Term Loan Service

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Address:
727, Centura Square, Mumbai
Email: [email protected]
Contact:
+91996016244

Elegiblity Crieteria
The documents  required for a project loan includes:
  1. Project report: A detailed appraisal report that serves as a blueprint for the project’s execution and operation 
  2. Business plan: A plan for the business 
  3. Financial statements: Audited balance sheets and other financial statements for the last three years 
  4. Proof of income: Income tax returns for the last three years 
  5. Identity proof: Such as an Aadhaar card, passport, or voter ID card 
  6. Address proof: Such as a ration card, bank account statement, utility bill, or letter from an authorized person 
  7. Property documents: Title deed or lease deed, and permission to mortgage the property if it is leasehold 
  8. Bank statements: Provide an overview of the client’s spending habits and investments 
  9. Loan application: A request letter outlining the loan terms 
  10. Existing loan details: Details of any existing loans 
  11. Company documents: Balance sheets, audit reports, and other company documents 
  12. Valuation and land documents: Documents related to the valuation and land
Loan Tenure
Interest Rates (Range) %
2-5 Years
8-12
5-10 Years
9-14
10-15 Years
10-14
15-20 Years
11-16

What are the different types of project financing?

Project financing can be non-recourse or recourse, and can be used for infrastructure or non-infrastructure projects

What are the repayment terms for project loans?

Repayment terms can vary depending on the bank, but can be up to 84 month

What are the different types of credit facilities for project financing?

Project financing can include term loans, ECB/FCTL, bank guarantees, and letters of credit

What is prequalification?

Prequalification is the first step in the project loan application process. It allows you to see if you're eligible without affecting your credit score.

Is collateral required?

Whether collateral is required depends on the type of loan and the project's cost. For example, under the PMEGP loan scheme, collateral security isn't required for projects costing up to Rs. 10.00 lakhs. 

Term Loan

What is Project Finance

Project finance is a vital option for funding significant infrastructure and industrial projects. When you have a large-scale initiative that can generate its own cash flow, project finance allows you to secure the necessary funding without putting your company’s existing assets at risk. This type of financing relies on the projected revenue of the project itself, making it essential to have a solid business plan and feasibility analysis in place. It’s crucial that you demonstrate the project’s potential returns to attract lenders and investors who will be instrumental in bringing your vision to life. By utilizing project finance effectively, you can drive growth and capitalize on new opportunities without compromising your organization’s financial health.

Why Project Finance

Project finance is essential for executing large-scale projects that require substantial investments. It addresses the financial demands of construction, equipment acquisition, and operational costs throughout the project’s life cycle. By securing funding based on the project’s anticipated cash flows, businesses can focus on development and innovation without jeopardizing their other financial resources. Access to project finance can significantly enhance your ability to manage risk and ensure sustainability, helping turn ambitious ideas into successful realities. In essence, obtaining the right project financing can be the key factor that leads to the successful execution and completion of transformative projects.

What We Offer For Project Finance

We offer Working Capital Financing administration, under which, money is provided to effectively settled and working business substances. As the name proposes, this administrations offered extra funding to the organizations to extend, overhaul and enhance their tasks.
Bizfin Service utilizes its relationship connect with every one of the banks and Institutions to tie up working capital offices for our customers. The extent of masterminding such points of confinement reaches out from arrangement of the CMA till the final sanction of limits. The limits points would be organized either through the multiple banking routes or through the consortium route, depending on the demand of the customer

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**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.

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Calculator Disclaimer

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.

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