service

Financial Services

At Sumangal Financial Solutions, we offer end-to-end financial consultancy to help industries, institutions, and entrepreneurs secure the right funding solutions for growth. We provide both fund-based and non-fund-based financial products, customized to your business needs — with professional support from project planning to loan sanction and disbursement.

1. Fund-Based & Non-Fund-Based Loans

Fund-Based Loans:

These involve direct disbursement of funds to the borrower and include term loans, cash credit, and overdrafts.

Non-Fund-Based Loans:

Here, the bank provides a guarantee or commitment on your behalf — like Letters of Credit or Bank Guarantees — without immediate fund flow.

We provide:
  • Structuring and documentation of proposals
  • Preparation of CMA data & financial projections
  • Coordination with banks and financial institutions
  • Guidance in securing approvals and renewals

2. Project Finance

We specialize in Project Finance for new industrial units, expansions, diversification, and modernization projects.

Our expertise covers:
  • Manufacturing, Processing, Recycling, Food, and Agro-based industries
  • Infrastructure, Hospitality, and Renewable Energy projects
Our services include:
  • Detailed Project Report (DPR) preparation
  • Financial viability and risk assessment
  • Debt–equity structuring and funding mix
  • Liaison with banks, NBFCs, and financial institutions
Benefit:

Get long-term project loans at optimal interest rates with structured repayment schedules and subsidy-linked assistance.

3. Cash Credit Facility (CC)

A Cash Credit facility allows businesses to draw funds against their stock and receivables for daily working capital needs.

Features:
  • Revolving credit limit based on current assets
  • Interest charged only on utilized amount
  • Flexible usage for raw materials, wages, or operating expenses
We assist in:

Loan proposal preparation, CMA data, collateral documentation, and renewal follow-ups.

4. Overdraft (OD) Facility

The Overdraft Facility helps meet temporary or seasonal cash flow shortages by allowing withdrawals beyond the account balance.

Benefits:
  • Immediate liquidity for business operations
  • Pay interest only on utilized amount
  • Flexible repayment options
Suitable for:

Traders, service providers, and MSMEs with stable turnover.

5. Cash Credit Facility (CC)

A Letter of Credit (LC) ensures secure trade transactions between buyers and suppliers
— both domestic and international.

Types Covered:
  • Sight LC, Usance LC, Inland LC, and Import/Export LC
Benefits:
  • Enhances credibility with suppliers
  • Reduces payment risk
  • Supports import and large procurement contracts
Our Role:

We guide in LC structuring, documentation, and bank coordination.

6. Bill Discounting

Bill Discounting provides short-term working capital by converting receivables (bills/invoices) into instant cash.

Advantages:
  • Improves cash flow without additional collateral
  • Shortens payment cycles
  • Reduces dependency on debt

Our Assistance:

We arrange invoice financing / bill discounting through banks and NBFCs, ensuring fast approval and competitive rates.

7. Bank Guarantee (BG)

A Bank Guarantee provides financial assurance to clients, suppliers, or government departments that contractual obligations will be met.

Types of BGs:
  • Performance Guarantee
  • Advance Payment Guarantee
  • Financial Guarantee
Benefits:
  • Builds trust and enables large contracts
  • Required for government tenders and industrial projects
We help with:

Drafting BG requests, documentation, and bank processing.

8. Equipment Finance

Equipment Finance helps businesses acquire new machinery, vehicles, or technology assets without large upfront costs.

Applicable for:

Manufacturing units, fabrication workshops, transporters, hospitals, and construction firms.

Benefits:
  • Up to 90% financing on machinery value
  • Tax benefits on depreciation & interest
  • Fast disbursal and flexible repayment
Our Role:

We assist in vendor quotation analysis, cost justification, and bank negotiation.

9. Hospital & Education Institution Financing

We provide specialized funding solutions for healthcare and educational institutions
— both private and trust-based organizations.

Hospital Finance:
  • Term loans for medical equipment, hospital construction, or expansion
  • Working capital for operations and supplies
  • NABH / NABL compliance & subsidy-linked support
Education Finance:
  • Loans for new school/college setup or infrastructure expansion
  • Working capital for staff salaries, buses, hostel facilities
  • Guidance for trust/society documentation and compliance
We Offer:
  • Project report & financial feasibility preparation
  • Bank loan application support
  • Guidance for state & central subsidy linkages (MoMSME / NABARD / NHB etc.)
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Why Choose Sumangal Financial Solutions

  • End-to-end assistance – from project planning to loan sanction
  • Expertise in both industrial & institutional finance
  • Trusted liaison with nationalised and cooperative banks
  • Transparent and result-oriented approach
  • Combined expertise in Finance + Subsidy + Project Structuring