Monday, 1 February 2016

Project Loan

We deploy technology and apply innovation to create unique and compelling propositions that help you do what you always wanted to do. Hereunder are a host of unique features and benefits that you enjoy with Business Loans. “The raising of finance on a Limited Recourse basis, for the purposes of developing a large capital- intensive infrastructure project, where the borrower is a special purpose vehicle and repayment of the financing by the borrower will be dependent on the internally generated cash flows of the project” 

Project Loan is given by the lending institution or banks to the borrower for the purpose of business expansion, reconstruction etc. Project loan is also available to acquire the fixed assets like land & building, plant & machinery etc. Project Loans are available to the existing business or industrial houses for growth purpose and equally available to the new business entrants in form of seed or startup capital. Projects loans are generally mid or long term period loans but lending institutions may consider the short term loan applications depending upon the feasibility of the project. The short term Project Loan can be availed for one year whereas the mid and long term project loans can be obtained for up to 10 years.

The rate of interest is quite competitive as the loan term is longer and may be affected by the periodic changes made by the lending institutes. Construction & Infrastructure, Engineering, Automobile, Power, Gas & Petrochemical industries are some of the business domains generally leverage on the Project Loans. 

The aspirants should have the detailed project report ready as it is the very basis of getting project loan sanctioned. The lending institutions seek good credit, strong solvency ratio, strong management systems, technology penetration etc. as granting criteria for project loans. 

We give to our clients best Investment advice according to them need. We are having many types of Schemes. So Join now and get the benefit and become a part of S.S. Pvt Ltd. 

We Help You Choose the Right Products and, we take a unique approach to helping you achieve your Dreams. Additionally, we also assist borrowers with their documentation and paperwork. That way, borrowers are in turn assured of being fully prepared with all the necessary papers much before they head towards the lenders. This in turn leads to avoidance of any disappointment which would otherwise obviously set in if the lenders in question were inadequately prepared with re

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