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KFIS Gives Exciting Project Finance @ Chennai TamilNadu.!
Project Finance & loan helps more Infrastructure project developers who are participating more in government development projects in the state and central government and also private projects.
Projects finance is a unique finance option which is provided for Infra projects like construction of PWD projects such as roads, bridges, railway station, airports, seaports and more developments by governments.
The Project Finance & loan is eligible for EPC Infrastructure Contractors, Class-I contractors, PWD Contractors, Sub Contractors, Suppliers, Railway contractors, Airport contractors, Seaport contractors, Pipeline contractors, Oil, Gas & water related projects, Under-Water infrastructure projects
Infrastructure Projects
Project finance is more flexible than other finance options because the repayment terms of project finance are wonderful. The best repayment options are available with maximum holiday period and till the entire project duration.
One of the major infrastructure developments are construction of Roads, Bridges & Tunnels utilized for working capital such purchasing raw-materials such as cements, bitumen’s, readymix, patching materials and more..
Eligibility Criteria For Project Finance & Loan
The specific project developers can apply for a project loan which covers working capital needs, Construction equipment requirements.
The project finance is utilized for cost working for a project development. Much expense may be required on those developments related to construction.
The major finance requirements of an infrastructure project development companies are
Working capital gap Filling
Raw materials Purchase
Heavy construction equipments hiring needs
Purchasing of heavy construction equipments
Manpower expenses
Administrative expenses
Eligibility criteria for Project Finance
Strong work experience in the similar projects for atleast 3 years
Property project contract agreement
Clear estimated project cost
Promoters KYC and solid property security Collateral.