Real Estate
Construction of Grade A warehouse and lease out
Start Up Company
The company is newly established, but the promoter has vast experience in the real estate field. They managed to acquire land in prime areas through unsecured loans but struggled to raise funds.
To facilitate structured finance for a startup company without any collateral.
VGro developed a financial model for the project, covering the contract tenure of 12 years. VGro researched the market scenario and planned the fund-raising process accordingly.
We undertook the preparation of the TEV/LEI Report for prospective lenders.
Secured sanction from a single borrower to the tune of 100+ Crore, with the other two entities acting as co-borrowers.
Initial disbursement of ₹30 Crore only with a Letter of Intent (LOI) in place.
VGro helped the company to close the high debt funds with structured finance by converting CF to LRD.
VGRO facilitated the procurement of ₹250 Crore in working capital limits from a leading bank for a renowned South Indian conglomerate's civil engineering firm, unlocking cash margins and ensuring seamless project execution for government contracts.
VGro facilitated the transition of a 50-year-old EPC company from sole to multiple banking arrangements, securing over ₹650 Crore in working capital limits and an "A" credit rating, enabling participation in high-value projects and projecting revenues of ₹1,400 Crore in FY25.
VGro facilitated the transformation of a 15-year-old family-run civil contracting firm, led by two brothers and partners, from low-value projects to high-value endeavors by securing project- specific working capital limits and subsequently amplifying them to ₹60 crore, catalyzing a revenue surge to ₹200+ Crore in FY24.
VGro facilitated the gradual reduction of limits with the existing lender, enabling the release of collaterals for new lenders, ultimately onboarding four lenders, including private and PSU banks, to secure higher limits and SBLC facilities for a 30-year- old civil contracting company.
VGro facilitated the onboarding of banking channels without collateral security for a 30-year leader in auto finance, securing ₹25 crore limits from a private and PSU lender. This assistance led a 40+ year-old NBFC to double its AUM from ₹48+ crore to ₹100+ crore by resolving overdue/security issues and obtaining facilities from both private and PSU bankers.
VGro facilitated structured finance of over 100 Crore for a startup warehouse construction company, leveraging the promoter's real estate expertise, without requiring collateral. Through strategic planning and research, VGro secured initial disbursement of ₹30 Crore, enabling progress toward the project's completion.
VGRO facilitated fund acquisition under MBA, enabling a leading system integrator to reduce banking costs and collateral requirements. By closing the Consortium limit and transitioning to MBA, the company achieved lower interest rates, decreased BG margins, and improved ROE, while completing security perfection and reducing interest burden.
VGRO facilitated funds for a leading psychiatric hospital's expansion from 67 to 180 beds, overcoming challenges of non-conventional industry and new lender reluctance. Additionally, VGRO assisted in securing margin money for the promoter individually, after a two- year pursuit for project funding.
VGRO facilitated reduced BG margin from 25% to 15% and collateral coverage from 50% to 35% for a civil construction company, saving nearly 5 Crores in BG margin while reducing ROI and BG commission. Despite a 15-month struggle for additional working capital, VGRO enabled smoother project execution, alleviating cash crunch concerns.