Case Study

A spent solvent unit based out of Kolar was growing at 30% every year and associated with large pharma companies. The co-lateral requirement by the Bank was not sufficient to manage the growing working capital requirement. Customer being large corporates, the extended credit period is inevitable. The working capital requirement was growing in tandem with the growth in business.

The assessment model suggested Clean Bill Discounting offered by new age NBFCs through innovative products. The working capital requirement of the business is sufficiently taken care for next two years.