This is a term loan for a period less than one year to meet your working capital requirements.
Finance amount: Up to Rs. 25 Cr
Margin Requirement: Flexible
Tenure: Up to 12 months
Security: Normal asset cover of 1.25 times
This facility discounts sales bills of reputed customers which in turn, helps in reducing the cash cycle for the business, freeing up cash for working capital, business funding and other requirements.
Finance amount: Up to Rs. 40 Cr
Validity: Up to 12 months
This is the suitable product for the recurring working capital requirement. You have the flexibility to draw down in installments as per requirement. Each drawn amount is repayable after 2-3 months. You can draw down any number of times till your current outstanding is within the sanctioned limit. This product has the flexibility to meet seasonal demands of higher inventory.
We accept a wide range of securities. The spectrum includes land & real estate property, plant & machinery, equipment, fixed deposits, deposit certificates, KVP, NSC, securities issued by Central and State Governments, gold and other cash equivalents, life insurance policies and others.
This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Mahindra & Mahindra Financial Services Ltd, ('MMFSL') does not warrant its completeness and accuracy. Whilst we are not soliciting any action based upon this information, all care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument receipt of this information should rely on their own investigations and take their own professional advice. Neither MMFSL nor any of its employees shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
MMFSL and its affiliates, officers, directors, and employees, including people involved in the preparation or issuance of this material, may vary from time to time, have long or short positions in, and buy or sell the securities thereof, of the company mentioned herein. MMFSL may at any time solicit or provide, credit, advisory or other services to the issuer of any security referred to herein. Accordingly, information may be available to MMFSL, which is not reflected in this material, and MMFSL may have acted upon or used the information prim to, or immediately following its publication.
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