We at Procredit partner with Individuals & Corporates alike in making finance available to them at best possible terms of funding so they can achieve their dreams and reach their potential.

About Us

We are an enabler for any individual or corporate entity requiring practical hands-on assistance in raising funds for their personal requirement or organic/inorganic expansion goals. Our strength lies not just in identifying the most cost effective finance solutions, but also in ensuring that funds are secured in a timely manner and the entire financing process from appraisal to fund disbursal is seamless and fast.

We work with India’s top Banks and NBFCs and always look out for best interest of our clients.

Our Services can be broadly categorized as follows:
A. Corporate Focus: Solutions for mid-corporates to meet their growth requirements
B. Individual/Retail Solutions: Arranging funds for personal needs such as real estate investments, business requirements, etc
Our approach is “Customer First”, and our services are focused around business enhancement of our clients.

Our team comprises of experienced & self-motivated professionals, committed to creating a distinctive financial services entity with Customer focus and zeal to
achieve results in a timely manner.
As our country’s economy is poised for an exponential growth with several structural reforms and strong fundamentals, we feel excited to be part of this growth journey and are committed to own and service our clients to address their financial needs.

Procredit’s team members have extensive experience in personal and corporate fund raising.

Core team

Nikhil Sahajwani, a Chartered Accountant from India and an MBA in Corporate Finance from USA (Univ. of North Carolina, Chapel Hill) with 10+ years experience. He has worked for Dell Computers and Amazon.com in the US as a Senior Finance Analyst, before returning to India in 2011.

Pawan Marwaha, an ex-banker with 2 decades experience in Finance distribution. He has worked as Pan India Sr. Business Head in his last role. He has received repeated awards for outstanding customer service over the years and specializes in negotiating with financial institutions for construction finance, working capital and retail loans.

Resham Wadhwa, a qualified Chartered Accountant with 15 years experience. He has worked with leading Indian corporates such as Indus Towers and Reliance Jio and is well versed with intricacies of corporate fund raising.

Satyanarayan Panda, a qualified Chartered Accountant who is entrusted with responsibility of doing basic analysis of finance proposals received and preparing financial statements for presentation to the banks and institutions.

Associates/Partners – We realize that it is better to engage and partner with like- minded professionals for assignments where such associates have developed subject-matter expertise through years of relevant experience. This enables us to offer a wider gamut of professional financial service to our clients under one roof.
Further it also enables us to offer our services to a larger client pool, with reciprocal references from our Associates.




Term loans are offered to fund capital expenditure for setting new units or expanding existing units and for modernisation of facilities. They are given for a fixed duration and must be repaid in regular monthly/quarterly instalments. These loans generally range from 1 year to 10 years. Rate of interest charged may be on a fixed or floating basis.

Features of Term Loan
 Term loans are Secured Loans. The asset that is purchased using the term loan amount will serve as a primary security and other assets of the
company/promoter can serve as collateral security.
 The loan has to be repaid within the fixed term. The principal loan amount is
generally payable after the initial moratorium period of 1 – 2 years.
 Interest rate on the loan is charged after evaluating the credit risk of the
proposal, quantum of the loan and tenure for which it is taken. The interest rate
will be subject to a minimum lending rate. The rate is negotiated between
borrowers and lenders at the time of distributing the loan.
 The average term loan’s maturity lies between 5 -10 years. The repayment of the loan is made in instalments. The tenure can be rescheduled to help borrowers deal with the financial emergencies.
 Servicing burden of the loan declines over time. The interest will be less and the principal repayment will remain constant.

Advantages of Term Loan
 This form of loan is at low rates of interest.
 The interest that the borrower pays is tax deductible.
 Terms and conditions are negotiable and hence can be modified according to
 The loan can also be availed in foreign currency in case of exporters thereby
reducing costs considerable.

One of the most common needs for working capital occurs when a business must increase its inventory and accounts receivable in order to grow its customer base and revenues. Let’s first be clear on what the term ‘working capital’ really means. From an accounting standpoint, working capital = current assets – current liabilities. Current assets are short term in nature and can be converted quickly to cash, primarily accounts receivable and inventory. Current liabilities are obligations that come due within one year, primarily accounts payable and short term debt.

The term “working capital” is often used incorrectly when talking about the financing needs of a business, especially for a start up business. For example, if a start up business is looking to finance typical operating expenses like an advertising budget and salaries for new employees, what it really needs is “long term capital” or equity. If a business is unable to support the expenses for advertising and salaries then most likely it is under- capitalized. If the company is projecting losses for the first year then most likely “equity” is what is needed, not “working capital.”
Money used to fund growth in short term assets like inventory and accounts receivables is correctly considered “working capital” financing.

