Product
Summary

Usually short term in nature, this product can be catered from corporate houses to people.

Product
Features

  • Financing for any interim period to maintain liquidity while waiting for an anticipated reasonable cash inflow
  • Provided to the companies before their IPO to cover related expenses
  • Once the IPO is complete, the cash from the offering will immediately payoff the loan liability. Hence repayment is generally through bullet payments.
  • Tenure of up to 12 months

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