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SME LOANS


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Over these years we have realized that Micro, Small and Medium Enterprises have inadequate access to finance due to lack of financial information and non-formal business practices. They face still competition from both domestic and multi-national companies. SMEs have,

  • Lack of access to loan, private equity and venture capital
  • Lack of access to inter-state and international markets
  • Limited access to technology, product innovation and global best practices
  • Considerable delays in the settlement of dues/payment of bills by the large scale buyers

On the flip side, SME sector is the growth engine of the economy with contribution to GDP estimated at 40%, contribution to exports estimated around 50%. The SMEs lead to entrepreneurial development and diversification of the industrial sector, and also provide depth to industrial base of the economy. (Source: Bank of India)

  • The SME may be an individual, proprietor, partnership firm, private limited, public limited company, Co-operative society, LLP or even a trust

  • SMEs having satisfactory due diligence report can avail number of facilities

  • Engaged in manufacturing, engineering and processing units and providing of services with an annual turnover of above Rs.25 Lac up to Rs.10 Cr

  • The loan can be availed to meet the liquidity mismatches and expenses incurred on account of working capital, research, product development, branding, marketing, executing unexpected bulk orders, stocking the seasonally available raw materials etc against suitable collateral of immovable and or financial assets held in the name of business, proprietor, director or any third party

  • SMEs rated by rating agencies viz., SMERA, D&B, CRISIL, CARE, ICRA, & FITCH and assigned with ratings of Satisfactory and above, are preferred

Equipment Finance

We have tied-up with number of banks, finance and lease financing companies that is richly experienced in arranging contracts for procuring expensive equipment for your project. We specialize in arranging asset finance for minimum two year old growing and profitable business under the following schemes,

  • Medical Equipments Loans above Rs.2 Crs requires suitable collateral and up to 85% asset financing can be done

  • Loans to offset, digital and other printing equipments without collateral up to 1 Cr

  • Purchase of Industrial Equipment, CNC Machinery & SME Loans without collateral up to Rs.50 lacs and suitable asset or cash collateral thereafter

  • Construction Equipment financing to purchase new machines, equipments, vehicles for execution of construction projects

  • Hospital Infrastructure, working capital finance and providing financial assistance for LC/TT transaction in case of imported equipments above Rs. 2 Cr facility

  • Asset to be insured and will be Hypothecated to the bank or financial company till the loan period

Loans for Educational Institutions

  • Proposals from Schools, Colleges and Educational Institutions with adequate source of income can be considered

  • Educational institutions run by trusts, private management are given preference

  • The promoters, Trustees, key persons of the school should be persons of good standing in the society

  • Equipment Loans above Rs.50 lacs require suitable asset or cash collateral

Purpose

  • Purchase of equipments, electronic, computers, servers, vehicles, lab equipment etc.

  • Loan can be arranged for building construction, alteration, renovation

  • Term loan with fixed repayment schedule based on repayment capacity and income streams

  • There is a scheme to escrow the future cash flows such as fees, donation and capitation

We will process your case and try to get your loan approved and disbursed at the earliest, however, time period also depends upon how earliest you provide us the required documents and complete the formalities from your end.

Normally it takes around 7 – 12 working days to complete risk checks, valuation, legal verification, due diligence, documentation and loan disbursement from the application date. There will be no hidden charges from us and we will assure our best services at every stage to materialize your project. For more information please call Chetan +91-96633 83550

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