Types of Working Capital Loans
Typically, a company’s working capital is calculated by subtracting the ompany’s current assets from the amount of its current liabilities.
When a company’s working capital is assessed, factors such as the types of current assets and how their ability to be converted into cash, the nature of the company’s sales and how customers pay, the existence of an approved credit line, and how accounting principles are applied, are all taken into account.
More often than not, it is long and delayed payment cycles that derail the working capital of a company. While a business may not be able to escape this always, the following methods can be used to take care of its working capital needs:

A. Business line of credit

Every business could, sometime or the other, need more cash than it has on hand. That does not mean a business owner needs to turn new opportunities away. This is where the flexible option of Business Line of Credit comes into being.
Not only does this model of financing, or start-up business loans, let your business tap into funds to expand its operations, but it can also help boost revenue by allowing you to finance new income streams.

B. Accounts receivable financing                                                           

Invoice financing is a form of short term borrowing which is extended by a lender, to its business customers, based on unpaid invoices. This, appearing as working capital, increases a company’s financial flexibility and lets the company seize any opportunity that comes its way or simply carry out regular operations without struggling for credit.

C. Instalment credit and vendor financing

Vendors play a vital role in any business. Installment credit and vendor financing boost the working capital of SME India either by discounting invoices for the goods supplied or services offered by the vendor, or allowing the company to pay for the same via regular installments.

D. P.O. financing

Purchase Order is an excellent source of filling working capital and providing SME India with start-up business loans.
In this unique source of financing, a lender provides instant working capital to those businesses which already have customer purchase orders.
This type of financing is often used by companies with a high cost of goods sold.

E. Income received in advance

Relationships play a huge role in any business. If you share a healthy working
relationship with your customers, you may be able to request for an advance payment to procure the goods to be delivered.

F. Bank overdrafts

A bank overdraft provides emergency funds if a company’s bank account can’t cover expenses. This amount is limited and an expensive financing option due to the hefty fees levied.

G. Trade finance

In an import and export business, opting for trade finance helps fill working capital needs. The exporter requires the importer to prepay for goods shipped, and to reduce risk the importer asks the exporter to document that the goods have been shipped. The importer’s bank assists by issuing a letter of credit to the exporter and providing for payment upon presentation of certain documents. The exporter’s bank may make a loan to the exporter on the basis of the export contract.

H. Letter of credit

For their need of working capital, sometimes business owners turn to a letter of credit. A letter of credit protects the interests of a seller. It is a document from the bank that guarantees payment of goods to a seller should the third-party buyer fail to pay upon delivery. In this case, the bank takes the risk of payment failure upon itself and frees the seller of the threat.
Working capital, as stated above, can be made available to a business through various means. It is wise to understand each source of financing, weigh its advantages and disadvantages before picking the option best for your business

3. Construction Finance Loan
Object : Loans to Builders/Developers for developing and constructing Residential / Commercial Premises.

Loan term : Minimum-6 Months
Maximum-5 years

Security & Title : Mortgage of the land over which the building is proposed
along with super structure. Personal Guarantee of the Partners / Promoters Corporate Guarantee (if required)
Disbursement of loan : Installments depending on the progress of work in the project, its funding requirements and availability of sufficient security

Repayment of loan : Through Escrow Account.
B. Term Loan
Object : To Builders/Developers for business purpose.
Loan term : Minimum – 6 Months
Maximum – 3 years

Security & Title : Mortgage of the Security of adequate Value as may be deemed necessary. The Receivables from various ongoing Projects to be assigned in favour of the Bank. Personal Guarantee of the Promoters of the Company. Any
other security as may be considered necessary by the Bank.

Disbursement of loan : In single tranche or in Installments based on the requirement of the Applicant Company as agreed mutually.

Repayment of loan : Through Escrow Account.


  1. Home loan
  2. Loan against Property
  3. Dropline O/D
  4. Business Loan
  5. Personal Loan
  6. Vehicle Loan

Contact Us

Corporate Office :
Procredit Financial Services LLP
Unit No. 12, 2nd Floor,
Ram Janki Building,
356 Linking Road, Khar (W),
Mumbai – 400 052, India.

Phone : 91 22 26461898

Email: admin@procredit.in

We at Procredit partner with Individuals & Corporates alike in making finance available to them at best possible terms of funding so they can achieve their dreams and reach their potential.