Tata Capital Business Loan

Types of Tata Capital Business Loans

Tata Capital offers a wide range of business loans to meet the diverse needs. Tata Capital business loans are designed to help businesses finance their growth and expansion plans, purchase equipment, improve cash flow, and meet unexpected expenses.

Here are the different types of Tata Capital Business Loans:

Tata Capital Working Capital Loan

Tata Capital offers a variety of business loans for working capital, to take care of urgent financial needs including

Working Capital Demand Loan:

Loan provides a flexible line of credit for short-term financial needs,such as paying salaries, inventory, and other operating expenses.

The repayment tenure for this loan can range from 12 to 60 months.

Working Capital Overdraft Loan:

This loan allows businesses to overdraw on their current account up to a pre-approved limit.

Helpful for businesses that need to cover unexpected expenses or short-term cash flow gaps.

The interest on this loan is charged only on the amount that is withdrawn.

Invoice Discounting Loan:

This loan allows businesses to convert their outstanding invoices into cash, even before they are paid by their customers.

This can help businesses to improve their cash flow and meet their working capital needs.

Structured Products:

Tata Capital also offers a variety of structured financial products that can be customised to meet the specific working capital needs of businesses.

These products may include a combination of different types of loans, such as working capital demand loans, overdraft loans, and invoice discounting loans.

Tata Capital MSME/SME Loans

Tata Capital Business Loan for MSME/SME is a collateral-free loan that helps businesses grow. It can be used for a variety of purposes, including purchasing equipment, expanding operations, and hiring staff. The MSME loans are offered by various lenders including Tata Capital, let’s go through details from below:

Tata Capital Business Loan for Women

Tata Capital Business Loan for Women is designed to help women entrepreneurs scale their businesses. It is a collateral-free loan with flexible repayment options.

Interest Rate:

Loan Amount : Rs 5 lakh to Up to Rs 75 lakh

Tenure of Loan: Up to 3 years

Tata Capital Business Loan for Machinery

Tata Capital Business Loan for Machinery helps businesses buy new machinery and equipment without collateral and with flexible repayment options.

Interest Rate: 15% p.a. onwards

Loan Amount : Rs 5 lakh to Up to Rs 75 lakh

Tenure of Loan: Up to 3 years

Tata Capital Term Loans

Tata Capital Business Loan for Machinery helps businesses buy new machinery and equipment without collateral and with flexible repayment options.

Interest Rate: 15% p.a. onwards

Loan Amount : Up to Rs 2 crores

Tata Capital Business Loan Structured Products

Tata Capital Business Loan Structured Products are customised financing solutions designed to meet the specific needs of businesses of all sizes. Here are some of the options offered by Tata Capital under this facility:

Debt Syndication: Tata Capital debt syndication is a service that helps businesses raise funds (in rupee and foreign currency) for a variety of purposes, such as business expansion, acquisition, refinancing, and debt restructuring.

Structured investments: Tata Capital Structured Investments is a service that provides businesses with access to mezzanine capital in the form of convertible bonds or non-convertible debentures. Mezzanine capital is a type of financing that falls between debt and equity. It is typically subordinated to debt, which means that it is repaid after debt in the event of liquidation. However, it also has some equity-like features, such as the potential to convert into equity if the business meets certain performance targets.

Loan Against Securities: Loan Against Securities (LAS) is a business loan facility that allows businesses to raise capital by pledging their securities, such as equity shares, bonds, mutual funds, or government securities. LAS loans are typically secured loans, meaning that the lender has the right to sell the pledged securities if the borrower defaults on the loan.

Letter of Credit (LC): A Letter of Credit (LC) is a financial instrument issued by a bank to a buyer or importer, guaranteeing payment to a seller or exporter upon fulfilment of certain conditions. LCs are commonly used in international trade to reduce the risk of non-payment for both parties involved.

Lease Rental Discounting: Lease rental discounting is a financing solution that allows businesses to convert their future lease receivables into cash today. This can be a useful tool for businesses that need to access cash quickly to finance growth or other expenses.Tata Capital offers lease rental discounting to businesses of all sizes.

Loan Against Property (LAP): Tata Capital offers LAP loans to businesses that pledge their residential or commercial property as collateral. Businesses can borrow up to 70% of the property value, with tenures of 1 to 9 years. LAP loans are collateral-free, have flexible repayment terms, competitive interest rates, and a quick and easy application process.

Tata Capital Business Loan for Equipment Financing & Leasing

Tata Capital Business Loan for Equipment Financing and Leasing is a loan facility that helps businesses acquire the equipment they need to grow and operate their businesses. The loan can be used to finance the purchase of a variety of equipment, including machinery, vehicles, and IT equipment.

1. Tata Capital Equipment Finance: offers term loans, operating leases, and hire purchase solutions to help businesses purchase equipment for expansion, working capital, and other needs.

Term Loans: can be used for expansion, repaying debt, upgrading technology, investing in R&D, and working capital. The bank offers an LTV ratio of 70-80% of the equipment value.

Tata Capital Buyer's Credit: Tata Capital Buyer's Credit is a short-term loan that allows importers to buy goods from overseas suppliers on deferred payment terms. The loan is issued by a foreign lender, typically based on a letter of credit.

Digital Equipment Loans: Tata Capital offers pre-approved digital machinery loans of Rs 10 lakh to Rs 1 crore with 2-5 year terms.

2. Tata Capital Equipment Leasing: lets businesses acquire equipment without upfront investment, conserve working capital, improve cash flow, reduce obsolescence risk, and get tax benefits. Businesses must be registered in India, have good credit, and have a clear purpose for the lease.

Tata Capital Construction Finance

Tata Capital Construction Finance provides loans to real estate developers in select cities, based on the project, developer, and market conditions.

Tata Capital Commercial Vehicle Finance

Tata Capital Commercial Vehicle Finance offers term loans, WCDL/TL, refinance, structured finance, and top-up loans for up to 100% financing of new and used commercial vehicles. It offers customised solutions with minimal documentation.

Tenure of Loan: Up to 5 years

Tata Capital Construction Equipment Finance

Tata Capital Construction Finance offers new asset finance, working capital loans, letter of credit, refinance, structured finance, and leases for up to 100% financing of construction equipment, with minimal documentation.

Tenure of Loan: Up to 5 years

How Do You Apply for Tata Capital Business Loans with Buddy Loan?

Steps To Apply For a Personal Loan with Buddy Loan

• Step 1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).
• Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.
• Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
• Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
• Step 5: Enter your work details (Including company name, years of service and Designation)
• Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
• Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.