Stressed Account Finance
We at FinLender, exclusively provide funding for SMA Accounts (Special Mention Accounts are those assets/accounts that shows symptoms of bad asset quality in the first 90 days itself), Distress Account, NPA Accounts and Finance for OTS.
How Special Mentioned Accounts are different from NPA Accounts?
Non-Performing Asset (NPA) is that loan asset/account in which the principal or interest payment or both have remained overdue for a continuous period of more than 90 days, whereas Special Mention Accounts are those assets/accounts that shows symptoms of bad asset quality in the first 90 days itself or before it being identified as NPA. The classification of Special Mention Accounts (SMA) was introduced by the RBI in 2014, to identify those accounts that have the potential to become an NPA/Stressed Asset.
We at FinLender help you in Stressed Account Financing from our in-house investors (who are registered under RBI) who are interested in taking over all the Fund or non-fund-based limits from the company so that you can revive your CIBIL Score and company before turning NPA.
Do speak with our advisor to know more about Stressed Account Finance or Stressed Capital or NPA Finance or OTS Finance, or Distressed Asset Finance.
