Equipment Financing & Leasing Solutions

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Overview

Overview Equipment Finance Equipment Leasing

Equipment Financing & Leasing Solutions

Automation, technological advancements, and digitalization have changed the way we do business. We at Tata Capital support your investments in acquiring new assets and technology by offering Equipment Financing and Leasing solutions.

Financing the right equipment for your business can enhance your business competitiveness, generate business value and provide a foundation for business growth. Tata Capital Equipment Financing and Leasing Solutions brings you comprehensive and innovative, solution-oriented asset financing solutions. A pre-established credit line at Tata Capital allows you to acquire the equipment in minimal turnaround time.

Rates and Charges

Particulars	Leasing
Customer ROI	9.00% - 21.00%
Processing Fees	Minimum 1% of Sanctioned Amount
Stamp Duty	As per Stamp Duty Circular, Varies from State to State
Foreclosure Charges	As per Agreement Terms and Conditions

Note: Equipment Finance and Leasing has one primary page – the difference is in calculation of Foreclosure charges : thus the same can be shown as below

Foreclosure Charges Equipment Finance (not leased) : Upto 6%
Foreclosure Charges Equipment Finance (leased) : As per Agreement Terms and Conditions

Penal Charges

(i) Default in payment of interest and/or principal amounts @ 24% p.a. on the defaulted amount

(ii) Dishonour Charges: Rs. 670/- (Rupees Six Hundred and Seventy only) for every Cheque/ Payment Instrument/ ECS Dishonour.

(iii) Non-creation/perfection of security: @ 2% on the outstanding principal amount will be charged for the period of delay in respect of delayed/non-submission of security/collateral related documents and non-perfection of security.

*Charges to be paid along with applicable Tax

Schedule of Other Charges

Description	Periodicity	Penalty Amount
Delayed/non submission of stock statement	To be submitted Quarterly by 10th of every Calendar Quarter.	Additional one time charge of Rs 20,000/- per Quarter
Delayed First Insurance cover note . and non renewal of Insurance on due date	First Insurance:- within 30 days from disbursement date. Renewal : as and when due	Additional one time charge of Rs 20,000/- per financial year
Non adherence of financial covenants’ of sanction letter	At the time of Review /Renew of account	Additional one time charge of Rs 20,000/- per financial year
Documentation charges	Rs 5000/-
Stock Audit charges	Rs 5000/-
ROC and CERSAI filling	Rs 5000/-
Valuation charges	As per actuals
TSR fees / Title search fees	As per actuals
Security trust fees	As per actuals

Charges to be collected along with applicable Tax.

About Leasing Solutions

Acquiring business equipment can be a costly affair. You may have to shell out a significant sum of money to procure assets such as capital goods, IT hardware, commercial vehicles, large machinery, etc., that are essential for your business. However, with Tata Capital Leasing Solutions, you can now get these equipment(s) on lease instead of having to pay for them upfront.

Leasing allows you to acquire an asset or equipment without paying the ownership amount. Such a facility enables you to remain asset-light and focus on your core business activities. Moreover, you won’t have to worry about the maintenance of your business equipment as we will take care of asset management and asset disposal functions.

At Tata Capital, we offer leasing solutions for the following products:

Capital Goods
IT Hardware
Office Infrastructure
Cars
Construction Equipment
Energy Saving Equipment
Healthcare Equipment
Logistics Machinery
Solar Equipment

Advantages of Equipment Financing & Leasing Solutions

Up to 100% Financing

We provide up to 100% financing of the equipment cost. It means that you won’t have to pay anything out of your pocket to acquire costly assets for your business.

Wide Range of Equipment

Financing & Leasing solutions are offered for a wide range of equipment for all types of businesses. These may include construction equipment, healthcare equipment, IT hardware, commercial vehicles, etc.

Cash Flow Management

By acquiring costly business equipment on lease, you can free up your cash flow and use it to fund other business activities. This way, you can ensure that you don’t fall short of working capital.

Safeguards Against Obsolescence

You may need to update your business equipment from time to time to keep up with your competitors and fulfill customers’ demands. With leasing solutions, you can upgrade your business equipment without any upfront investment.

Simpler Process and Documentation

You can apply for our leasing solutions online from the convenience of your home or office. We have a very simple approval process and ask for minimum documentation from our customers.

Tata Capital Advantages

Here’s why you should choose Tata Capital to get a Equipment Finance or Leasing solution for your business:

Fixed rate for the entire tenor

No bank NOC required

No additional collateral required

No charge filing in ROC

Debt equity remains unaffected

Improved ROA

Dedicated product specialist team

Asset life-cycle management

Cash-flow linked rental structure

Explore our Other Solutions

Term Loans

Tata Capital Term Loans are designed to help you meet all your business requirements and fund your business expansion and growth.

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Structured Products

At Tata Capital, we provide your business a wide range of customized financing solutions driven by a combination of assets, contracts and underlying cash flows.

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Working Capital Loans

Also known as a working capital term loan, Tata Capital can help you secure easy and quick funding to meet your business expenses at competitive interest rates.

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