Working Capital Finance
Cash credit, overdraft and drawing power sized to your real operating cycle so growth is not funded from delayed payables.
Annual renewal
Business Loans · Institutional Debt Advisory
The best terms go to
the best-prepared file.
Two businesses with identical numbers routinely receive different answers from the same bank. The difference is not performance — it is presentation. We build the file, model the capacity, and place it with several lenders at once so your terms are competed for rather than quoted to you.
- Working capital, term, LAP, LRD and structured debt
- Capacity modelled on stressed DSCR, not on turnover
- Parallel placement across banks, NBFCs and credit funds
- Covenants and pricing negotiated, not accepted
From capacity to committed capital
₹5 Cr–₹500 Cr
Typical mandate range across single-lender and syndicated structures
12+
Debt instruments structured across banks, NBFCs and private credit
3–6 wks
Sanction window for a properly engineered working capital file
1 file
Built once, placed with every shortlisted lender simultaneously
01 · The Problem
You are not being priced. You are being guessed at.
When a credit team cannot reconcile your GST filings with your bank credits, cannot follow your related-party movements, or cannot see a DSCR that survives a downturn, it does not decline outright. It prices the uncertainty — through a higher rate, tighter covenants, heavier security or a smaller limit than the business deserves.
Most business owners approach lenders in sequence — one bank, then the next, then an NBFC when patience runs out. Each approach leaves a bureau enquiry, each decline narrows the field, and the facility eventually signed is rarely the best one that was available at the start.
The alternative is unglamorous and far more effective. Establish real debt capacity. Build one institutional file. Put it in front of a shortlist of lenders at the same time. Then negotiate from a position where more than one credit committee has already said yes.
Funding is the outcome. Preparation is the service.
The span between capable and fundable
02 · Instruments
The right structure, not the nearest product.
Every instrument below solves a specific problem. Choosing the wrong one is expensive for the entire life of the facility — and often blocks the better one that follows it.
Term & Machinery Loans
Capex, plant, automation and capacity expansion with a moratorium and repayment profile matched to commissioning.
5–7 year tenor
Loan Against Property
Unlocking value in owned commercial or industrial property at secured-debt pricing, without diluting ownership.
Secured
Lease Rental Discounting
Converting a contracted rental stream from a quality tenant into upfront capital at long tenor and fine pricing.
Cash-flow backed
Structured & Mezzanine Debt
Where senior debt stops and equity is too expensive — engineered instruments that fund the gap without ceding control.
Bespoke
Acquisition & Bridge Finance
Time-bound capital for transactions, transitions and takeouts, structured against a defined and dated exit.
Event-driven
03 · The Difference
Capital advisory, not loan distribution.
A distributor forwards your file. An advisor rebuilds it, and is accountable for the terms you sign.
Diagnosis before instrument
We model capacity, cycle and covenant tolerance first. The product is an output of that analysis, not a starting assumption.
An institutional file
Financial reconstruction, CMA, DSCR stress cases, related-party map and a defensible information memorandum — assembled once, read everywhere.
Parallel, competitive placement
The same file is placed with a shortlist of banks and NBFCs at the same time, so pricing and covenants are compared rather than accepted.
Terms beyond the rate
Covenants, security cover, prepayment penalties and drawdown conditions decide what a facility costs you over its life. We negotiate those too.
04 · Engagement Parameters
What we take on, and on what terms.
- Typical ticket size
- ₹5 crore to ₹500 crore, across single-lender facilities and syndicated structures.
- Business vintage
- Three or more years of operations with audited financials; earlier-stage companies are referred to equity or venture debt.
- Instruments
- Working capital, term loan, LAP, LRD, machinery finance, bridge, promoter funding, mezzanine, structured and acquisition finance.
- Security
- Secured, partially secured, guarantee-backed or cash-flow lending — determined by capacity and cost, not by default.
- Lender universe
- Public and private sector banks, small finance banks, NBFCs, AIFs and private credit funds.
- Indicative pricing
- Secured bank debt prices materially below unsecured NBFC lending; final pricing tracks rating, security cover and the prevailing rate cycle.
- Timeline
- Three to six weeks for working capital; four to ten weeks for structured, project or acquisition debt.
