Steps to Secure Working Capital
for Your Business
1. Register Once →
Register with Basic Company & Director Details and select the Direct CFA Supply companies amongst top players
2. Apply for a Company →
As each company comes under the program, Stockist can apply for each company separately basis last 6 months turnover of each company
3. Contract + Cheque →
Distributor signs digital service contract + sends Cheque as per 0.25% of Loan Amount application. Cheque to be banked only on Loan Disbursement
4. Corporate Opinion Report (COR)
PharmaWC approaches Company on behalf of Distributor to get a Corporate Opinion Report and thereby ensure Bank application process can start.
5. Bank Application →
Post COR, PharmaWC will faclitate Bank Application. < Rs. 1 Crore per company & < Rs. 3 Crore overall, loan application is digital. > Rs 3 Cr will be manual
6. Loan Disbursement →
Disbursement is made basis 60 days working capital which means average monthly turnover of the company * 2. Limit is revised basis business growth