This is an easy way of financing your short and medium term working capital requirements to fulfill your business needs. This is a facility of revolving nature which helps to fill your day to day cash deficits in your business. |
Main features of the facility are : - Repayments (maturities) can be structured according to your cash flows
- You can draw based on the value of the collateral
- Business assessment process is carried out within a short period to facilitate quick delivery.
- Delivery system is facilitated by discounting a Bill of Exchange
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Basic requirements need to fulfill to obtain this facility: - Should be a registered business entity
- Should have a history to prove your business capability
- Should be able to provide collateral acceptable to MBSL
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