Working Capital

A need-based source of funding that enables your business to run smoothly and profitably every day. Be it financing inventory, receivables, advance payments or unexpected cash needs, we offer a wide suite of lending products tailored to your individual business requirements.

Revolving Credits Revolving Credit is a committed facility for a fixed tenor and is available for drawing as needed by the business. The line amount can be used, repaid and re-used within the term of the facility. Typically repaid from your business cash flow, revolving credit gives you flexibility to take advantage of business opportunities as they arise. To avail of this facility, all you need is a satisfactory credit rating, and preferably a working capital cycle of up to 6 months. Margin is either on inventory or receivables, with emphasis on post sales financing. While fixing margin on receivables the quality of receivables would be of prime importance. Tenor is for 12 months, with limits being renewed every year. Pricing is both risk related and market related. Security is both primary and collateral. Primary Charge on the inventory and receivables Charge on other current assets, wherever possible Collateral Personal guarantee of promoter directors/partner/proprietor. Mandatory in most cases First / second charge on fixed/immovable assets Corporate Guarantee of Parent, wherever applicable and required.

Short-Term Loan Extended for a pre-determined period of time up to one year, short-term loan serves unexpected cash flow needs or sudden surge in working capital requirements. The short-term loan gives you flexibility to match repayment schedule with the cash flow available.