NFL offers term loan to meet the long term funding requirement of Business Houses like BMRE of existing projects, Civil Construction, generate profitability and consolidation of the customer’s expansion objectives. Term Loan is provided to meet various regular capital/fixed expenditures such as balancing of production line, modernization of manufacturing process, expansion of capacity and space, etc.
- Repayment through equal monthly or quarterly installments
- Installment may be equal or structured
- Nature of Business: Industrial, Manufacturer, Service Provider, Business etc.
- Legal Formation: Proprietorship, Partnership, Private limited and Public Limited company
- Registered mortgage on land/Building/Flat
- Lien on Shares/FDR
- Corporate Guarantee/ personal guarantee(s)