Cash Finance

Features

Purpose of Facility
For financing of inventory
Tenor of Facility
From 30 to 180 days or as per approved terms (Dependent upon the nature/type of inventory)
Amount of Finance
Limit will be allocated as per business needs/requirements
Pricing
Market competitive pricing will be offered
Pricing Type
Floating (Revision will be made according to the benchmark used)

For example: If 3 Months KIBOR is used then revision will be made quarterly, similarly for 6 Months KIBOR revision will be made bi-annually.

Markup Payment
Quarterly payments due after the end of each quarter or at the time of complete adjustment of principal liability (whichever comes earlier)
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    Last Update: 16/06/2024 10:15

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