Working Capital Finance
Our range of working capital products are designed to give you and your company a healthy
competitive edge which is further supplemented through
- Simple and easy documentation
- Tailor-made facilities to suit your cash flow
Overdrafts / Short Term Loans
These facilities are offered to finance your day to day working capital requirements, with a
maximum limit depending on your cash flow deficit. The overdraft interest is charged on the
daily usage, hence you have the option to reduce the interest cost by depositing your
daily collection while short term loans are for a maximum period of 12 months with
competitive interest rates with predetermined repayment frequencies.
Bank Guarantees
Based on the business requirement, we offer various types of bank guarantees to suit
your requirement:
- Bid Bonds, Performance Bond, Advance Payment Bond etc.
- Letters of guarantee
- Custom duty guarantees
Supplier/Distributor Finance
This is also known as factoring, a flexible form of loan, where we advance 80-85 per cent of
approved invoices raised by you in just 24 hours. We will make the collections for you so
that you can focus on running your business successfully. Factoring improves your cash flow,
enhances customer relations and eliminates the need to raise additional financing.
- Leasing Facilities
For purchasing vehicles, machinery or equipment, this facility is offered at competitive rates of
Interest
Supporting your international trade
Whether you are an importer or exporter, we can give your business the boost it needs to
succeed. We have a wide variety of trade services products, and an expert team of advisors
who will give you professional guidance to find the trade solutions you need. The products offered are
Imports
- Documentary Credit
- Acceptance
- Import Finance Loans
- Shipping Guarantees
- Trust Receipt Loans
- Standby Letters of credits
- Documentary Collections
Export Related Facilities
- Packing Credit
- Export Bills Purchasing Facility