The candidate will generate business from machinery loans & equipment finance products. They will use existing & new channels for sourcing new products to company business by understanding the credit profile of the prospect, exact need, and credit and operational aspects. The salesperson will manage the portfolio generated in installment recovery and collections for the health of the portfolio.
Key responsibilities:
1. Work on setting up the distribution network for the industrial machinery loan/finance
2. Work on dealership management - conduct a survey of dealers in the market for a given set of products & liaise with the network for sourcing new business
3. Achieve sales targets for the given basket of products through a dealer network of manufacturers, OEM, charted accountants, and market combing
4. Devise finance schemes to suit customers requirements
5. Recommend manufacturers & dealers as a part of continuous business development
6. Manage a portfolio of existing customers and provide prompt service
7. Explore opportunities of cross-selling other products
8. Work on collections & delinquency management
U GRO Capital Limited (formerly known as Chokhani Securities Limited) was formed in 1993. It is a BSE-listed non-banking financial company. The company was acquired by Mr. Shachindra Nath, a seasoned financial services professional turned entrepreneur, on July 5th, 2018 to reinvigorate it as an SME and MSME-focused financing platform catering to select sub-sectors within the market. The company has raised INR 950 crores of equity capital from a diversified set of institutional investors and well-known family offices. It has revamped its board to include individuals with strong industry repute and deep domain experience.
U GRO Capital Limited aims to build an institutionally backed SME financing platform basis deep sectoral knowledge and cutting-edge technology. The company would focus on giving loans to SME clients in healthcare, education, chemicals, food processing/FMCG, hospitality, electrical equipment, and components, auto components, and light engineering segments.
