At SL Money Fincap, we understand that securing a loan can be a long and stressful process. That’s why our team of professionals is here to make the process as stress-free and efficient as possible. Our speciality is arranged finance, so you can be assured that we are one of the most qualified and experienced consultants that you could find.
We combine our know-how and expertise with years of experience to provide you with tailored solutions to fit all your loan requirements. We strive to deliver the most competitive rates with no hidden fees or obligations. Our holistic approach to creating loan solutions ensures that your options are limitless, and that the loan repayment terms you receive are the best terms and rates available.
At SL Money Fincap, we go beyond just finding you a loan. We also provide advice and guidance on all aspects of the loan process including budgeting, repayment options and loan refinancing. If you’re unsure of which loan suits you best, our team of experts is here to help you decide which loan is best suited to your needs.
We understand that finding the right loan can be a daunting task. That’s why we’re here to make the process easier for you. With our years of experience, we guarantee you the best loan products and services at the most competitive rates.
Get in touch with us today and let our consultants help you find the loan that best suits your needs.
This form of finance can be used to fund a variety of different activities, from pre-export financing to long-term capital investments. It can be used to cover production costs, secure orders, and help to finance inventory, or the purchase of raw materials, and even to secure credit lines. Structured trade finance is an ideal source of finance for importers and exporters
who need working capital. Funding for importers and exporters can be a challenge, but luckily, help is available. Utilizing the latest types of financing, such as pre-shipment and post-shipment funding, companies can achieve their desired success.
Pre-shipment financing helps to cover the cost of producing goods up to the moment of shipment.
Post-shipment financing finances production and services after the goods have been shipped, until the payment for the goods is received.
Sales Bill Discounting, Factoring, Invoice Purchase, and Purchase Order Finance are all options for providing funding or finance for a business.
Sales Bill Discounting involves lending funds against unpaid trade receivables.
Factoring is a similar service but includes added services, such as debt collection and credit protection.
Invoice Purchase, meanwhile, is a type of trade finance where the lender purchases the invoice from the company, providing them with cash for it and collecting the payment from the debtor.
Purchase Order Finance involves the lender prepaying for purchase orders issued by the company, and then collecting payment from the company’s customers
Our funding helps with NPA obligations and resolution, offering one-time settlements that are quick, easy, and cost-effective. We customize solutions for your unique needs, whether it's a settlement, asset reconstruction, or complex option. Acquisition funding supports business expansion through property and machinery purchase. Loans are available for stress acquisitions from NPA companies, aiding property and machinery purchases and assisting in DRT and NCLT cases. The loan process involves providing acquisition details, financial proposals, and proof of financial management. Lenders assess long-term viability, growth potential, and costs. Timely payments and transparency are crucial. Financing options include lines of credit, bank loans,
debt security, and owner financing. We prioritize understanding your situation, budget, and timeline, providing tailored solutions with transparency and honest advice.
Our funding helps with NPA obligations and resolution, offering one-time settlements that are quick, easy, and cost-effective. We customize solutions for your unique needs, whether it's a settlement, asset reconstruction, or complex option. Acquisition funding supports business expansion through property and machinery purchase. Loans are available for stress acquisitions from NPA companies, aiding property and machinery purchases and assisting in DRT and NCLT cases. The loan process involves providing acquisition details, financial proposals, and proof of financial management. Lenders assess long-term viability, growth potential, and costs. Timely payments and transparency are crucial. Financing options include lines of credit, bank loans,
debt security, and owner financing. We prioritize understanding your situation, budget, and timeline, providing tailored solutions with transparency and honest advice.
Available in a variety of areas, such as life insurance (LI), general insurance (GI), motor insurance, marine insurance, land and building insurance, and corporate and employee insurance. Having the appropriate insurance in place can help to give businesses the confidence to continue operations, safe in the knowledge that they are covered for any potential risk that may arise. We help you to raise finance for huge insurance premiums at an affordable cost converted into longer tenure. Easing out cash flows in your system for more critical avenues.
Businesses facing cash flow gaps can rely on payroll funding to ensure timely payment to their employees and maintain productivity. Short-term payroll loans offer a solution for companies, irrespective of their earnings or credit score. SL Money Fincap specializes in providing payroll funding, offering quick and easy access to funds with competitive rates. Their streamlined process ensures efficient processing of loan requests. By availing of short-term payroll loans, businesses safeguard their cash flow and mitigate potential liabilities. SL Money Fincap understands the importance of a strong payroll system and is committed to supporting businesses in managing their payroll expenses effectively
At SL Money Fincap we understand that there are times when you need funds fast, and traditional loan disbursements can take weeks. That's why we offer unsecured bridge funding, short-term funding and instant funding with minimal paperwork and no pre-closure charges. Our average rate of interest is 5-7 percent per month for a maximum of 3 months, and disbursements can be made in less than 2 days, amounting up to INR 50 cr.
