Debt Swapping.

For Companies who are already availing credit facilities from Banks, we can swap their credit facilities at cheaper rates through some other Banks thereby assisting the companies in reducing their cost of funds and improve the profitability. We can get a higher amount of funds on the same collateral securities as well. Further, debt swapping can also be performed for conversion of old debts to either new debts or new equity. This type of debt swaps can be performed by companies for purposes of :

• Reducing cost
• Gaining more favorable repayment schedule
• Reorganizing debts
• Avoiding bankruptcy

Who can avail debt swapping?

The rich experience of Bancredit allows it to arrange debt swapping facilities available to companies already availing existing facility like:

• In term loan or C.C. limit from Bank/Financial institution but at higher interest rates
• Who want arrangement of same facility at lower rate of interests
• Who want enhancement of existing limits on same collateral (if its' market value is more than previous assessment rates)

How services of Bancredit help?

As leading names in the field of financial restructuring process, the extensive experience gained by Bancredit allows it to:

• Provide desired service support to businesses to grow with support of bank as their financial partners
• Assisting in finding appropriate partner through takeover that best suits client company’s specific business model but with better terms and conditions
• Conduct analysis of available options and approaching one that perfectly fits the requisite financial requirement of client companies