Providing finance such as normal capital expenditure, working capital margin, short fall in working capital, repayment of high cost debt and general corporate purpose like funding of business acquisition or for brand building, etc., where no tangible asset creation may be envisaged.
Minimum exposure would be Rs.50 lakh and maximum exposure shall be as per exposure norms
Corporates with minimum 3 years of profitable operations for NEDFi assisted units, in case of other units the unit should have minimum 5 years of operations.
To the Chairman and Managing Director, NEDFi, G.S. Road, Dispur, Guwahati – 781006.