Each business has its own unique set of requirement so we have a dedicated team of experts who work with you to understand the specific nature of your business and structure solutions most suitable for you. We offered complete bouquet of working capital facilities to help you manage your cash flow and ensure smooth running of your business
Term Loan Syndication
Term loan are provided for acquiring or constructing or installing or establishing capital assets, which will provide returns over a period of time. Term loans will also be repaid in regular payments over a period of time, as the asset generates returns. Term loans are usually provided for acquiring or constructing building and acquiring or installing plant and machinery. Term loans in India are provided for a tenure of anywhere between 3 to 10 years based on the project, projected financials and other factors. The interest rate for the term loan will be based on the credit worthiness of the borrower and is usually a fixed spread over the banks base lending rate.
Accountax India can help your business apply and obtain sanction of term loans from banks. Term loans can be availed for both green-field as well as brown-filed projects. Once we obtain an understanding or your business or proposed business, our Financial Experts will then advice you suitably on the proposed quantum of loan, repayment type, repayment tenure and schemes available. Accountax India can also help you prepare a project report, apply to banks and obtain sanction of term loans for your business.
Working Capital Loan
Working capital loans are provided for financing everyday operations of a company and used to cover or build-up current assets like inventory, stock-in-trade, accounts receivables, etc., Companies that have high seasonality or cyclical sales cycles usually rely on working capital loans to help with periods of reduced business activity. Various types of bank facilities fall under working capital facility. Some of the types of working capital facilities are cash credit, overdraft, letter of credit, bank guarantee, packing credit, post shipment finance and bill discounting.
Accountax India is the largest business services platform in India, offering a variety of services like working capital syndication, CMA report preparation, company incorporation, trademark registration, GST registration, income tax filing and more. Accountax India can help you syndicate working capital loan for your business. Get a free consultation for working capital loan syndication through Accountax India by scheduling an appointment with an Accountax India’s Advisor.
Collateral Free Loan
Small business and MSME enterprises can obtain collateral free loan from banks under various schemes promoted by the Government to boost Entrepreneurship and small businesses in India. Some the popular collateral free loan schemes offered by the Government are the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE Scheme) and MUDRA loan scheme. Under the CGTMSE scheme, loan of upto Rs.1 crore is provided for Enterpreneurs without any collateral security. Under the MUDRA loan scheme loan of upto Rs.10 lakhs is provided for setting up and operating of micro and small enterprises in the manufacturing, processing, trading and service sector.
Get a free consultation for obtaining collateral free loan through Accountax India by scheduling an appointment with an Accountax Indias Advisor.