Bajaj Finance Consumer Loan – Making Comfort Affordable

The standard of living of the common man is improving, thanks to the various financial solutions offered by banks and private finance companies. Today consumers can afford a new home, car, higher education for their children and much more due to the various schemes available in the market. Customers can now also avail loan for basic consumer durable products like T.V., fridge, washing machine, A.C. etc. Consumer durable loans have made affording luxury a reality for many. There are quite a few providers for such a loan, but Bajaj Finance consumer loan is very famous amongst consumers.

Bajaj Finance consumer loan makes it easy for consumers to buy appliances like television, music system, washing machines and more at an easy EMI scheme. Till date such a scheme was available for just crucial requirements like home, car, business etc. But Bajaj Finance has crafted this unique plan to help the common man enjoy the luxuries he has only dreamt of. Under this scheme loan can be availed for products like LCD/ LED/ Plasma TV, Air Conditioner, TV/ CTV, Washing Machine, Refrigerator/ Fridge, Microwave Oven and Home Theatre System. The loan plan is made focusing on three major aspects i.e. easy availability, quick processing and ease of payment.

The loan amount that can be sanctioned under this loan ranges between Rs. 7,500 to Rs. 5,00,000. Plus the exciting part of this loan plan is that the loan is availed a 0% finance i.e. no interest is charged on the repayment of the loan. Plus the plan lets you repay the loan through means of flexible payment options like ECS and post dated cheques. The tenure provided to pay the loan ranges between 12 months to 30 months. Also by timely payment of the loan for around 6 months you can get the facility of prepaying the remaining amount. There are no prepayment charges on the loan.

Bajaj Finance consumer loan can be availed online as well as at leading retail showrooms that have partnered with Bajaj Finance. To get the loan from a retailer all you need to do is visit an appliance/consumer durable store that offers consumer loans by Bajaj Finance. Select the product you want and let the sales person know you are interested in a consumer loan. The sales person will let you know of the process. You will have to fill up a form with the required details and provide basic documents like photo id proof, residence proof and PDCs/ ECS. After the loan is sanctioned you will have to make a down payment of at least 17% to 33% of the product value. The remaining amount can be paid through means of PDC or ECS on monthly basis. The EMI gets absolutely affordable with 0% interest levied on the amount payable.

Now your dream gadget is not far from your affordance, thanks to the feasible scheme of Bajaj finance consumer loan . Their service just does not stop after providing the loan. They also have an excellent after sales service team in place that promptly addresses any client query you put across to them.

Debtor Finance In Australia

Are you seeing to improve your cash flow? Your debtor finance facility should be able to assist you as this allows a business to finance their receivables with the aim of improving working capital and attaining a more constant cash flow. Debtor financing companies need to be flexible and straight forward when it comes to being used with no long-term contracts, no minimum, no ongoing monthly administration fees, and no property security.

Late payments can cause strain on a business cash flow and thus your debtor finance facility should help you get up to 80% on the face value on your invoices. The time frame for the same should be nothing more than 24vhours.

This increase in cash flow proves beneficial to businesses and helps fulfil orders. This allows the business to get control of their operating expenses, take advantage of early payment discounts, pay wages and suppliers on time, and make the necessary investment for expansion.
How this works is that you as a customer goes ahead and purchases goods or services. You will receive an invoice that validates your purchase which when handed over to your debtor financer, releases funds to you within 24 hours to the supplier. The customer then pays back the financer against certain trading terms.

Invoice Finance, Invoice Discounting, Receivables Finance and Cash Flow Finance are industry names that are given by lenders who seek to describe a facility which is generally provided on an ongoing basis where the businesses debtors are unaware that the facility is in place. The industry terminology for this is a confidential or non-disclosed facility. The option of factoring can also be offered on an ongoing basis however, there are certain lenders who will provide funding against single invoices. The businesses debtor(s) are aware of the nature of involvement; the industry terminology for this is a notified or disclosed facility.

While still dealing with the topic of Debtor Finance it is important to touch upon the subject of Trade Credit Insurance. This entails a variety of insurance tailored specifically to cover a businesss unpaid invoices. The problem to deal with here is that this form of insurance is quite often overlooked by businesses when considering their insurance requirements. This is particularly noticeable when a businesss unpaid invoices can be a especially volatile and one bad debt can undermine a businesss cash reserves.

Beauty Salon Finance

In times of economic recession it can be extremely challenging for beauty clinic operators to gain access to a number of types of business funding in order to help their business expand and grow. Lets look at two important types of funding, which can help underpin and strengthen growth in terms of capital equipment and growth, and also point of sale (POS) finances a good way of driving sales and increasing profit for the business owner, In any economic climate.
To start with well take a look at operations finance which we can use as an catch all heading which includes business equipment leasing, overdraft facilities, business loans and any other credit that you would use to grow your company. If you want some new equipment or facilities you would most likely finance this with a business loan or a lease, in good economic times there would be dozens of options available, but in recession, most asset lenders who have to fund assets to be in business tend to contract and point their activity to markets such as Gov bodies or the medical sector due to the given perception, and likely reality, that these markets are better covenants from them and therefore offer lower risk.
With less resource and access to funds it can be extremely hard for beauty salon owners to realistically expand their business. A fairly new concept of obtaining a cash advance from credit card machines is sweeping the UK and USA and is an excellent for beauty salons to raise cash to expand. What happens is you can get a cash advance on your future sales that allows you to acquire new equipment to make more sales. There is no credit check as the agreed payback is inputted into your card machine.

The biggest advantage of this is that if sales are low one month, you only make small payments back, therefore eliminating the risk to your business. However, if you have new equipment that increases sales, it makes good business sense because you are paying back out of those higher and more profitable sales. It gives you instant access to growth funds that you would not normally have. You can read more detail about it here

Now lets look at point of sale finance or POS at it is also known. Some treatment courses such as IPL hair removal, skin rejuvenation or Laser lipo can cost upward of a few thousand, which a lot of people simply havent got the moment. Some clients will apply for finance options if you offer them, but the chances of getting passed for credit these days are getting harder and harder.
Enter your very own instalments plan. Ok, I here the shouts but we are not a finance company Of course you are not, and you dont have to be. If you take cards you can take instalments. If not, uses standing orders, they are simple to set up. The point is this. Offer a plan where to take a reasonable deposit, say 25%, and collect the rest over 9 months.
Do read more about this in a separate article found here

if done properly, it can transform your business and tap into a huge market that is hungry for what you offer, but do not normally believe that they can afford it.
There are a number of finance options available on our website and you are more than welcome to ask for help or advice on selecting which options suits your needs best of all.