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Property Purchase funding for an amount greater than the agreement value

Company: XYZ Business Services Pvt. Ltd Line of Business: Providing Managed office spaces and Business Centres (eg. Regus) Customer Turnover: 15-20 Cr Customer’s Requirement: The customer wanted to purchase an office space in Mumbai with an agreement value of 30 Cr and wanted another 5 Cr for renovating the interiors. He did not wish to

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Funding inspite of inadequate loan servicing capacity

Company: ABC Hospitality Private Limited. (Case referred by MOPWML) Line of Business: Providing Hospitality Services to retail customers Company Turnover: 7-8 Cr per annum Customer’s Requirement: The client had provided a residential property collateral of around 12 Cr along with an equity portfolio of around 3 Cr to an NBFC and was enjoying a funding

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Cash Flow Mismanagement

Company: XYZ Logistics Ltd. Line of Business: Road Transport and Logistics Customer Turnover: 70-80 Cr Customer Requirement: The customer was looking for an additional Funding of 5 Cr for working capital purposes. On further probing, it was found that the cash flow crunch was only due to the heavy EMIs the customer was servicing on

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