Purchase Bill Discounting

This product is offered to manufacturing units and enterprises that purchase the raw materials from vendors / seller. In this purchase, bill or bill discounting plays a greater role in which 100% payment is done to the seller on behalf of the buyer (manufacturer / enterprise) against the bills issued to buyer by the seller. These are short term finance but can minimize the problem of working capital need and the enterprise/manufacturer can focus on the core business. The average annual turnover of the business should be 1 crore or above in order to avail this financial facility by the buyer (manufacturer/enterprise).

  • Manufacturing units or enterprises involved in purchasing raw material from vendors
  • Discounting of bills issued by seller on behalf of the buyer (manufacturer / enterprise)
  • 100% payment is done to the seller on behalf of the buyer
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd, LLP, Proprietor
  • Rated by authorized rating agency (CRISIL, SMERA, BRICK WORK etc.)
  • Details of Bank exposure (CC, BG, OD, Business Loan etc ) if any
  • Annual turnover not less than Rs. 1 crore
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Merchant Cash advance/POS machine finance

Merchant Cash Advance or POS or Swipe Machine finance is a short term quick means of raising small working capital where enterprise can convert future POS card swipes into current cash flows. Usually retailers, traders, and restaurant that accept credit and debit card for daily business transactions can avail Merchant Cash Advance. This capital can be used for execution of various business activities and fulfilling short-term operational requirements of the enterprise.mattis, pulvinar dapibus leo.

  • Point of sale/swipe machine user enterprise can avail this finance
  • Lender lends finance to enterprise on the basis transaction through the POS/swipe machine. It shouldn’t be less than Rs. 2 lac
  • It’s a quick and easy finance for enterprise (retailer/wholesaler/distributor etc.)
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Rented Real-estate property
  • Any Retailer, wholesaler, distributor etc
  • Minimum 12 months card swipe history

    Minimum 2 lac monthly transaction through POS/Swipe machine

    Minimum 2 years of business operational history

  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Online seller finance

Online or ecommerce business is growing in rapid pace and with this it faces lots of financial challenges of working capital need. Here the Online seller finance for ecommerce seller finance finds a place. It counters the scarcity of working capital by providing short term loan or revolving line of credit. This facility offers you quick, easy access to trade or inventory finance, thereby improving the purchasing power. It helps E-Commerce portals to source a diverse range of products for its end customers.

  • Online business, ecommerce
  • Increase the potential of the enterprise to diversify its product range
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Ecommerce and any Online Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Channel finance

Channel financing is quietly meant for repute dealers/channel partners. Its fulfils the working capital demand by providing quick funds to dealers/channel partners for procuring goods from corporates. A line of credit in the form of an overdraft is provided for dealers of the Corporate which is short term one.

  • Reputed dealer (not real estate dealer/broker), channel partner can raise finance to fulfil its working capital needs
  • Line of credit in the form of an overdraft is provided to reputed dealer /channel partner
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any “commodity” supplied directly by, either the Manufacturer or  the Stockist
  • Any “commodity” supplied directly by, either the Manufacturer or  the Stockist.The “commodity” should be that of a reputed brand.Reputed dealer in the above commodities.The borrower should be rated Good and above according to credit rating agencies

  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Cash credit limit

Cash credits limit helps the enterprise to raise finance in terms of need. It is done against the security offered upon as collateral on the account in exchange for cash. Collateral could be a tangible asset, such as stock in hand, raw materials, or some other commodity.The limit provided through the cash credit account against a percentage of the value of the security offered.

  • Credit capacity provided to the enterprise
  • Interest is charged on the amount that is used not on the entire limit provided to the applicant
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Invoice discounting

The buyers and sellers objectives are always in collision. The seller wants payment immediately and the buyer wants as longer credit period as possible. Here the seller raise invoice for the product it sold to the buyer. But the buyers ask for credit time of certain period. Thus in this scenario sellers money has been blocked for certain period of time. Through invoice discounting the seller can get a relief as it gets instantly paid and doesn't have to wait and need not have to give credit period. The invoice discounting is an easy way of getting finance. This is hassle free and easy sanction procedure & short term finance model.

  • The seller gets relief as it gets instantly paid and doesn’t have to wait and need not have to give credit period’
  • Rated companies are quite eligible
  • The Buyer pays back directly to lender
  • It’s a secured finance (against invoice)
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Company should be rated by any government authorised rating agency (CRISIL, SMERA, BRICK WORK etc.)
  • Details of Bank exposure (CC, BG, OD, Business Loan etc.) if any
  • Any Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Inventory finance

Inventory financing is a type of collateral backed lending in the form of revolving line of credit or short term loan. Here the collateral is the inventory or the product in stock. This funds can be used to purchase additional inventory or to help a business to overcome fluctuations in cash flow.

