is crucial. The good news, however, is that advanced FinTech has leveraged safer online lending, and made transactional proceedings a lot seamless.

Let’s look at some of the basic facts about legitimate online lending which can keep your business credibility far from the reach of scammers.

How to Identify Fraudsters?

Most prevalently, fraudsters spot business owners through unsolicited emails or text messages, and malware ads that pop up on a web page. People tend to fall prey to ‘lucrative’ scams because they are duped with things that are too good to be true. So, understanding the common red flags before applying for an online business loan from a lender is pivotal, to keep your interests safe.

  • Lender asks for upfront fees – If a lender asks for upfront fees as a registration credit fee or a down payment from you before approving your loan, walk away immediately. Lenders shall only charge you a loan fee when the loan is approved, and nothing beyond that!
  • Lender has no physical address – Even if you deal with a lender online, you must do a due diligence of the lender’s physical address. If there is a gap in here, you must understand that the lender’s business has no legitimacy.
  • Lender offers cash advance loans – If there are no applications to be filled in or no credit checks to be conducted, yet there is a complete cash advance loan being offered, the matter is quite fishy! The scam is only set up to extract your personal information.

How to Identify a Legitimate Lender?

Here are some of the facts you should look for in an online business loan lender.

  • Strong Encryption and Security Protocols – A legitimate lender takes care of his business protocols. A reliable lender has a legitimate _”https”_ website which protects your personal information on both ends through Transport Layer Protocol.
  • No Complaints – A good online lender does not have too many bad reviews in the Better Business Bureau (BBB) records.
  • An Informative Website – A legitimate lender’s business has a strong background in the past, and his website does not mask information on the company’s front.

Who are Platform Lenders?

Platform lenders are the best companion of small business owners. They do not evaluate a business’s credibility through the business’s credit score only, rather focus on various other flexible and data-driven creditworthiness of a borrower. Online sales receipts are one of the instruments to assess a borrower’s credibility to repay an unsecured business loan. Fintech lenders also offers collateral free Business Loans with attractive interest rate and long repayment tenure, alongside breaking stereotypes of the traditional lending system. In a nutshell, digital lenders are often capable of filling up the essential gaps between businesses and estimated business growths.

TAB Capital’s Digital Lending Platform offers small business loans that are a one-click solution to all your quick business requirements. A 100% legitimate lender as TAB Capital can resolve your business issues with an optimum financial boost and lucrative offers. Apply for your unsecured online business loan Click Here.

Loan_for_CA

Follow these 6 simple steps and get the best online Chartered Accountant loan

Scaling up your professional career as a Chartered Accountant towards greater goals is not an easy task to accomplish. Once you learn the nips and tricks of excelling in your field of expertize, you have to make sure the inflow and outflow of cash in the process is taken care of. Sometimes, monetary hits are difficult to cope with. However, with TAB Capital Limited’s Digital Lending Platform getting things fixed and progressing with confidence is doable. Accessing finance easily through an online Chartered Accountant loan can make your stint convenient and hassle free.

Let’s look at 6 important steps to get a Chartered Accountant loan online.

  1. Understand your loan requirements – It is very important to understand the exact purpose of the loan. Chalk out the amount of money you need, the type of loan and repayment tenure that suits you the best. Once you have assessed all of these, you can avail a Chartered Accountant Loan without any uncertainty.
  2. Research on the available loan providers – Although you can avail CA loans from banks, financial institutions and NBFCs, it would cost you a tedious amount of effort. Availing an online CA loan can be the easiest and fastest process. Look for the best online loan providers and pick the one that suits your needs the best. TAB capital Limited offers you CA Loan without any collateral and disburses the funds in less than 2 working days.
  3. Check the eligibility criteria – It is necessary to go through the eligibility checklist before you reach out to a loan provider. Not everyone can avail a CA loan. So, checking the eligibility criteria ensures that your loan application will not be rejected. It is advisable to do your homework before you apply for the CA loan.
  4. Assort and arrange the required documents – It is obligatory to assort and arrange all the required documents that you need for submission before you avail a CA loan. Every loan binds you in a legal contract, and the deal is sealed only when your paperwork is error-free and all in place. Some of these documents are your identity proof, address proof, educational qualification certificates, bank statements and salary slips.
  5. Compare the rates of interest for CA loan – Besides paying the loan, you have to pay an additional interest after you avail a CA loan. Since this is an additional outflow of cash, you must do a thorough research of the rates of interest levied by different loan providers. TAB Capital Limited offers attractive interest rates to customers from time-to-time.
  6. Apply for a CA Loan online – If you have assessed all the aforesaid points and shortlisted your loan provider, it’s time to apply for the CA loan online. Online application is the most seamless process that you can opt for. Simply upload all the required documents through TAB Capital Limited’s Online Lending Platform and wait for the approval. Once it is approved, you can receive your funds within 2 working days.

TAB Capital, a leading Digital Lending FinTech NBFC is the solution to all your financial problems. With no collateral and attractive interest rates, you can expand your CA business without any monetary hassles.