Sugar Pledge Loan
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Sugar Pledge Loan
Sugar pledge loan in India
The sugar industry is one of the most capital-intensive industries. There is a huge capital involved to start as well as run the industry. The turnaround time for sugarcane to cash is very high. Financing sugar companies can thus be a problem. And this is one of the main reasons why sugar industries face crunches on working capital. This working capital issue of the sugar industry can be best sorted out with the sugar pledge.
The time gap between the production of sugar and selling sugar to the market is also very high. Most of the time the sale of sugar is controlled by the government. All these factors finally hamper the working cycle of the company. And the sugar pledge is the best and fast available solution for your working capital.
Advantages of sugar pledge loan
- This is an industry-specific solution.
- No separate arrangements are to be made to raise funds.
- The funds can be used to justify the immediate working capital requirement and the farmers’ advances for sugar cane harvesting.
- Repay the funds against the release of a specific stock.
- Highly flexible debt instruments.
- Real-time market value is considered for exposure.
Many Sugar factories have sugar stock worth crores of rupees. The stock is basically idle unless it gets converted to cash. Most of the time, the requirement of the sugar factory for sugar pledges cannot be taken care of by a single financial institution and the process then becomes complicated.
So we at Financiio Venture help sugar factories to get the required funds against sugar as a pledge. With our help, the sugar factories can get funding at the minimum rate of interest in the market. We will make sure our clients must best deal with all the required facilities.