Latest Breaking News On - Nd ceo parry singh 39s investing experience red fort capital nbfc provides business credit witha quick turnaround time typically within 7 days the finances receivables - Page 1 : comparemela.com
Mumbai (Maharashtra) [India], August 10 (ANI/ATK): Red Fort Capital NBFC received an Investment Grade Rating BBB- from CARE for Long-term bank facilities of Rs 50 Cr. CARE's credit rating highlights Red Fort's meticulous underwriting, institutional network strength, comfortable capital adequacy, and CEO Parry Singh's investing experience. Red Fort Capital NBFC provides Business Credit with a quick turnaround time - typically within 7 days. The Red Fort NBFC finances receivables, equipment & machinery purchase, working capital, and construction. The NBFC has a well-diversified portfolio with loans in SMEs, industrial parks, FMCG, and logistics companies. Business Credit has a huge unmet demand in India. Small business owners need a quick turn around on loans - to capitalize on time-sensitive opportunities. However, Business Credit is complex to underwrite & requires extensive monitoring. While other formal lenders tend to shy away due to difficulties in assessing a b