SME IPO is one of the wonderful mechanism to raise funds by enlarging the business stakeholders whereby promoters are able to reduce their risk by making investors as participant of their growth story with or without loosing management control of the business.
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Working Capital Loans are meant for Business Operations. Usually these are demand loans and given for a period of 12 months.
And re-offered for next tenure of 12 months after assessment of past performance of Business.
However working capital term loans (WCTL) are offered for more than one year & payable in monthly EMIs.
And re-offered for next tenure of 12 months after assessment of past performance of Business.
However working capital term loans (WCTL) are offered for more than one year & payable in monthly EMIs.