NBFC Funding:
NBFC/HFC/ MFIs require constant flow of funds for onward lending. They also require bank guarantee for securitization of portfolio. We provide Working Capital Term Loans, Cash Credit and Bank Guarantee facilities. We cater to all the categories of NBFCs, Asset Finance Companies, Gold Loan Companies, Fine tech Companies, Housing Finance Companies, Micro Finance Companies for onward lending purpose
Promoter funding share:
After building your company to a force to reckon with, you as the promoter of the business, will always want to expand by way of starting new operations, entering new markets and introducing new products. To do this, you may require additional funds. In such a case, Promoter Funding against your shareholding is an excellent way to raise funds immediately.
Aditya Birla Finance offers you Promoter Funding as a deft solution to raise funds quickly. Whatever the needs of your business, whether scaling up operations or starting a new ancillary company, it is one of the most reliable business funding options against the shares you own. Thus, it helps you gain the financial wherewithal you require without disrupting your long-term investments.
Your investments in gold and property can be kept out of the ambit of debt when your shares can generate the requisite capital for you. This business financing opportunity against shares generates an instant line of credit. However, the amount of the loan is calculated basis the quality of the stocks or shares you own.
Venture Debt:
The first rule of venture debt is that it follows equity; it doesn't replace it. Venture lenders use venture capital support as a source of validation and the primary yardstick for underwriting a loan. Raising debt for an early-stage company is more efficient when you can precisely describe the performance objectives associated with the last round of equity, the intended timing and strategy for raising the next round, and how the loan you are asking for will support or supplement those plans.
Venture debt availability and terms are always contextual. Loan types and sizes vary significantly based on the scale of your business, the quality and quantity of equity raised to date, and the objective for which the debt is being raised. The amount of venture debt available is calibrated to the amount of equity the company has raised, with loan sizes varying between 25%to35% of the amount raised in the most recent equity round. Early-stage loans to pre-revenue or product validation companies are much smaller than loans available to later-stage companies in expansion mode. And companies without VC investors face significant difficulties in attracting any venture debt.
Sale bill discounting:
Sometimes some customers delay payments & hands out at the last minute, which puts an undue burden on small enterprises to fulfill their other business opportunities& orders. For example, Sushil Kumar, a small business owner, runs crockery manufacturing company & just delivered a large order for a supermarket. Sushil will be paid two months later, according to the sales agreement. The only problem is that he lacks the finances to fulfill the new order's raw material requirements. Even though payment from the first order is guaranteed, he risks losing the second if he fails to produce it by the deadline. At times of crisis like this, sales bill discounting or invoice discounting services provided by Mind Fine tech come as a savior and aid a company's future growth.
Sales bill discounting is a short-term facility in which individuals or business owners borrow money from banks and non-bank financial companies (NBFCs) due to late payments from customers who are unable to manage their cash flow. It is an important tool for managing and increasing a company's working capital. Sales Bill discounting is a sort of debtor finance. It is a process used by business owners to free up cash flow by selling unpaid bills of invoices to a third party as collateral for a loan.
Purchase bill discounting:
In businesses, customers frequently delay their payments even after their due date, and without sufficient working capital, it becomes very difficult for the seller to accept their next order. Furthermore, if the seller continually gets on the customer's nose to make the payment as quickly as possible, it creates the possibility of losing the customer.
To address this problem, Mind Fine tech assists vendors and major businesses in utilizing bill or invoice discounting, which is a sort of prepayment of dues in exchange for funds that are projected to arrive soon. Mind Fine tech's Purchase Bill Discounting service factors clients' purchase bills and makes payments to their suppliers on their behalf. In layman's terms, it helps in providing financing against your purchases.
The terms "invoice discounting”, "bill discounting ", and "purchase of bills” are all synonyms for 'Purchase Bill Discounting'. For the seller of goods on credit, invoice discounting acts as a source of finance. It is a method of recovering a portion of a sales bill from financial intermediaries such as banks, financial institutions, NBFCs, etc. Before it becomes due & for their services, such intermediaries charge a fee. The fee will be determined by the amount of time left before the payment deadline, as well as the perceived risk. Bill discounting Invoices or invoices are legally referred to as "bills of exchange.”
Debt consolidation:
Debt consolidation means combining more than one debt obligation into a new loan with a favourable term structure such as lower interest rate structure, tenure, etc. Here, the amount received from the new loan is used to pay off other debts.
Debt consolidation is used by consumers to pay off a small debt in one go by taking one big loan. By doing this they save on interest as well as the finance cost of the small loan owed by them. The borrower would now have to make one payment instead of making multiple payments to other creditors.
Debt consolidation can happen on debts which are not tied up to an asset. Education loan, amount owed on credit card, personal loan are some examples of unsecured loans which can come under debt consolidation. |