NPA Funding and Resolution
Tailored services provided by Prusage
Options for flexible repayment terms will be provided to meet the demands of the borrower.
Depending on the borrower’s needs, the value of the collateral, and the borrower’s cash flow or other funding sources, OTS funding may be given in full or in part.
Assist you in restructuring your company to make repayment easier using the company’s cash flow.
Take advantage of the lowest rate of interest (ROI) in the industry.
Up to INR 200 crores in loans
The transaction may usually be finished in 25 days.
It is possible to offer a moratorium term, which would temporarily release the borrower from repayment responsibilities.
Prusage is a fast-growing OTS financing company with strong record.
The borrower faces severe difficulties when an account becomes non-performing, and in extreme cases businesses shut down, bank may seize mortgaged assets or sell collateral to recoup the unpaid amount. To prevent this, a borrow must pay the remaining loan balance. Applying for OTS is one of the finest ways to do this. A borrower can avoid significant cost in form of fines, charges and penalties.
What is OTS Finance?
OTS Finance refers to the amount given to a borrower as a loan by an RBI approved financial institution to deal with NPA. OTS allows the transfer of liability of such NPAs to new financial institution in return of a structured repayment in the form of EMIs. Whether the borrower is eligible for the loan or not depends on numerous parameters such as particulars of agreement, sources of income and valuation of securities.
Solution for OTS Funding or OTS Finance
Prusage help investors navigate through OTS funding, once OTS gets verified by the financial institution or Bank. Benefitting from our valuable networks of investors, ready to fund the entirety of OTS or in different ratios depending upon factors such as repaying capacity and need of the borrower. Our team of experts with valuable insights and experience can guide you and help revive the financial health of your organization.