Neil Industries Ltd Summary
Neil Industries Limited was set up in April 1983, as a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The Companys present product range includes loans for Business or Capacity expansion, Working Capital Loans, Loans for Purchase of Equipment and Machinery, Term Loans Against Property and Loans for Purchase of Commercial Property and other finance services.The Company has partnered with various renowned Banks and Financial Institutions for Asset Collateral Management and Securitization. It offer a wide range of services viz.
financial, project development and management services. These services include investment, project financing, project development, management and implementation, asset management, corporate advisory services and back officeservices. Asset Financing is funding a client for acquiring assets using the asset as collateral.
Acquisition funding can be done in the form of bridge financing where in the funding is later sold down to other lenders. Funding against promoters shareholding is used for capital investment in businesses for expansion and diversification, Structured Debt Finance, Stressed Assets Funding is used for turnaround of stressed assets by way of debt financing / hybrid financing structures. Margin Financing is used in funding the long term portion of working capital financing.NEIL has sponsored various projects in the Project space in association with a range of partners including communities.
It identifies need-driven projects which are commercially viable and thereafter, uses innovative structural / financial techniques to enhance project viability and has pioneered numerous such projects.Apart from this, Company has turnaround of stressed assets by way of debt financing / hybrid financing structures. NEIL helps micro and small enterprises grow and capitalize on business opportunities in an expanding economy. The Business Loans are designed to serve a wide variety of business needs - from working capital for stocks and manufacturing to loans for capital expenses.
It also has quick and easy credit access to MSMEs as well as other sectors.