Business owners constantly think of expansion of production facilities to cater to the increasing market demand.
Adding machinery requires funding from the banks. And your current working capital banker is the one who is best suited to meet your requirement. However, the same usual issues crop up once you approach the bank - lot of data requirement, projected financials with enhanced production capacity, additional collateral, and importantly time taken to process the request.
This is where we can help. Here are the main features of our offering in this regard:
Only machinery that is being purchased is the collateral.
No NOC requirement from the current working capital banker.