JSW MG Motor India, Tata Capital Partners To Enhance Channel Finance Options

JSW MG Motor India has signed a partnership with Tata Capital, the flagship financial services company of the Tata Group, to bolster channel-financing options for its dealers. The collaboration aims to support JSW MG Motor India dealers with working capital, term loans, demo car loans, leasing solutions and off-balance sheet structured solutions, catering to their growing business needs.

Leveraging Tata Capital’s expertise in providing need-based financial solutions, JSW MG Motor India aims to facilitate seamless access to financing resources, fostering a conducive environment for dealership expansion and development. Each of the channel financing options offered, carry the benefits of customisation, flexible repayment tenure options and competitive interest rates.

Commenting on the partnership, Satinder Singh Bajwa, Chief Commercial Officer of JSW MG Motor India, said, “This strategic partnership underscores our commitment to supporting our dealer partners with financial solutions, encouraging them to grow their businesses sustainably.”

This collaboration will enhance operational efficiency, promote business sustainability, and foster long-term success for all stakeholders.

Speaking on the partnership, Narendra Kamath, COO, SME Finance from Tata Capital, said, “Our tailor-made products will cater and enable the distribution network of JSW MG Motor India with the apt resources to leverage emerging prospects seamlessly.”