Financing in any business concern to meet up various regular capital / fixed expenditures like expansion of production line, modernization of manufacturing process, extension of capacity and space, purchase of fixed assets etc.
Features-
- Manufacturing and service oriented business (financing for the acquisition of capital, machinery, equipment, vehicle, balancing production lines, modernization of manufacturing processes, expansion plans, etc.) entities supported by Repayment capacity.
Eligibility-
- Age of business must be more than 3 years.
- Financing is offered usually for a Term of 1 to 5 years.
- Very competitive interest rate.
- Financing amount to be determined as per company policy.
- Repayment through Installments may be equal or structured (step-up, step-down, bullet, etc.) or as per company policy.
- Security: Acceptable Collateral (Land, Building etc.), Lien of shares, Cash Security.
