Fynamics

Project loan

Project Loan Project Finance In Ahmedabad

Quick & Easy Project Loan:

It is the part of long-term financing on big projects like infrastructure and industrial projects which are based upon the non-recourse or limited alternative of financial structure where project debt and equity are used to finance a project and paid back from cash flow which is created by the project. Whatever be the kind of your Banks, just come to u. We are committed to helping you maximize the value of your business portfolio by providing diverse and innovative solutions to the financial needs of your business.

At Fynamics, the project funding is super-fast and puts you in complete control of your project/s and lets you harness the opportunity at hand. We understand how working capital can be critical to your success and believe in your vision and determination to make a project successful.

Types of projects:

Project finance in India is done for Greenfield as well as Brownfield projects in sectors like:

  • Energy like Power Generation- (Solar, Thermal, Wind & Hydro), Power Transmission, etc
  • Power Plants – mining
  • Manufacturing ( all kinds of activities)
  • Service-related industry
  • Hotels – Resorts
  • High Rise Luxury Apartments – Golf Course – Country Clubs
  • Medical Centers – Hospitals
  • Entertainment Centers
  • Shopping Malls And Shopping Centers
  • Business Parks – Industrial – Hi-Tech Parks
  • Theme Parks
  • Entertainment Centers

Advantage of project finance:

  • Non -Recourse: In this loan is completely non-recourse to sponsor it means that the sponsor has no obligation to make payment of the project loan.
  • Maximum Leverage: In project finance sponsor usually pursues to finance the cost of development and construction of the project on highly leveraged basics.
  • Maximize tax benefits: Project finance should be properly structured to maximize tax benefits and to make sure that all tax benefits are used by the sponsor or transferred to other parties through partnership, lease, or other vehicles.
Why Apply for a Project loan with us?
  • Free consulting for best project loan
  • The guaranteed lowest rate of interest
  • Low prepayment charges
  • Maximum loan value
Eligibility
  • Project Loans are offered to companies/partnership firms in selected sectors
  • The company/firm must be in business for at least 3 years with profit in the last audited financial year
  • Greenfield projects can be considered only from established players in that business
  • Dealer inventory funding loans can be considered for established dealers of reputed automobile OEMs
  • A good CIBIL score is required for a quick approval of project loans as it checks your credit history over the period of time with other banks.
  • The amount of project loan sanctioned is decided based on the current income and banking history for the last 3 years for a salaried / self-employed professional.
  • Salaried individuals from 21-58 years of age and self-employed of age 25-65 having incomes 20k/Month and 2lac/month respectively.

Reach closer to your goals

From your ideal home to the finances you need to set up your own business, we will provide you with loans that are hassle-free, customisable and tailored to your needs.

FAQs

From Home Loans to Small business loans, we provide assistance to all the business and working professionals to get finance. Have a query lets us resolve it…

How much finance can I avail for a project? How is the quantum decided?

The maximum finance that you can avail is limited to Rs. 40 crore. This amount is primely dependent on your requirement, credit assessment and repayment capacity.

What can be accepted as security for my project finance?

What can be accepted as security for my project finance? Securities such as 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.

How long does it take to get a project loan?

A project loan gets processed within 3 weeks of submission of all required documents.

Can I prepay the Project loan?

By paying the Foreclosure charges which can range from 2-4% on the outstanding loan amount you can prepay the project loan.

Not answered above?

If still you are not satisfied and have a lot of questions/Queries in mind. Don’t panic, we are here for you just contact us and we will resolve all your loans regarding questions.

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