Announcement of Demonetization by the Govt of India has change the rule of game in digital transactions. Digital transactions have taken leap forward and made the financial transactions easy. Plastic money i.e Credit/Debit Cards transacted through Swipe Machine has become a tool in getting financing from different digital lending providers.
Entire turnover through these POS machine can be considered as recorded sale and can facilitate the retailers and traders to avail loan facility from lenders. This loan facility called Merchant Cash Advancecan give impetus to your sale and provide easy liquidity for your operational convenience. You can avail financing up to twice the average sale through the point of sale machine.
Difference between Merchant Cash Advance and Normal Business Loans
Normally business loan is provided on the basis of your sales/turnover recorded in the balance sheet and profit and loss account. But Merchant Cash Advance is available on the basis of sales through POS terminal. Business loan has bit lengthy procedure while Merchant Cash Advance can be processed with minimum documents which make it very hassle free.
TAB Capital Ltd, a RBI registered NBFC, having branches at Hyderabad, Bangalore, Chennai, Delhi & Pune, provide easy and hassle free Merchant Cash Advance to all the small and medium entrepreneurs, retails/traders to take mileage in boosting their turnover and avail finance for their daily operational needs by applying online with attractive interest rate and flexible repayment options.
For Applying Merchant Cash Advance at TAB Capital just three simple steps are enough
- Complete the online application form by filling your credentials
- Upload all the required documents on portal by scanning
- Get the loan approved in 2 working days
At TAB Capital Ltd., we care for your business growth and wish to partner your progress by recognizing the sale through digital platform and providing eligible finance within 2 working days with competitive rate of interest and flexible repayment options.
