Channel Partners Capital (CPC), a provider of small business
working capital loans, was ranked among the 5,000 fastest-growing private companies in the US by Inc.
The Industrial financing loan facility which is administered by IDC, approved
working capital loans to the value of R988 million of which 78 % has been disbursed.
This would include rescheduling of Rs 7,000 crore term loan and Rs 2,000-2,500 crore of
working capital loans.
He added that AI would now issue government-backed non-convertible debentures (NCDs) worth Rs 7,400 crore to its lenders to repay part of its Rs 21,200 crore
working capital loans.
The number of OIT export
working capital loans increased 14.
The European Commission authorised, on 28 January, under EU state aid rules, a twelve-month extension, until 31 December 2011, of a temporary Hungarian scheme to grant subsidised guarantees for investment and
working capital loans to firms.
The carrier has accumulated losses of over ` 14,000 crore in the last four fiscals and a total debt of over ` 40,000 crore, including the ` 18,000 crore of
working capital loans.
The banking regulator in China is to monitor
working capital loans issued by banks.
In Germany, the scheme authorises the federal, regional and local authorities to grant aid in the form of subsidised guarantees for investment and
working capital loans up until 31 December 2010.
The interest rate on these
working capital loans is 4 percent, with terms up to a maximum of 30 years.
The program provides direct
working capital loans, and the funds may be used to cover operating costs until the essential employee or business owner is released from active duty.
There are four areas of approved investments: Healthcare facilities loans; Commercial real estate loans;
Working capital loans for businesses (including the business of developing multifamily housing); Business factoring and asset-based loans.
