UNSECURED FINANCE

Working Capital Term Loan

Growing businesses need funds to grow more so NFC has come into an arrangement where your day-to-day short working capital gap can be fulfilled on a short-term basis from 1 year to 5 years monthly repayment up to 5 cr. Without any kind of NOC or Security required from your side.

Private Funding

Business is full of opportunities where we get several opportunities to grow faster but to grab such opportunities we need someone who walks with us for our growth. NFC helps you to grab the opportunity by arranging the funds for short terms which your bank may be unable to structure. Funding can be done unsecured up to 3 cr from a period of 15 days to 1-year repayment. Which is based on relation.

Debtor Discounting

Debtor Discounting is a service that covers the financing and collection of account receivables in domestic and international trade. Where we could look at financing your receivables from your buyers. For example, you supply your Finish good to your client where you generally get payment after 60 – 90 or 120 days. In such cases, working capital and cash flow get stuck. At such time NFC will help you by arranging credit payment on the spot from our banks/institution and you need to pay them after 60 – 90 or 120 days so that your working capital flows smoothly.

This facility is available for all small as well as medium size industries who got credit sales. Arrangements can be done where no security or NOC need to be taken from your bank.

Purchase Bill Discounting

The facility is extended to well-established corporate semi-corporate and SMEs for procuring raw materials. NFC can make an arrangement to pay your supplier on the spot and avail Clean(unsecured) credit which you need to pay after 120 days. The payment to your supplier will be made by our bank/institution and later would be collected from you. This facility can be arranged over and above your bank limit and without interruption of any kind of NOC.

L.C./B.G Facility

Banks usually handle Letters of Credit (LC), but NFC can provide additional unsecured credit, beyond the LC limit, up to 5 crores(unsecured). Companies with annual sales exceeding 1 crore are eligible to participate in such an arrangement.