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| CORPORATE
FINANCE |
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OUR OFFERING
Turning Point Consultancy offers a
whole host of banking /credit products [both fund based
and non-fund based] to several large Indian groups /conglomerates
covering asset backed lending/ bill discounting/project
finance/working capital finance etc.
WORKING CAPITAL FINANCE
We offer working capital financing
products with value added features. Working Capital products
include both fund-based and fee-based products. Fund-based
working capital products include cash credit, overdraft,
bill discounting, subscription to commercial paper, short-term
loans, export financing (post-shipment as well as pre-shipment),
medium term loans, preference shares, non-convertible debentures
(both fixed and floating rate). Fee based products include
documentary credit and bank guarantees.
Working Capital facilities are provided to the industry
to finance the day-to-day production and sales. For production,
funds are generally required for purchase of raw material,
stores, fuel, for payment to labor, power charges etc.,
for storing finished goods till they are sold out and for
financing the sales by way of sundry debtors / receivables.
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Cash Credit /
Working Capital Demand Loan |
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The Bank offers a combination of operative
cash credit and demand loan to meet the domestic working
capital requirements of corporates. |
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Loans Against
FCNR (B) Deposits |
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We provide FCNR (B) loans for working
capital and other productive purposes, for a period ranging
from 6 months to 36 months. |
TERM LENDING
The Bank offers short-term
loans for a period ranging from 3 months to 12 months to sound
corporates for augmenting their working capital requirements.
The funds are provided with interest rates either linked to
its PLR or at a fixed rate with varying repayment patterns,
to meet temporary shortfall in working capital, arising out
of delay in realisation of receivables or to hold excess inventory
for execution of extra orders.
The bank offerings also include long-term working capital
loans upto 5 years. All loans for tenures above one year are
generally secured by first charge on fixed assets or current
assets of the borrower with an acceptable asset cover.
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Project Loans |
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We offer long term loans to both Industrial
as well as Infrastructure sectors promoted by strong business
houses. These comprise sectors like Telecom, Chemical,
Fertilizer, Cement, Oil & Gas, Power, Ports, Roads,
Railways, Housing and others. These loans are for a period
of 5-7 years with a morotorium period and Interest Rates
which could be fixed or floating linked to the bank's
PLR. |
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BILLS FINANCE
- SUPPLY / PURCHASE BILLS
This product enables
corporates to fund their operating cycle right from the stage
of procurement to sale.
Export Credit – Pre-shipment & Post-shipment:
We provide export finance in Domestic & Foreign currency
to the corporates having global operators.
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Channel Finance |
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The distribution channel assumes great
significance in the present competitive market. Through
this product, we finance the dealers against their receivables
(with or without Letter of Comfort of the corporates)
and help improve the cash flows for the corporates. |
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Asset Securitisation |
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We also extend loans for asset securitisation
comprising lease rental receivables, credit card receivables,
other receivables etc. Here the future cash-flow receivables
of the borrower are discounted applying a discount rate
and arrived at the Net Present Value (NPV) which is the
amount lent to the borrower. |
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Line of Credit |
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This is a versatile product providing
total flexibility to corporates to utilise the line (pre-determined
exposure limit) of credit either as funded or non-funded
for approval purposes and tenure. The terms of the line
of credit are either predetermined or negotiated at an
appropriate time. |
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Bank Guarantees
- (Irrevocable Unconditional) |
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Performance Guarantees / Standby Letter
of Credit
Deferred Payment Guarantees
Asset Credit Scheme
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Copyright
© 2005, Turning Point Consultancy Ltd.
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