  • Inventory of an enterprise acts as a collateral on which finance is done
  • Enterprise can use this fund to buy additional inventory or to overcome cash flow fluctuation
  • Secured finance (against inventory)
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Pay later finance

Scarcity of fund is a major issue for SME's and MSME's. Which ultimately push them into plenty of operational difficulties ranging from procurement of raw materials or inventory, hiring skilled employees, to pay their vendors on time. Pay Later is a unique predefined credit capacity provided to the enterprise. Through this financial option, the enterprise can make numerous drawdowns within the given capacity and repay the amounts to restore the balance for further usage. This option is very much applicable while the making payment to supplier in short span of time. Moreover the interest is charged on the amount that is used not on the entire limit provided to the applicant.

  • Enterprise can make numerous drawdowns within the given capacity and repay the amounts to restore the balance for further usage
  • Usually used to make payment to supplier
  • Interest is charged on the amount that is used not on the entire limit provided to the enterprise
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any Retailer, wholesaler, distributor etc
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Bank guarantee

Enterprise need guarantee in operational activity usually. Bank guarantee is the means to satisfy the needs. It’s a promise from the bank that if the enterprise becomes a defaulter than the bank or the financial institution will cover the loss. It is issued, discounted/monetized or enhanced as per the requirement.

  • Non fund base finance
  • Collateral backed
  • B.G is Issued and discounted
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Dropline overdraft limit

An overdraft means drawing excess funds from your bank account, just like a short-term loan. Enterprise can withdraw money from its current account up to a certain pre-defined limit. This is a way for raising working capital, business expansion and to pay interest on the extra funds used. The interest rate on an overdraft is linked to the base lending rate of the bank.

  • Enterprise can withdraw excess funds from its account as a short-term loan
  • Finance can be used for its working capital need
  • Interest is charged on the extra amount taken as short-term loan
  • Short-term, Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Any Retailer, wholesaler, distributor etc
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Bridge finance

Bridge financing is short-term financing option for the enterprise. It is used normally to accomplish short-term capital need till the long-term capital is arranged. This is infact best way to solve current financial obligation. Off-course this is way different from traditional finance.

  • Enables enterprise to raise cover up short term capital need,till a long term arrangement is done
  • Quick, easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Any Business
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Collateral backed loan

Term finance is meant for a finance that has a specified repayment schedule with a fixed or floating interest rate and requires collateral. This also comes in the category of collateral backed loan. The loan is very traditional one.

  • Traditional loan followed by term repayment schedule
  • Secured finance (collateral backed)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Any sector
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Lease rental discounting

Lease Rental Discounting is another means of raising finance for working capital, business expansion, business consolidation etc. It enables the borrower to en-cash the current rental cash flows and avail long term finance against this. Here the rent is a fixed income over a stipulated time i.e. tenure. The agreement is between the borrower (premise owner) and lender (Financial company) in which the borrower is sanctioned a finance on the rent to be collected over the period of the lease. The finance is based on the discounted value of the rentals and the underlying property value. Now the term of repayment is the rent which is directly deposited with the lender (financial company) and not with the borrower (premise owner).

  • Rented Real estate property (Commercial/Residential/Industrial) are key in this finance
  • Secured finance (hypothecation of rental revenue as collateral)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Rented Real-estate property
  • Any sector
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Construction/Infrastructure equipment finance

Finance for purchasing of construction/infrastructure/Mining equipment which mainly used in construction site such as dumper trucks, JCB machine, bulldozer, mining machine, Concrete Mixture etc. Primary Security (collateral) consists of Construction/Infrastructure Equipment being financed. Construction equipment leasing companies, mining companies and infrastructure companies needs this financial option.

  • Construction or infrastructure equipment (bulldozer, crane, construction lift etc)
  • Secured finance (hypothecation of equipment for which finance is done)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Infrastructure, Construction Company
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Machinery finance

Enterprise can raise finance/refinance against new machinery to take care of expansion and production needs. By this finance manufacturing units can scale up the need for urgent capital for buying and upgrading equipment and also for increasing overall productivity.

  • Purchase of fresh Manufacturing machine/equipment
  • Secured finance (hypothecation of equipment/machine for which finance is done)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Medical equipment finance

Nursing home, Medical college, Super specialty hospital needs equipment regularly in order to serve efficiently to the patients. Thus, the finance is needed for purchase of Medical Equipment such as Ultrasound machine, E.C.G. machine, Life support system etc. Here security (collateral) will consist of Medical Equipment which is being financed. It is easy, quick with flexible tenure option.

  • Healthcare companies (Hospital, Nursing home, Medical equipment suppliers and distributor) can get this finance
  • Secured finance (hypothecation of equipment for which finance is done)
  • Quick, easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Equipment supplier, Nursing Home, Super Specialty Hospital
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Pre-owned machine finance

Instead of buying new machinery with higher cost, SME’s and MSME’s normally opt for pre-owned machinery from existing running industrial unit. And thus can receive finance to buy pre-owned /used machinery to reduce cost.

