SME

IPDC SME FINANCING

Being a financing partner, IPDC encourages prevailing & potential SME entrepreneurs by offering tailored & affordable products with a vision to boost SME enterprises and empowering women nationwide.

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UNDERSTANDING

YOUR NEEDS

We recognize the right potential of our customers with our knowhow. Our experts map our products in a way enabling you to achieve a quantum leap of growth. We have been flourishing as we consider your needs as our concern.


BUILDING

NETWORK THROUGH US

With IPDC, you will not only find our financial partner right at your doorstep with the budding branches and partner locations nationwide but also enjoy the online presence at your fingertips. We vouch for a dedicated team of service personnel who will astonish you with extraordinary customer service by offering a well-designed process that will let you experience your business growth like never before.

Improving Communities

CHOOSE A SCHEME WHICH BEST FITS YOUR NEEDS

Lease Finance
Long Term Finance
Short Term Finance
Finance for Women Entrepreneurs
Factoring
Work Order Financing

List of Documents Required

SL No. Documents Proprietorship Concern Partnership Firm Private Limited Company Public Limited Company
1 Valid Trade License
2 3 Year Old Trade License
3 Latest 12 months Bank Statement
4 National ID of Business Owners
5 Utility Bill of Business
6 TIN Certificate
7 Photograph of the Owners
8 Registered Partnership Deed
9 Memorandum & Article of Incorporation, Form X and XII
10 Certificate of Incorporation
11 Board/ Partnership Resolution
12 Environment Clearance Certificate
13 All Facility Related Offer Letters
14 Financial Statements of last 3 years

Lease Finance

Lease finance is offered to small/medium size business for procuring fixed asset like commercial/office equipment, machineries, generators, vehicles, vessels etc.

Potential Customer

  • Small/Medium industries involved in manufacturing/trading/service oriented businesses.
  • Businesses having more than 3 years’ experience
  • Entity should be Proprietorship/ Partnerships/ Private Limited Company/Public Limited Company

Potential Customer

To procure asset i.e. vehicle or equipment

Facility Tenure

Minimum allowable tenure for this facility is 12 months and maximum preferable is 60 months.

Repayment

Repayment of the facility can be either through monthly equal instalment or structured payment based on the cashflow of the businesses.

Security

The ownership of the leased assets is the primary security. Additional security can be ensured generally in the form of personal guarantee, post-dated cheques and one cheque covering the total finance amount.

Long Term Finance

Financing in any business concern to meet up various regular capital/fixed expenditures

Potential Customer

  • Small/Medium industries involved in manufacturing/trading/service oriented businesses.
  • Businesses having more than 3 years’ experience
  • Entity should be Proprietorship/ Partnerships/ Private Limited Company/Public Limited Company

Purpose

For expansion of production line, modernization of manufacturing process, extension of capacity and space, purchase of fixed assets etc.

Facility Tenure

Minimum allowable tenure for this facility is 24 months and maximum preferable is 60 months.

Repayment

Repayment of the facility can be either through monthly equal instalment or structured payment based on the cashflow of the businesses.

Security

In case of term loan facility collateral is required to secure the loan facility. Additional security can be ensured generally in the form of cash security, personal guarantee, corporate guarantee, post-dated cheques and one cheque covering total finance amount.

Short Term Finance

Short Term Loan to different business concerns to meet urgent fund requirement for any interim period.

Potential Customer

  • Small/Medium industries involved in manufacturing/trading/service oriented businesses.
  • Businesses having more than 3 years’ experience
  • Entity should be Proprietorship/ Partnerships/ Private Limited Company/Public Limited Company

Purpose

To meet up day to day fund requirement or to procure raw materials.

Facility Tenure

Maximum allowable tenure for this facility is 12 months.

Repayment

Repayment of the facility can be either through monthly equal instalment, structured payment, monthly/quarterly interest payment & revolving based on the cashflow of the businesses.

Security

In case of term loan facility collateral is required to secure the loan facility. Additional security can be ensured generally in the form of cash security, personal guarantee, corporate guarantee, post-dated cheques and one cheque covering total finance amount.

Financing Women Entrepreneurs

This product is exclusively tailored for the women in business to give them that extra edge and succeed.

Target Customer

  • Small/Medium industries involved in manufacturing/trading/service oriented businesses especially women entrepreneurs.
  • Businesses having more than 1 years' experience
  • Entity should be Proprietorship/ Partnerships/ Private Limited Company

Purpose

To meet the Working Capital requirements/ procurement of fixed assets/ expansion of factory space etc.

Facility Tenure

Minimum allowable tenure for this facility is 24 months and maximum preferable is 60 months.

Repayment

Repayment of the facility can be either through monthly equal instalment or structured payment based on the cashflow of the businesses.

Security

In case of term loan facility collateral is required to secure the loan facility. Additional security can be ensured generally in the form of cash security, personal guarantee, post-dated cheques and one cheque covering total finance amount.

Factoring

IPDC Factoring provides advance cash against invoices or bills. With IDPC Factoring no need to wait 90 to 180 days with your accounts receivables.

Features

  • Collateral Free Financing.
  • Immediate and flexible advance financing supports.
  • Up to 90% Advance.
  • Monthly and Bi-Weekly Reporting.
  • Automatic revolving line.
  • Minimum facility setup time and superior service quality.
  • Improved cash flow of the company.
  • Highly focused industry expertise

Fees and charges:

  • Most competitive interest rate in the market.
  • Interest is charged on daily basis.
  • Minimum Factoring charge on Gross invoice value.
  • One of the lowest management fees in the market.
  • No hidden cost

Work Order Financing

IPDC offers financing against Work Orders (WO) to bridge the gap between time of processing the order and receipt of payment.

Features

  • Financing may be provided up to 70% of the total operation.
  • Financing can be made through short term Working Capital Financing as required but not extending the life of the order.
  • Competitive interest rate.
SME Application Form