Loan Syndication Services
In the process of Loan Syndication Consultation in Indian Company, multiple lenders work together in order to provide various fragments of a loan instead of a single lender providing the whole amount to the borrower. It happens due to two reasons: the amount is high for a single lender to provide, the amount is beyond the scope of a lender’s risk exposure levels. The need for loan syndication usually arises when a borrower requires a large sum of capital.
This type of loan generally involves two or more banks, which function as a syndicate and use common debt documents to provide loans to businesses. Be it working capital loan, term loan, loan against property, or bank guarantee, our loan syndication services can be used for many different types of credit facilities.
Advantages of Loan Syndication
- Loan terms can be reduced
- Best prices available to the businesses in sum total
- Syndicate banks share feedback on business issues
- Ensures great visibility of borrower in the open market
- Borrowers can choose among risk management techniques, multicurrency options and prepayment rights without penalty
Frequently Asked Questions
Why you require Loan Syndication Services?
Most of loan proposals are rejected not becouse they fail to meet the criteria instead, They were not advised properly to persent their business prospective in convincing way. Furher the details provided were either incomplete or not properly persented to bank / Financer. At Tax Assist, we have an dedicated and expert team which will understand the business and accordingly provide the documentation and related advisory.
What is the interest generally charged by banks on Syndication Loans?
It Depends business to business and its related repayment risks that bank may perceive and can varry from 8.5% to 18%.
What is the loan amount that I can borrow?
It depends business to business and bank to bank. The rough range is Rs 10 Lakhs to several crore.
What will be Charged for Loan Syndication Services?
The charges will be intimated after understanding the business and amount of loan required.
Who will prepare the Project Report?
All Project Reports and related documents will be prepared by our expert team.
What if my loan application is not approved? Will Tax Assist refund the fee charged for creating Project Report?
In Loan Syndication Services, we charge for two parts. One for Preparation of Related Documents, Project Reports etc and Second for Loan Disbursement. In case loan proposal is not approved we will refund the second part of fees.