  • Purchase of old or pre-owned Manufacturing  infrastruction related machine/equipment
  • Secured finance (hypothecation of equipment/machine for which finance is done)
  • Quick, easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Any Industry who intends to use machinery
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Loan against mutual fund/bonds/fixed deposit

Enterprise or promoters can raise working capital against the mutual fund, bonds, fixed deposit or any other investment made. ​ With this finance, you can obtain benefit first by availing a loan against the instruments (mutual fund, bonds, fixed deposit) while continuing to earn returns on them without liquidating them.

  • Enterprise can fulfill working capital and business expansion need
  • Secured finance(against investment(mutual fund, bonds, fixed deposit)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Any Sector
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Structured purchased order finance

The Financial institution pays for the cost of the goods directly to the supplier and keeps free the cash of the lender/enterprise for other business activities. Thus helps the enterprise to save itself from financial block. The tenure of Funding would varies from one and half month/45 to two months/90 days against confirmed purchase orders from acceptable customers. Limit of financing is based on Working capital cycle to execute the order. Here only 70% of the value of the purchase order would be financed upfront. Payment facility to be liquidated from the cash flows received from the execution of the order. An agreement is signed as an upfront commitment taken from purchasing corporate to route all payments through lending financial institution.

  • 70% of the value of the purchase order would be financed upfront
  • Payment directly made to the supplier by the lender
  • Repayment is done to lender directly by liquidating the cash flow received from execution of order
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Any Sector
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Project finance

Enterprise involves in infrastructure, industrial and public services projects needs capital to accomplish them. The need of finance can be fulfil through long-term strategy based upon secured financial structure backed by collateral in which project debt and equity is used to finance the project paid back from the cash flow generated by the project Enterprise can fund major projects off balance sheet.

  • Project oriented loan
  • Secured finance (collateral backed)
  • Fulfils working capital need of a project
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Exporter
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Capex finance

Enterprise spends money in diverse products such as real-estate, computer hardware systems (servers, printers, datacentres etc.), transportation vehicles, machines and production equipment. This product makes it into a company’s property, plant and equipment (PPE), master account. Which ultimately constitutes the long-term assets account or capital resources account? ​ Capital expenditures usually involve sizeable investments, and enterprise employs clean procedures to ensure quick and accurate reporting & transaction of capital purchases. For this enterprise can raise finance to maintain these capital resources which includes replacement, modernization, investment in R&D, installation & upgradation of technology, plant & machinery acquisitions.

  • Raising finance to buy and maintain long-term assets
  • Secured finance (hypothecation of equipment for which finance is done)
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Exporter
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Opex finance

Operational expenditure is the cost incurred by the company to run its business operation. Usually the enterprise finds ways to minimize the operational cost while maintaining the quality and production. In comparison to capital expenditures, operational expenditures are fully tax-deductible. ​ Usually the OPEX financing is available for solar projects who have signed PPA agreement with government or buyer. Here the financier will put the entire capital expenditure upfront and against will charge the customer on a per unit basis which is typically 30% less than the grid power cost.

  • Solar Project oriented finance
  • Secured finance (collateral backed)
  • Fulfills working capital need of a project
  • Quick and easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Solar project with P.P.A. signed.(Ground mounted, roof top)
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Real estate finance

Real estate finance is basically a construction finance backed by collateral. It is usually based on secularization model whereby income generated from real estate properties, and the value of the properties themselves, are used as collateral to secure a loan.The secularization involves hypothetical of the project and mortgage of the property for the period of finance. This fund is specifically dedicated to real estate sector only.

  • Collateral backed finance. Here the collateral is the hypothecation of project as as well as mortgage of the land
  • For North India region only residential project would considered
  • For Mumbai metropolitan region both commercial and residential projects would be considered
  • Loan terms depends on amount of the finance
  • Private Ltd, Public Ltd,LLP,Proprietor

  • 10 years of business vintage
  • RERA and CRISIL certified Builders & Developers
  • Region Applicable:Mumbai metropolitan region,North India

  • 25 lac sqft. of residential space should have been delivered
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company

Loan against listed shares

This is another means of getting secured finance. Here the collateral would be the corporate shares listed in BSE & NSE. It is easy, quick and fulfils enterprise's long term finance need of working capital, Business Expansion & Business Consolidation.

  • Enterprise can fulfil working capital and business expansion need
  • Secured finance(against securities(NSE/BSE)
  • Quick, easy
  • Private Ltd, Public Ltd,  LLP, Proprietor
  • Business continuity proof of last 3 years
  • Exporter
  • KYC
  • 3 years balance sheet, P&L with audit report
  • 3 years I.T.R of the company
  • 1 year bank statement of the company
  • 6 Month unaudited balance sheet of the company
  • Previous venture funding statement
  • Equipment/Machine details and PI copy
  • Repayment schedule/statement of the any loan taken by the company