We offer NPA Funding for stressed borrowers in the regions of Thane & Mumbai. Stressed companies or individuals facing issues with NPA accounts, cases under the DRT court, and property auctions can apply to us to come out of the legal & recovery process and save their properties.
Our NPA Funding solutions for NPA & Stressed Borrowers of Thane & Mumbai
NPA Loan Takeover
We can directly take over the NPA loan from the previous lender, so that the account will be totally closed and all associated legal issues will also be closed. A new repayment tenor with an option of monthly EMIs, will be provided to borrowers. Our NPA loan takeover facility provides a good solution to manage NPA accounts & helpful in raising funds for business operations as well.
Loan for Cases under DRT & NCLT
We can even offer loans to borrowers whose cases are running under the DRT & NCLT courts. Our financing can help them to close the liabilities of the creditors & re-track their businesses and finance. We also help them to get funds for expanding their business.
Loan for SMA1 & SMA2 Accounts
If your loan accounts are classified as SMA (Special Mentioned Case) and are on the verge of NPA, then our loans for such accounts are very helpful. Borrowers can use our funding to clear overdue EMIs and other charges on stressed accounts, making them standard again, and additional funding can be utilized for business.
Loan for Closing OTS
If you have finalised an OTS with your banker or are planning to do so, but have a shortage of funds to fulfill your OTS commitment. Then, you can help provide funds to close your OTS (One-Time Settlement).
Funding for High CMR Rating
Generally, companies with a high CMR rating would not be able to get funds from the standard market. As traditional banks require a CMR between 1 and 6, a higher rating than this creates issues in getting loans. So, our specialised financing for such high CMR-rated companies helps them to manage their credit profile & secure funds for business expansion.
Benefits of our Stress Funding:
- Loan starts from Rs.50 lakhs to 500 Crores
- Special rates for NPA borrowers in Thane & Mumbai
- Direct takeover of NPA Accounts
- Facility of moratorium
- Helpful in credit revival
- Restructuring facility for corporate NPA’s
- A new repayment plan is offered
- Option to close multiple loans
- Improves credit score & CMR rating
- Fast process
- Online documentation
Documents Required
- Business profile
- Company financials
- Last six months’ current account statements
- Sanction letters
- Company KYC
- Directors KYC
Now, the Borrowers from Thane & Mumbai can apply with full confidence to resolve their NPA or stressed accounts with the help of our NPA Funding solutions.