The entire work relating to financially setting up of projects, industries are dealth with. The services include preparation of Project Reports, Preparation of Financial analysis (CMA), suggesting a proper financial institution/Bank, completing the formalities of financial institutions/Banks etc. Guidance and Services pertaining to post disbursement period including document execution and charging of securities are also provided in case of need.
Private equity consists of investors and funds that make investments directly into private companies without actually participating in day to day management. Capital for private equity is raised from institutional investors and can be used to fund new technologies, expand working capital within the company, make new acquisitions etc. After the Schedulled period of investment various ways of exit route can be mutually decided.
The consultation in Allied Sector to Agriculture e.g. Dairy, Goat Farming, Poultry, Construction of Warehouses, Cold Storages etc. Assistance is also provided to the units coming under the purview of indirect finance to Agriculture e.g. traders in fertilizers etc. There are various schemes promoted by Government and NABARD where the beneficiaries are given subsidies.
Work relating to Working Capital Limits in the nature of Cash Credit, Overdraft etc. from Banks and Business Loans from NBFCs are covered in this head. Type of borrowers may be industries or traders. These type of facilities are usually sanctioned by the Banks against the security of merchandise or sanctioned on the basis of turnover by NBFCs. The Limits sanctioned by the Financial institutions are mostly secured collaterally by Immovable Properties.
These type of Facilities may be in the form of Cash Credit from Banks or in the form of Term Loans from NBFCs. The Main and Primary Security in this type of Advance is the Immovable Property. Usually 60 % of advance against residential properties and 50 % advance against commercial properties are considered by the financial institutions. Rates of Interest are slightly higher than the regular advances secured by merchandise.
Housing Loans can be sanctioned to Salaries individuals, Professional and Self Employed Persons or Businessmen for purchase of Flat, Consturction of House on the owned plot etc upto 80 to 90 per cent of the value of Flat/Construction depending upon the repaying capacity. Broadly, the net annual income of the applicant should be at least 1.5 to 2.0 times the amount of proposed annual repayment. The rates of Interest charged by commercial banks vary from 10 to 12 percent.