TAB Capital Blog

There exists many a myth regarding  machinery loans  that makes people believe that it is something that is difficult to get. Well, it might have been in the past but with rapid technological advancement and growth of FinTech NBFCs (Non-Banking Finance Companies) providing machinery finance, the scenario is quite different now! Machinery Loans are now Faster, Easier and much more Affordable! So it’s time to bust those myths and look at the top 5 machinery loan facts ...

Micro Small and Medium Enterprises (MSME) is one of the main growth drivers of India in recent times, with its contribution to GDP being almost as high as 8%.   The main reason for growth of the MSME sector are predominantly because of the availability of business loans for small businesses by NBFCs which do not need collaterals like the traditional sources of finance. Traditional sources of finance, for example a business loan from a bank, was as unachievable to get as a star from the night sky! Not only was the process too long drawn and complex, but there were huge paperwork involved and most importantly people who needed the loan had to provide collaterals against the loan (which was very hard to do specially for the micro and small business people). But then came the era of the unsecured business loans by NBFCs and the rest is history! So the small town vegetable vendor who wants to have a shop in the local market, the fashion designer who wants to open a store of his own

To cope with the speed that scales up bit by bit every single day, self-reliance becomes pivotal. However, when it comes to commuting from one place to the other, one cannot begin to imagine the speed lag while on roads! Indian streets getting overcrowded with vehicles have made traveling with convenience a crucial matter of concern. Long serpentine bus queues or a heavy surcharge being levied on cab bookings, the common Indian man, with a huge hole in his pocket, is stuck up either in traffic or claustrophobia. Against this backdrop, Tab Capital launched a solution that makes life in this rat race, a lot easier. Two-wheelers open up a new world of convenience for daily commuters, don’t you agree? Navigating one’s way cutting through the bustling traffic, and of course, self-reliance, are some associated benefits. So, if you are planning to get a new bike or a scooter for yourself, let us assure you that it is albeit a fruitful investment. Furthermore, if you are worried about