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.
A business can have different kinds of financial requirements. And to tackle different financial needs, they require customized funding solutions. At Tata Capital, we provide a wide range of financing solutions driven by a combination of assets, contracts, and underlying cash flows. Our structured products can act as a one-stop solution for all your business’s financial needs.
Structured Products, also known as structured finance, are pre-packaged financial solutions for business owners to help them tackle their short-term and long-term funding requirements. Tata Capital’s Structured Products are tailor-made to help you meet all your business requirements while mitigating credit and price risk.
Some of the customized products offered under our structured finance solutions include:
(i) Default in payment of interest and/or principal amounts @ 18% 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
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
Below are some noteworthy features of Tata Capital Structured Products for business financing solutions:
Below are the advantages of choosing Tata Capital’s Structured Finance to meet your business requirements:
Below are a few common structured products we offer:
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