Ambit Finvest's Secured Business Loan

Disclaimer….before you read ahead!

The information contained herein is of a general nature and for information purposes only, with the intent of raising awareness around various resources, schemes etc. available for women entrepreneurs in India. It is not intended to address the circumstances of any particular individual or entity. It does not purport to be all-inclusive or necessarily contain all the information that may be relevant for the reader, and may be subject to updation, revision or amendment. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to remain accurate in the future. The reader, therefore, is required to exercise their discretion; and not act on such information without appropriate professional advice after a thorough examination of the particular situation.

Furthermore, we are not a lender and are not authorized by the Reserve Bank of India to act as one. By disseminating the information contained herein, we are not soliciting any borrower or customers for the company or organization mentioned herein nor do we intend to syndicate any capital for the reader of this article.

About this scheme…

Secured Business Loan (Vyapar Loan) is a secured loan offering by Ambit Finvest Private Limited (Ambit Finvest), a non-deposit taking, systemically important Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI), designed to empower MSMEs that want to grow and increase profits.

How is it being implemented?

Under this Scheme, direct loans are provided to,

Established Enterprises or thriving Start-ups in manufacturing, services, retail or trading sectors

What’s on offer?

I. Product

Term Loan
Ticket Size: up to ₹3 Crores
- Should be within Loan-To-Value ratio of 50% – 80% of the property valuation

II. Purpose:

Acquisition of or investment in fixed assets
Working capital requirements

III. Borrower Type:

Sole Proprietorship, Partnership Firm, Limited Liability Partnership (LLP), Company, Trust

IV. Security or Collateral or Guarantee or Insurance

Primary Security: There may be primary charge on assets financed under this Scheme
Collateral Security: In the form of real estate, equipment, inventory, vehicles, and other business assets. In some cases, personal assets, houses, flats, lands, etc. can also be used
Guarantee: Nil
Insurance: For more information around this, please contact Ambit Finvest via means mentioned below

V. Interest Rate

Starts at 12% per annum
Exact rates depend on loan amount, loan tenure, and borrower’s profile

VI. Processing Fee

Up to 2.5% + GST
For more information around this, please contact Ambit Finvest via means mentioned below

VII. Margin Money Requirement

For more information around this, please contact Ambit Finvest via means mentioned below

VIII. Tenure, Repayments & Pre-Closures

Tenure: up to 15 years
Repayments: EMIs. Scroll here to refer to the EMI calculator
Pre-payment & Foreclosure Charges
- 4%
- For more information around this, please contact Ambit Finvest via means mentioned below

IX. Turnaround Time

This Scheme is characterised by the following features:
- Minimum Documentation
- Maximum Convenience
- Quick Loan Processing
Typically, after submitting all the required documents which are complete in all aspects, the approval process usually takes few days to a few weeks, depending on Ambit Finvest’s verification process and the complexity of the collateral evaluation
For specific information around turnaround time from Approval to Disbursement, please contact Ambit Finvest via means mentioned below