WORKING CAPITAL TERM LOAN ( WCTL )
This term loan is extended to specific business units to meet the short term requirements of the funds to repay short term liabilities and also in case case credit facility limited extended is not enough to fulfill the working capital needs.
MACHINERY & EQUIPMENT FINANCE ( MEF )
The fund is used for purchase of new machinery required for existing unit or new unit being started for existing business. The purchased machinery is the primary collateral for this loan and the same remains mortgaged till the repayment is completed.