If you have capacity to grow business, we have capacity to fund your growth.
Working Capital
Accepted Collateral Security
- Residential & Commercial
- Industrial (All Industrial Galas considered as collateral, Example – Industrial Gala at Vasai)
- Factory (Including Factories located in Gram Panchayat areas are considered as collateral, Example Factory located in Wada, Bhiwandi, etc)
- NA Land
- Third Party Collateral
- Blacklisted Malls property & Blacklisted Areas Property
Note: Funding on all the above mentioned properties can be in the range of 100% to 200% LTV
Working Capital
Customer Benefits by Our Working Capital Segment
New Business Funding
Businesses newly started or companies less than 3 years old can be funded. (For Example – Newly started Companies having only 1 balance sheet or even no balance sheet can be funded).
Note: 3 years business establishment (business vintage) is not necessary
LTV Can Be Given From 100% To 200%
For Example - If The Property Value Is 10 Crores Then Funding Can Be Minimum 10 Crores To Maximum 20 Crores
Importer / Exporter funding at cheap interest rates
Importer & Exporter can be funded at almost half the rates of normal working capital loan rates (All importer and exporter customers can be given this product to reduce the interest rate).
Sales dip cases considered for additional funding
Businesses whose sales are reducing can be considered on case to case basis.
Low Profitability / Loss making companies can be considered
Businesses having low profitability or are loss making can be considered for funding on case to case basis.
Special Products like Letter of Credit, Bank Guarantee, Foreign Funding can be funded
Products like Letter of Credit (LC) and Bank Guarantee (BG) can be funded only under working capital. Cost of LC & BG is between 1% to 2%p.a.
Working Capital Benefits
High Obligation cases considered
Businesses which have taken lot of funding generally Unsecured loans from various banks , they come into lot of pressure for repayment. In such businesses we can give additional Working Capital finance at average 6% to 6.50%p.a and ask them to close the Unsecured loans of approximately 18% p.a.
Note: Customers gets two major benefits in such cases:
No EMI payment (In Working Capital only interest is to be served, there is no EMI repayment, hence pressure of repayment is removed). Customers can do business freely.
Interest cost reduced from 18% to 6% (savings to customer is above 12% every year which adds to profit).