January 18,2018

Short Term Loan

NFL offers short term financing solutions to meet the day to day working capital requirement of business including time loan, short term loan focusing on the Cash Flow and Cash Conversion Cycle of the company.

Key Features:

  • Maximum tenure up to 1 year
  • Interest payment through monthly or quarterly basis
  • Flex able Principal Payment

Loan Features:

  • Nature of Business: Industrial, Manufacturer, Service Provider, Business etc.
  •  Legal Formation:  Proprietorship, Partnership, Private limited and Public Limited company
  • Loan Tenure: Up to 1 year
  • Security:
    1. Registered mortgage on land/Building/Flat
    2. Lien on Shares/FDR
    3. Corporate Guarantee/ personal guarantee(s)

Required Documents:

  • Trade License [up to date]
  • ETIN
  • VAT [in applicable case]
  • Certificate of Incorporation, Memorandum and Articles of Association, Board Resolution [for private limited company]
  • Registered partnership deed
  • Financial Statement for last three years
  • Bank statement [1 year]
  • Photo, Copy of National ID/Passport, Bio Data,
  • Net worth statement of the sponsor(s)
  • Rental deed of office/factory
  • Permission from authorized Ministry/concern [in applicable case]
  • Quotation of Machinery/Vehicle to be purchased.
  • Copy of Credit Rating
  • Copy of Environmental Clearance Certificate
Feedback

Loan/Lease

FDR with Simple Interest

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