Get working capital against your invoices

Renenet Finance is very active in domestic bills discounting and we can service all kinds of clients like

• •Small and Medium size Enterprises
• •Large Corporates
• •Public Sector Undertakings

We can discount L/C Bills for raw materials and capital goods where tenors are more than 180 days of

• •National Banks
• •Private Sector Banks
• •Foreign Banks
• •Co-Operative Banks

Renenet Finance acts as a broker for discounting Bills of Exchange accepted by leading creditworthy Corporates. These transactions are unsecured so our due diligence and credit worthiness becomes very important.

Factoring is funding of invoices without any tangible collateral. It is a flexible funding and collecting service which releases cash accumulated in outstanding invoices. Funding is normally 75%- 85% of the Invoice amount. It helps in improving the cash flow of a Company.

This involves placement of short term funds with tenor ranging from call to 180 days from Companies with Surplus Funds to those requiring Funds. These funds are also raised by large corporates to reduce their working capital costs.

We arrange Buyers/Suppliers credit for financing import transactions for raw materials up to one year and also for Capital goods up to 3 years. We also arrange discounting of export bills backed by Letter of Credit and Export Factoring.

We arrange equipment funding through Lease and Hire-Purchase of all types of equipment including

• •National Banks
• •Private Sector Banks
• •Foreign Banks
• •Co-Operative Banks

Leasing prevents upfront Capital Expense and Cash Outflow. It keeps the assets off the balance sheet and rental payments can be structured as per the Corporates and financial flexibility.

This is a facility for Promoters to raise funds against their existing shares to deploy funds in new ventures or invest it in existing ventures for further expansion. This product is only against Shares of listed Corporates with a high market cap and which are traded widely.

Renenet Finance arranges loans against property for Corporates. However in such cases it is important that the Company has a good cash flow which can service the repayment of Interest and Principal.

We facilitate small and medium companies to raise funds for their working capital from various banks. We also arrange term loans corporates for their expansion and renovation of their existing operations.