NPA Finance is an important tool for individuals & businesses struggling with NPA account issues to recover from their NPA loans & regain their financial strength.
We offer NPA Finance facility for businesses to close their NPA accounts and save their properties & business from bank legal issues.
When an account slips into the NPA, it creates a lot of issues for borrowers, like freezing of current accounts, blocking of account debit & legal issues started towards recovery of their loan, which includes possession & auction of collateral properties.
The DRT & other courts can give temporary relief to the borrowers by providing time for the payment of the loan. But, sooner or later, the NPA loan account must be closed in order to enjoy a worry-free life & focus on your business.
It is very important to remove NPA by closing it completely & safeguard your precious properties. But, due to a lack of funds, this cannot be done.
We offer an NPA finance facility to provide funds to close an NPA account successfully and restart your financial journey.
NPA Finance is a loan given by any financial institution licensed by the RBI (Reserve Bank of India) to take over the borrower’s NPA account liability from a previous bank/NBFC and give repayment in the shape of EMIs for the next four to five years.
This loan can be paid directly to the previous bank on the borrower’s behalf to close the NPA account completely. All the securities/collateral will come to this new lender. This new loan depends directly on the client’s business financial health, collateral with the previous bank, and any additional collateral offered. A good cash flow in the balance sheet gives confidence to new lenders to finance & ample collateral coverage is usually 2x collateral. Clients get benefits in the following ways:
Our rate of interest varies from 17 to 20% on the reducing balance
We offer a tenure of a minimum of one year to a maximum of five years
Monthly EMIs
Our funds can be utilized to close NPA accounts directly through us
As applicable, but can be negotiated with strong proof of a future funding source
Around two weeks for disbursement. However, approval can be done within a week.
Fund Source India is the most trusted NPA Finance company dedicated to clients under Stress or NPA status and facing legal issues with banks & they are now looking for finance to come out of this Stress situation and further excel in their businesses.
With the help of our financial services, clients can convert their NPA account into a normal account and get a fresh financial restart for the borrower. Our services enable you to regain control of your finances and focus on your business expansion.
Our rich experience and deep knowledge of the subject make us a leader in the NPA Financing company in India. Our previous track record and industry connections for resolving stress accounts give confidence to our clients. We offer a wide range of services to cater to the needs of our clients & to help them to come out of stressful situations and excel in business.
Our process is designed to be simple and efficient:
“With the help of your company, we easily obtained NPA Finance without any difficulty. We appreciate your efforts in procuring the loan amount. Great work.”
– Ajay Chawla, Chawla Printers Pvt Ltd, New Delhi
“One of the most prominent companies, as we had been stuck for the last two years with our bank. Fund Source helped us secure NPA Finance within a short period, providing timely assistance to resolve our financial challenges. Thank you, Fund Source, for your prompt help.”
– Brijesh Shukla, Rajhans Fertilizers Ltd, Indore
India’s No.1 NPA funding & OTS Finance Company with Proven Track Record. We are exclusively working for Private Finance for NPA Accounts (NON-PERFORMING ASSET)
