Corporate Funding

Corporate Funding

Corporate Funding

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Working Capital Loans/ facilities

 

What are working capital loans/ facilities?

Working capital facilities are, unlike term loans, finance money required for the day-to-day running of the business.  These come in the following forms:

o         Overdraft (OD) facility:  secured or unsecured

o         Cash Credit (CC) limits:  usually secured against stock/ inventory

o         Bill Discounting/ Hypothecation of book debts:  secured by receivables

o         Bank Guarantee (BG)/ Letter of Credit (LC)

 

Who is Eligible?

All business organizations, proprietary, partnerships, private and public limited companies are eligible.  A good business track record is desirable. Working capital assets (current assets) like stock, receivables constitute the primary security.  In addition to primary securities, banks usually insist on additional securities, by way of immovable properties.  Such additional securities are called collateral securities.  Though banks expect 100-200% as collateral securities, it is possible to convince banks to accept collaterals to a lesser extent.

 

Interest Rates

Interest rates change from time to time.  We are in a position to negotiate best rates possible for your business.

 

Minimum Size of TLs we can handle:

o         Proposals from National Capital Region (NCR) of Delhi: Minimum:  1 Cr; Maximum:  Any Size

o         Other cities/ towns of the Northern Region: Minimum 10 Cr, Maximum: Any Size

o         Other cities/ towns of Rest of India: Minimum 25 Cr, Maximum: Any Size

 

 

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Corporate Funding Main Page

 

 

Professionals

 

Tel: 0124-4386541, 4105424; Cell:  P.Anand (Director) 09312636681, Suresh Sharma (Sr. Associate) 09310636681.

anand  @ acebuiss.com   /  sales  @  acebuiss.com

                                                                                                                      

SERVICE, ANYWHERE IN INDIA, AT YOUR DOORSTEP

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