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Tata Capital is part of the renowned Tata Groups, that brings with it aplenty of experience with the Indian Consumer Market. This experience has led them into developing loan products that cater to a wide category of businessmen.
Tata Capital Business Loans enable entrepreneurs to realize their dream; be it setting up a new manufacturing unit, launching a new store, expanding your present setup, buying that latest equipment and many more, they have your back.
Tata Capital Business Loans are disbursed through the following channels –
Tata Capital follows a simple hassle-free application process:
Tata Capital Business loans help you with your day to day business needs or long term asset creation. Some of the areas where Tata Capital Business Loans come in handy are:
Businesses need the right resources and tools to grow. Expanding your business at the right time to make sure that your profits don’t shrink. Tata Capital Business loans help you with the costs of expansion while keeping your operational costs stable so that you can concentrate on your business growth without any compromise.
Having an updated inventory is necessary for business continuity. Whether you are into retail, wholesale or seasonal business, inventory planning is very important. Purchasing and stocking inventory takes a lot of resources. Tata Capital Business Loans provide finance for inventory replenishment so that you are able to meet customer demands timely.
Cash flow presents as an important challenge to any business, especially the seasonal ones. When your projected sales are seasonal, so is your cash flow. With a staggered cash flow, you are bound to face issues with inventory purchase resulting in losses relating to costs of inventory, staff, utilities and rent or mortgage. Tata Capital Business Loans ensure adequate cash flow to overcome these issues.
Every business unit has the need to purchase, replace, repair or upgrade various kinds of equipment. These equipment are expensive and essential for the business to run smoothly and efficiently to ensure maximum productivity. Tata Capital Business loans provide you the money to ensure regular upkeep of equipment to run your business seamlessly. These loans also allow you to manage any unplanned expenses like the repair or replacement of broken equipment that could harm your budget.
Business Loans for Women
As the name suggests, this is a special type of loan offering specifically designed to meet the business needs of women entrepreneurs in the country. These loans are generally constituted by lower interest rates, low processing fees, and no collateral guarantee requirements.
From Rs.5 lakhs up to Rs.75 lakhs
Competitive rates starting from 19%
Ranges from 12 months to 36 months
Must be between 25 to 65 years
No collateral needed
Upto 2.75% of the loan amount + GST
Penal/Additional Interest Rate
3% on Overdue amount per month + GST
After initial 9 months of repayment
4.5% on the future Principal outstanding on existing loan + GST
Procuring the best quality machinery is key to the businesses’ success. It is also necessary to have the necessary funds to take care of unexpected repairs and refurbishment of machinery. Tata Capital Machinery Loans allow customers to purchase new machinery or equipment for a business.
MSME & SME Loans from Tata Capital provide a single line of credit for funding the needs of small and medium-sized business enterprises. An MSME/SME loan can either be used towards working capital needs or for long-term business requirements.
MSME & SME Loans can be utilized for the following needs –
Age Eligibility - must be within 25 to 65 years
Profitability - Your business must show consistent profitability for the last three consecutive years
Business Continuity – You should prove an upward trend in your business turnover
Balance Sheet - A registered Chartered Accountant must have audited your balance sheet
1. Who is eligible to apply for Tata Capital Business Loans?
The customer segments covered under Tata Capital Business Loans are listed below:
2. What are my options to repay my Tata Capital Business Loan?
You can pay your EMIs through Post Dated Cheques, Electronic Clearance Service (ECS) or Direct Debit.
3. What is the maximum loan amount I can through Tata Capital Business Loan?
You can get up to Rs.75 lakhs and more depending on your credit score.
4. Is the interest rate fixed or floating?
The interest rate for Business Loan is fixed.
5. How to apply for a Business Loan?
Tata Capital Business loans come with quick processing. The online application process is a simple and secure form which takes less than 10 minutes. You can then upload the necessary documents and your loan will be approved within just days.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.