Ramadan is just around the corner. This month is eagerly awaited by Muslims worldwide, including here in Indonesia. Ramadan wouldn’t be complete without Lebaran, especially in Indonesia where the traditions and celebrations during Ramadan and Lebaran have their own unique charm. From lower-income communities to the middle class and up to the wealthy, each group has its own customs.

Although the government has issued a ban on mudik (homecoming travel) during Lebaran, this doesn’t lessen the financial needs for the holiday. Rising prices for goods, various Lebaran cookies, new clothes, the tradition of “salam tempel” (giving money), employee THR (holiday bonuses), and the cost of replacing household helpers who don’t return after Lebaran—all of these create a series of expenses that require funding.

List of Quick-Disbursing Loans
If you haven’t set aside funds in advance, the financial demands during Lebaran can cause a headache. You’ll need to get creative to find ways to secure fresh cash for your Lebaran needs. Besides selling assets, one viable option is to apply for loans that can be disbursed quickly. Here are some quick loan options you can consider for your Lebaran expenses:

1. Bank Loans
   The first option is to get a loan from a bank. You can choose the type of loan you want—either unsecured loans or multipurpose secured loans. Unsecured loans usually require you to have an account with the bank for salary payments or payroll. Secured loans require collateral in the form of an asset.
2. Non-Bank Financial Institutions
   Besides banks, many non-bank financial institutions also offer loans. These can be similar in variety and type to bank loans, including multipurpose loans, investment loans, working capital, and even loans for urgent cash needs.
3. Online Loans and E-commerce Platforms
   Just like banks and non-bank lenders, many fintech apps and e-commerce platforms now offer loan services. If you choose online loans or e-commerce financing for Lebaran, be sure to check the legality and credibility of the provider first—you wouldn’t want to have new problems during Lebaran because of an unlicensed or unreliable lender.
4. Credit Card Loans
   Credit cards might be familiar to you. While mainly used for cashless payments, most credit cards also offer cash withdrawal features for their holders. The amount you can borrow depends on your credit limit. The funds are transferred to your bank account, and the repayments are added to your monthly credit card bill.
5. Loans from Family or Friends
   Lastly, you could consider borrowing from family or close friends. If you have relatives who are financially capable and you share a close relationship, this can be a good alternative to cover your Lebaran expenses. While it might feel a bit awkward to ask, this option can be worth considering.

Those are some loan options you can explore to meet your Lebaran financial needs. Make sure to choose wisely based on your ability to repay and your specific requirements. If you find yourself needing funds for Lebaran, you can apply for a loan at Buana Finance. With just a car’s BPKB (vehicle ownership document) as collateral, you can get quick access to cash.

The advantages are many: the application form can be filled out online, disbursement is relatively fast, and you can borrow up to 85% of your car’s market value—making it an excellent solution for your Lebaran funding needs.