Clarity Creates Confidence
An established textile retailer had a difficult time du...
Due to its high value, low liquidity, and difficult recovery, industrial land is frequently viewed as risky.
Therefore, most banks retreated when a client came to us with more than an acre of land but unfinished Katha documentation.
We spoke with more than ten institutions one by one, but none of them were willing to pursue the case.
However, we were aware that the project had potential.
Rather than leaving, we reorganized the proposal, obtained approval subject to Katha, and helped the client with the paperwork until the loan was eventually paid out.
As a result, where others had refused, a loan of INR 2.5 crore at 9.5 percent was approved.
Because sometimes it’s more important to understand risk than to take it.
An established textile retailer had a difficult time du...
What if “debt” isn’t a burden, but the hidden eng...