Testimonials

R J Groups, Aurangabad

Mr. Raghvendra Joshi
Managing Director

"I have seen SMEFundings as a dedicated team to their job, especially structuring the proposal. Once they accept the job they have skills to get it done. At the same time they are very particular about perfect documentation with the institute. They are also very selective in choosing the right plan so that there will not be any default in future repayment."

ALTAIR Gas Engineering Company, Mumbai

Sandeep A Jadhav
Partner

"I would like to thank SMEFundings and like to appreciate the efforts taken by them. During the Unlock Phase, we were facing shortage of funds as our payments were delayed from clients. After getting in touch with SMEFundings and sharing all documents, we found them very professional in understanding our business, projects we cater and our requirements. They fulfilled our requirements, by arranging Collateral free loans. Happy to get reliable financial partner for all future needs. Thanks"

Tamanna Group of Hotels, Pune

Mr Prabhakar Shetty
Managing Director

"We are happy, having assisted three times by SMEFundings Team, for procuring funding for our business expansion. The team understood our requirement and gave us better solution,than what we were looking for. The value addition in proposals & Speed of working are their plus points. We look forward to continue this association for our further needs."

Raisoni Group of Institutes, Nagpur

Mr Hitesh Sankalecha
--

"We appreciate SMEFundings Team for assisting us in procuring finance for various trusts. They are amongst the people, who understand the functioning of education institutions well, structure the proposal as required & arrange finance in time. We wish them good luck."

Envision Integrated Servicec Pvt Ltd Hyderabad

Mr Chandra
Director

"We availed Business loan through SME Fundings. I really appreciate your services with the good & quick response. And also the process went smoothly. It's always great to have a positive experience with SME Fundings team. Thanks"

Olive Tree Trading Pvt Ltd, Pune

Suku Shah
Chief Managing Director

"SMEfundings.com team understood our requirement well & found perfect lender for us. Their assistance in sanctioning & disbursing the proposal was beyond expectations. They offered us thoroughly professional service, helped us negotiating the best terms & also helped in finalisation & closing the deal. Thanks."

Rungta Group of Institutes, Bhilai,Chhattisgarh

Sonal Rungta
Director Finance

"Finance assistance from SMEfundings.com has helped us grow faster in education sector. We applied for loan in first week of March & got sanction & disbursement before March end. The ease of process, Structuring for loan & speed of working is fantastic"

Bharati Vidyapeeth,Pune

B B Kad
Finance Head

"You have arranged finance for us, in a quick time,when it was required. Documentation & Process was faster & easy. We are happy with it."

Refinance & Debt Consolidation of Business Loans, Mortgage Loans & Working Capital Loans in India

Refinance of existing loan :

When the cash flow of business does not match with loan repayment schedule, it becomes difficult for business to repay the loan on time. In such situations, refinance of existing loans by takeover for higher tenure (10-15 yrs) with lower rate of interest is lucrative option. It will help the business to reduce obligation of repayment of loan, without affecting credibility.
For example: Current outstanding of the loan is Rs.12 crores, to be repaid in next 3 years i.e. Repayment obligation is Rs.4 cr per year plus interest. Refinance by new institution for 12 years with lower interest, will give new obligation of Rs.1 crores per year plus interest. Time required for such loan transfer is 15- 20 working days.

Debt Consolidation

If the business has many loans going on (Project loans / Unsecured Loans /Machinery Loans) of different amounts and different tenures, consolidation of all these loans in one loan for easy repayment, reduced obligation and possibly making some properties free, is the lucrative option. Also, with such consolidation, business will save on interest cost. Time required for such loan consolidation is 15-30 working days.

Documents Required for Equipment Machinery Loan :

3 Years financials with audit reports
Last 12 months bank statement
Existing Loan Sanctions letters & Loan Statements
MOA / AOA / Partnership Deed / Business Registration
KYC of Firm & Directors / Partners / Proprietor
Property Documents (As required)

Apply For Refinance & Debt Consolidation for Your Business