Edelweiss offers Promoter Funding services to promoters of companies against their shareholding in the organization or to the operating company against the shareholding of its promoters.
With this funding, promoters can meet their diverse requirements such as expansion and diversification of the business. The security cover for Promoter Funding is decided upon on a case-by-case basis and the normal tenure is between one and three years. The minimum loan amount is INR 5 Cr with very competitive interest rates.
The benefits of this product are
||Increased promoter's holding in the business by using existing stake
||Addressing liquidity requirements for expansion and diversification of business
||Quick and easy procurement
**We reserve the right to sanction the financial assistance.