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 SME Scale Up Initiative

Scope:            

Enable small and medium industrial manufacturers to scale up their operations.

Requirements:

  • For new and existing clients with good standing.
  • Brownfield projects with 3 years audited financials.
  • 5% CAGR in the last 3 years.
  • Positive EBITDA in two of the last three years.
  • Utilization of existing capacity which merits expanding.
  • Terms and conditions apply.

Incentives:

  • Longer tenure (minimum of 8 years).
  • Longer grace period (up to 24 months).
  • Reduce Net worth requirement to 50% of loan amount.
  • No Additional Security required.
  • Upfront disbursement of 30% of the loan amount.

For Applying Click here