Loan for NPA Accounts – For SME's, Corporates & Individuals.

We offer loans for NPA accounts, including funding for corporate NPAs and SM1 & SM2 category cases.

 

Our NPA Restructuring Finance is available throughout India, including cases under DRT & NCLT.

 

We provide asset-backed funding for companies with distressed loans that need financial restructuring.

Our Speciality - Funding for Stressed Accounts

Loan for NPA Accounts

We provide a full range of loans for NPA accounts, from pre-NPA situations like SMA1& 2 to NPA status or to close NPA accounts settled under One-Time Settlement (OTS). We also provide debt settlement loans and working capital finance for the stressed accounts.

Our services are designed to help clients overcome stressful situations, convert their NPA accounts into normal accounts, and enjoy standard banking products to excel in business.

We directly take over the NPA account from your previous bank and offer a repayment in the form of EMI for a tenor of 4-5 years. This NPA loan restructuring offers multiple benefits:

  • Convert the NPA account status to a sub-standard account
  • Helps in credit revival
  • Helps you get funds from standard banks in the future
  • Offers some supportive funds towards the working capital requirement
  • Cleans the company balance sheet from NPA loans
  • Builds a new repayment track that encourages other lenders to offer loans

Thus, loans for NPA accounts help companies & individuals recover their NPA accounts & legalities associated with them. Also, makes the companies financially strong by infusing additional working capital & helps in credit revival.

Our Services

NPA Funding

We offer NPA funding to close existing NPA loan liabilities and restructure them with easy EMI plans. Get private finance for NPA accounts across PAN India with quick approval.

OTS Finance

We provide exclusive funding for OTS (One Time Settlement), directly paying your bank to close NPA liabilities. Our OTS loans are available across PAN India with quick processing.

Builder Finance

Finance available to Developers / Builders who have marketable projects / in area of demand. Fund Source India have expertise in raising funds for Real Estate Projects.

Private Loan Against Property

Fund Source India offers private loans against property for those unable to secure bank or NBFC loans. Get up to 50% of property value with quick approval and fast disbursement.

NPA Funding in India

NPA funding is a loan facility provided to NPA borrowers to help them close their distressed loan accounts. Under this funding, the existing NPA loan liability will be paid directly, and all securities will be transferred to the new lender. It helps companies in financial restructuring, winding up legal issues, and helps in their credit revival.

It’s a great tool to close NPA accounts and re-track your business.

The following are the key features of the NPA Funding:

  • Direct takeover of NPA loan account
  • Loans starting from one crore to the highest amount required
  • Short turnaround time
  • Option of a moratorium period
  • Can be utilized to close NPA accounts under the One-Time Settlement (OTS)
  • Clients/cases running under DRT & NCLT are also eligible
  • Available in all major cities of India
  • Can be utilized for partial to full payment
  • NPA Funding for Corporates is also available

Documents Required for Loan for NPA Account:

  • Last three years’ business ITR & balance sheet
  • Last year’s bank statement for the business account
  • Bank Sanction Letter
  • Company KYC
  • Individual KYC
  • GST Registration

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Options for the NPA Account Borrowers

  • NPA Account Restructuring

The Borrower can approach their bank to restructure their NPA loan account. This will regain all previous facilities and accounts, and after one year of operation, the account will be completely converted into a standard account. Then the client can apply for an additional loan or move to another bank for enhancement. This restructuring decision completely depends upon banking policies & banks hold the complete right to restructure.

  • NPA Loan Takeover/Transfer

Borrowers can takeover /transfer their NPA account to a financial institution authorized by the RBI (Reserve Bank of India) for such transactions. These financial institutions repay directly into the NPA Loan account of your previous bank or NBFC. After one year of successful & timely repayment with this new financial institute, your account becomes standard.

  • Paying the Loan through the Help of Relatives

Borrowers can do this by taking financial favors from their close relationships. It might be possible that any of your financially sound relatives can help with a short-term arrangement of funds that can be utilized to close the NPA account.

  • NPA Funding Companies in India

The NPA funding companies in India, like Fund Source, provide financial support to NPA account borrowers and help them close their NPA loans. They have dedicated staff who can understand the complexity of the NPA transaction, such as cases running under DRT or NCLT courts. The new lender pays directly to the previous bank & all collateral securities are transferred to them. Fund Source India helps its clients close their NPA loans successfully, emerge from stressful situations, and convert their NPA accounts to normal accounts. We have helped hundreds of clients to date by providing finance to close their stress accounts.

  • Introduce a New Partner in the Company

Borrowers can raise funds by introducing new partners in the company. The new partner will take some shares in the company & will infuse some funds into the company, which can be used for repaying Non-Performing Asset Loan accounts.

  • Private Finance for NPA Accounts

Funding from private lenders is also available for NPA accounts. They help in closing NPA accounts directly and also offer NPA loan settlement funding to close loans settled under the One-Time Settlement (OTS) scheme.

But it could be more expensive than the standard financing & as well as comes with some harder conditions. Also, it is limited to one’s local area, and looking for options other than your local area will not serve your purpose. Searching for this arrangement outside your local area, you will only lose time & effort, and in some cases, your precious money also. Some of the clients have very bad experiences in terms of time & money. On top of the above, this kind of financing is not readily available.

If you have any query for NPA Account Takeover & NPA Funding ... We are available

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