is a trust established by the Government of India, under the Ministry of Micro, Small and Medium Enterprises (MoMSME) and Small Industries Development Bank of India (SIDBI). Launched in 2000, the CGTMSE scheme offers credit guarantees to financial institutions that offered credit facilities up to Rs. 2 crores has now been raised to Rs. 5 crores. CGTMSE scheme offers credit guarantees from 75% to 85% to MSEs across India. Let’s further discuss various aspects of the CGTMSE scheme in detail:
Interest Rates | As per RBI’s Guidelines is eligible for coverage under CGTMSE |
Eligible Activities | · Manufacturing and Services including Retail trade is allowed · Educational and Training institutions, Self Help Groups (SHGs), and agriculture-related activities are not eligible |
Loan Amount | · For Micro and Small Enterprises (MSEs)– Credit facility up to Rs. 500 lakh can be covered on an outstanding basis · For Regional Rural Banks (RRBs) and Select Financial Institutions credit facilities up to Rs. 50 lakh is allowed |
Guarantee Coverage | From 75% – 85% (50% Coverage for retail activity) |
Collateral / Third Party Guarantee | Not required |
Eligible Member Lending Institutions (MLIs) | More than 100: PSUs, NBFCs, RRBs, Private Banks, SUCBs, Fls, SFBs, and Foreign Banks |
Annual Guarantee Fee for amount up to Rs. 1 crore | Fee revised from 2% and reduced to as low as 0.37% |
Credit Guarantee refers to a situation where the loan to the applicant is backed by a party without the need for any external collateral or third-party guarantee. Here, the loan sanctioned by the member lending institution is backed by the scheme which provides the guarantee cover for a large portion of the loan amount. Under the CGTMSE scheme, both new and existing micro and small enterprises, including manufacturing and service enterprises are eligible for a credit facility of up to Rs. 5 crores.
Annual Guarantee Fee structure revised and fee reduced to as low as 0.37%
If you ever find yourself in need of emergency funding and don't have immediate access to it, unsecured bridge funding, short-term funding and instant funding may be the perfect solution for you! With disbursement taking less than two days and amounts up to INR 50 cr, you can rest assured that your financial obstacles can be overcome with minimal paperwork and effort.
With no pre-closure charges and funds disbursement against post-dated cheques or existing cash flow, emergency funding can be perfect for export-import transactions, NPA resolution, one-time settlements, acquisition deals, stress account management, GST payments, and other statutory or regulatory payments.
Funding against shares, equity, debentures, bonds, non-convertible debentures (NCDs), and convertible debentures refers to a financial arrangement where individuals or businesses can obtain funding by pledging these securities as collateral. The lender evaluates the value and quality of the securities and provides a loan or credit facility based on their assessment. If the borrower defaults on repayment, the lender can sell the pledged securities to recover the outstanding amount. This type of funding allows borrowers to leverage their existing securities holdings to access capital without needing to liquidate their investments, providing a flexible financing option for various needs.
Funding against shares, equity, debentures, bonds, non-convertible debentures (NCDs), and convertible debentures refers to a financial arrangement where individuals or businesses can obtain funding by pledging these securities as collateral. The lender evaluates the value and quality of the securities and provides a loan or credit facility based on their assessment. If the borrower defaults on repayment, the lender can sell the pledged securities to recover the outstanding amount. This type of funding allows borrowers to leverage their existing securities holdings to access capital without needing to liquidate their investments, providing a flexible financing option for various needs.
A home loan, or mortgage, is a loan provided by banks for purchasing residential property. Borrowers repay the loan over a specified period with interest. The loan amount depends on factors like income and property value. Key terms include interest rate (fixed or variable), repayment period, collateral (property used as security), monthly installments, prepayment options, and foreclosure terms. Lenders may charge processing fees and other charges. Borrowers should carefully review and understand the loan terms, including interest rate, repayment schedule, and associated fees, before agreeing to the loan.
A loan against property is a type of loan where borrowers use their property as collateral. The loan amount is based on the property's value. Terms include interest rate, repayment period, eligibility criteria, and foreclosure risk if loan repayments are not made.
An unsecured business loan is a type of loan that does not require collateral. It is provided based on the creditworthiness and financial stability of the borrower. The loan amount, interest rate, and repayment terms are determined by the lender. Since there is no collateral involved, the lender assumes a higher level of risk, resulting in potentially higher interest rates. The borrower is responsible for repaying the loan according to the agreed-upon terms. Failure to make timely repayments may result in penalties, damaged credit, and legal action by the lender.
An automobile or vehicle loan is a type of loan specifically designed to finance the purchase of a vehicle. The lender provides funds to the borrower to cover the cost of the vehicle, and the borrower agrees to repay the loan over a specified period with interest. The terms and conditions of the loan, including the interest rate, repayment period, and down payment requirement, are determined by the lender based on factors such as the borrower's creditworthiness and the value of the vehicle. If the borrower fails to make the agreed-upon payments, the lender may repossess the vehicle as collateral.
A machinery loan is a type of loan provided to businesses for the purpose of purchasing or upgrading machinery and equipment. The lender disburses funds to the borrower, who then uses the loan amount to acquire the necessary machinery. The borrower agrees to repay the loan over a specified period with interest. The terms and conditions of the loan, including the interest rate, repayment period, and collateral requirements, are determined by the lender based on factors such as the borrower's creditworthiness and the value of the machinery. If the borrower defaults on the loan, the lender may take possession of the machinery as collateral.
Bridge financing, also known as short-term finance, is a type of interim financing used to cover immediate financial needs until a more permanent or long-term solution is secured. It provides temporary funding to bridge the gap between the current situation and a future source of funds, such as the sale of an asset or the approval of a long-term loan. Bridge financing typically carries a higher interest rate and shorter repayment period. It is commonly used in real estate transactions, business acquisitions, or when immediate cash flow is required. The terms and conditions vary depending on the lender and the specific circumstances of the borrower.
