Project Funding

1. Project Funding There is a huge number of people, willing to make their dream projects come to life. There are some of the most brilliant projects that creative minds plan, some of the projects carry significant financial potential, the revenue generated from them seems to have a higher potential, and can be counted more than the actual cost of the project. Such dream projects should not be left idle because of manageable factors like lack of funding, or the project cost going way above the budget. To address this kind of a scenario, project funding as a specific type of loan dedicated to projects is introduced. This type of funding is provided to give certain leverage and thrust to the proposed project. This loan is beneficial for the borrower because the collateral is the project itself. What is project funding/financing? It is a type of loan which is provided for a specific project aiming at establishment or enhancement or the introduction of something economically working; a project in this case. This type of loan is provided without the availability of collateral because of the project, ie; the revenue generated from the project. A lot of funds seeking people to wonder which are the best project funding agencies in India or how to get project funding; we are here to address this concern.

2. How to get project funding? Before knowing how to get project funding, you should check whether you are an eligible candidate to get your project funded; 1. Project reliability - This analysis is done by the lending institution, as per the economic potential of the project, the focus is on whether the project, once commenced would be able to repay the loan. 2. Mortgage Available: In the case of ​project funding​, the mortgage is generally the project itself and the revenue to be generated from it. A loan is provided by the concerned financial institution if there is enough mortgage available on the project. The lender has to see potential in the venture to be able to sanction the loan. 3. Payback Period of The Project: If they project seems to take a long time in completing and a longer time in generating revenue, then the proposal may get rejected, make sure the commencement doesn’t exceed the required time. 4. Personnel Profile and Experience: In other words, the businessperson’s ratings are considered at the time of deciding the amount of funding that can be provided. Project funding at Terkar capital Terkar capital is one such professional firm that provides project funding, With hassle-free and borrower-friendly services, satisfaction and trust among the borrowers and lenders is essential, Terkar Capital ensures the same.