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Overdrafts

Discounting Facilities

An overdraft facility allows you to withdraw funds from a fixed line of credit, as and when you need to. Repayment is also easy and hassle-free, as you can repay what you borrow at your convenience. This makes an overdraft facility one of the most desired credit options.

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Bill Discounting is a trade- related activity in which company’s unpaid invoices which are due to be paid at a future date are sold to a financier. This facility is basically available for Corporate/Principal who are engaged in activities viz. Manufacture, Retail Chain, EPC, E-Commerce or Trade of imported/domestic manufactured tradable consumer/ industrial goods, machinery, vehicles.

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Project Finance

Project Finance is one of the key focus areas in today’s world because of continuous growth and expansion of the industries at a rapid rate. Project finance is a centuries-old form of financing high-risk, development-oriented projects.

Project Finance is the long-term financing of infrastructure projects, industrial projects and re-development projects based upon non-recourse or limited alternative of financial structure where project debt and equity used to finance the project are paid back from the cash flow of the project once executed.

Methods of Project Financing

For the implementation of any project money has been the greatest obstacle in majority of the cases. Following are the main methods of project financing:

  • Share Capital
  • Fixed Term Loan
  • Debenture Capital
  • Commercial Banks specialised in project financing
  • Bills and Invoice Discounting
  • Government Subsidies

Stages of Project Financing

  • Project Identification
  • Identification of risk and strategies to minimise it
  • Feasibility – Technically and Financially
  • Financing Stage – Arrangement of Loan and Rate
  • Bills and Invoice Discounting
  • Post Financing Stage – Project Closure and Repayment We as Essential Consultants possess the best expertise for providing the best suitable project financing from the institutions at a very competitive rate with flexible tenure.

Please use the virtual calculator on the home page for understanding your monthly EMI amount.

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Finance for Vehicles and Equipment

Financing for commercial vehicles and equipment to cater the business requirement. We have a very simple and easy process to manage this type of funding requirement for our clients. The commercial invoice from the supplier is required for the financing and we will take care of the rest of the procedure.

Please use the virtual calculator on the home page for understanding your monthly EMI amount.

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Real Estate Finance

A uniquely structured team who specialise in real estate finance advising borrowers, lenders, lead managers and issuers on domestic and cross-border real estate financings, refinancing and restructurings.

Our dedicated real estate finance team comprises market leading individuals with a broad experience and a unique blend of specialist know-how. Our real estate finance practitioners have an in-depth understanding of the commercial real estate sector and financing products in that market (e.g., bi-lateral loans, syndicated loans, sub-participated debt, mezzanine loans, development finance, CMBS/RMBS and other capital markets products). Advising lenders, borrowers and investors means that we have an excellent overview of the aims and needs of different participants. We have also recently helped some of our lending clients to improve their loan origination policies and documentation based on lessons we have learnt through recent market conditions. We can advise you on all aspects of debt and equity participation in real estate-related transactions in domestic and international markets.

Please use the virtual calculator on the home page for understanding your monthly EMI amount.

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Contractor Financing

Contract financing is a way for your business to receive a cash advance on work you have yet to perform on a contracted job. It is collateralized by a contract between your company and your client. The contract specifies milestones and payments based upon your progress toward completing the project. Contract financing differs from conventional loans in that it's underwritten based more on the contract terms and the creditworthiness of your client, rather than being based on your company’s credit record.

Contract financing typically advances up to 90% of an invoiced amount right away, with the remainder — less a fee — paid to you when the invoice is paid. Companies that operate by contractually agreeing to provide services or products for a specific project or event can use the contract as collateral to secure necessary funding. Frequently, the contract specifies the partial payments you’ll receive as you invoice for the completed portions of the work. The arrangement allows companies to avoid waiting months to, potentially, receive payments on invoices they submit directly to the customer.

Please use the virtual calculator on the home page for understanding your monthly EMI amount.

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