SME FINANCE

IIDFC promotes small and medium enterpreneurs in manufacturing and service industries through its SME Finance Scheme. The aim is to provide quality service to the enterpreneurs with potential and innovative ideas.

WHOM DO WE FINANCE?

Small and Medium Enterprises involved in business with a proven track record are primarily eligible for the scheme. We offer different financial products to the potential clients considering the sponsors' credential, management strength, sales growth, technical soundness, cost efficiency, future prospect and last but not the least their transaction behaviour with other lenders and associates, if any.

WHERE DO WE FINANCE?

Considering the sponsors' past track record, future prospect, opportunities and threats, we finance in the following areas:

The list is not limited to above. We always welcome enterpreneurs from diversified manufacturing areas as well as service industries.

TERMS AND CONDITIONS

The General Terms and Conditions are as follows:

Tenure

Maximam limit depends on

Mode of repayment

Insurance coverage

Leased assets are to be duly insured covering all possible risk and premiums are to be paid by the lessee.

Security

Collateral to secure the finance is not mandatory in IIDFC. Rather the type and mode of security depends on (i) the nature, experience and performance of the business (ii) past track record of the sponsor(s) and (iii) the amount of financial facility to be enjoyed.

ADVANTAGES