Sub-Dealer Loans

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What is a Sub-Dealer Loan?

Being a retailer or sub-dealer, you may require money to run your business efficiently. The most crucial aspect of your business involves the purchase of wholesale goods from large corporates and then selling them to retail customers. Without adequate cash flow, you may fail to fulfill your customers’ demands, tarnishing your business's reputation.

To protect your business from such an eventuality, we offer Sub-Dealer Loans. Tata Capital Sub-Dealer Loans are designed to provide quick and hassle-free financing for sub-dealers and retailers. We ensure the timely availability of funds with convenient repayment terms and attractive interest rates.

Rates and Charges

Particulars	Channel Finance
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	Upto 6%

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 5,000/-
Stock Audit charges	Rs 5,000/-
ROC and CERSAI filling	Rs 5,000/-
Valuation charges	As per actuals
TSR fees / Title search fees	As per actuals
Security trust fees	As per actuals

Charges to be paid along with applicable Tax

Features of a Sub-Dealer Loan

End-to-End Digital Onboarding

You won’t have to move out of your home or office to avail of business financing. You can apply for Tata Capital Sub-Dealer Loan online, and we will transfer your funds through an end-to-end digital process.

Attractive Interest Rates

The interest rates for our Sub-Dealer Loans are highly competitive. It means you won’t be facing the burden of paying higher EMIs.

Faster TAT

At Tata Capital, we prioritize the timely availability of funds for our customers. You can apply for a Sub-Dealer Loan online and get the money in your bank account within a few days.

Wide Range of Industries

We provide Sub-Dealer Loans to retailers, distributors, or sub-dealers spanning a wide range of industries, including Pharma, IT, FMCG, and Consumer Durables, among others.

Minimum Documentation

Tata Capital Sub-Dealer Loan comes with very simple eligibility criteria and minimal documentation. You will have to complete some basic formalities to get access to finances for your business.

Advantages of a Sub-Dealer Loan

Here’s how Tata Capital Sub-Dealer Loan can benefit various stakeholders involved in a supply chain process:

Sub-Dealers/Retailers

Sub-dealers or retailers can get easy access to finances for purchasing wholesale goods from large corporates. They can increase their purchasing power and fulfill their customer’s needs without any hassles.

Distributors/Dealers

Distributors or dealers of established corporates or brands can ensure early and assured delivery of receivables through a formal financing mechanism. It also helps them manage credit and collection risk with increased transparency.

Corporates/OEMs

Large corporates or Original Equipment Manufacturers (OEMs) can provide formalized and reliable credit to their supply chain partners. They can build a strong distribution network for selling their products.

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