Corporate
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Corporate Funding
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History Team Partners |
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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Professionals
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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 |
Pioneers
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