- Engagement
- Written advisory mandate with a success component. We are paid by you, not by the lender we recommend.
05 · The Process
Four stages, one file, several lenders.
Nothing reaches a credit desk before it can withstand appraisal — because a declined application is visible to every lender who looks at you next.
- 01Week 1
Capital diagnostic
Cash flow, existing obligations, security position and group structure are read the way a credit desk reads them. You get a candid view of capacity before anything is committed.
- 02Weeks 1–3
Structure & instrument design
Quantum, tenor, security, covenant tolerance and the right mix of instruments — modelled against stressed cases, not best cases.
- 03Weeks 3–6
File engineering & placement
The institutional file is built once and placed with a shortlist of lenders simultaneously, with a single point of query resolution.
- 04Weeks 6–10
Negotiation & drawdown
Term sheets compared line by line, covenants negotiated, documentation reviewed and disbursement discipline maintained to the final tranche.
06 · Resources
Instruments you can use today.
Three working tools from live mandates. No obligation attaches to any of them.
Business Loan Document Checklist
Everything a credit desk will ask for, in the order it should be produced — statutory, financial, security and promoter records in one list.
Request the checklistDSCR & Debt Capacity Model
The working model we use to establish how much debt a business can genuinely service before an ask is put to any lender.
Request the modelFunding Readiness Assessment
Ten weighted questions scoring your structure, record, governance and documentation. A verdict, and the weakest layer to fix first.
Take the assessment07 · Business Loan FAQs
What promoters and CFOs ask us first.
Working capital limits, secured and unsecured term loans, loan against property, lease rental discounting, machinery and equipment finance, bridge finance, promoter funding, mezzanine and structured debt, acquisition finance and inventory or supply chain funding. The instrument is chosen after the cash flow is modelled, never before.
Capacity is a function of serviceable cash flow, not turnover. Lenders size term debt against a DSCR they can defend — usually 1.3x to 1.5x on stressed projections — and working capital against your genuine receivable and inventory cycle. We model your capacity first, so the ask is credible when it reaches a credit desk.
Pricing tracks your credit standing, security cover, instrument and lender category, and moves with the repo and MCLR cycle. Secured facilities from scheduled banks price materially below unsecured NBFC lending. The larger saving usually comes from running one strong file across several lenders in parallel rather than from negotiating with one.
Yes. Unsecured term loans, cash-flow lending and CGTMSE-backed facilities all avoid third-party collateral, though they price higher or cap lower than secured debt. Where a business qualifies for the Credit Guarantee Scheme, that route is usually cheaper than unsecured NBFC borrowing — we set out that comparison on our CGTMSE page.
Three years of audited financials, provisional numbers for the current year, GST returns, twelve months of bank statements across all operating accounts, ITRs for entity and promoters, KYC and constitution documents, existing sanction letters and repayment records, and — for secured facilities — title deeds, valuation and search reports. Project or capex proposals additionally need CMA data and a project report.
A prepared file typically reaches sanction in three to six weeks for working capital and four to eight for structured or project debt. Unprepared files take three to six months, largely spent answering the same query several times. Preparation is the shortest path, not the slowest.
Almost always for reasons unrelated to profitability: unexplained related-party movement, cash flow that cannot be tied back to GST filings, a group structure nobody has mapped, collateral with unclear title, or a project report that assumes best-case demand. Credit teams price uncertainty, and unexplained is read as uncertain.
Yes. Enquiries and rejections sit in the bureau record and are visible to the next lender you approach. This is the core argument for structuring before applying — a declined file is harder to fix than an unfiled one.
We work on an advisory mandate agreed in writing before we begin, with a success component tied to a completed transaction. Our recommendation of one lender over another is not influenced by distribution economics, which is what separates capital advisory from loan distribution.
Our mandates are with established, revenue-generating businesses — typically three or more years of operations and audited financials. Early-stage companies are better served by equity or venture debt, and we will say so rather than force a bank product onto a business that cannot service it.
Next Step
Capital follows confidence. Confidence follows structure.
A thirty-minute confidential review will establish your realistic debt capacity, the instruments that fit your cash flow, and the two or three things to correct before any lender sees your file.