Market Finance

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Nicthan Market Finance

Nicthan Traders

NICTHAN LTD Traders Loan Facility is a tailor-made solution for traders finance requirements. It offers comprehensive and diverse credit offering to help your business.

Features and Benefits

- Access to the facility within 48 hours.
- Increased capital assured.

Requirements

- Equity contribution applicable.

Nicthan Quickie

NICTHAN Quickie afford our small and medium size individuals or organization with high transaction turnover quick access to liquidity (funds) in order to meet up with their pressurized financial obligation. Repayment is usually within 5 working days.

Features and Benefits

- Minimum plan balance applicable.
- Immediate disbursement of funds for existing customers with plans with us.

Requirements

- KYC.

Nicthan Paddy

The facility is extended to economically active individual in the same market segment. Small and Medium scale entrepreneurs for business expansion.

Features and Benefits

- Group members must be in the same location.
- Equity contribution applicable.
- Maximum tenor applicable.

Requirements

- KYC.

Nicthan Asset Finance

Nicthan Nig. Ltd finances different kind of asset for our customers which we transfer ownership to customers as soon as he/she finishes payment.

Features and Benefits

- Maximum of four installment payments.
- Must have a running savings plan with us.
- Immediate access to the asset.
- Four undated cheques.

Nicthan Bullet

This is our term loan facility, whether short or medium tenor. It is designed to provide a structured and controllable mechanism through which we may provide finance to small and medium sized organizations to support their financial needs for a capital intensive project.

Features and Benefits

- Equity contribution applicable.
- Lien on domiciliation of payment by Nicthan.
- Bullet repayment of principal and interest.
- Convenient repayment plan (equal monthly principal and interest repayments).

Nicthan Working Capital

Often our customers need some funds to manage working capital gaps on a day-to-day basis. We come in here by providing the overdraft facility. Our customer will be allowed to overdraw their plans up to a specified amount to bridge gaps in cash flow and working capital. Repayment is usually from plan receivables and cash flows from the customer's business. Interest is charged on daily overdrawn balances.

Features and Benefits

- Maximum tenor applicable.
- Facility is limited to certain percentage of turnover of our savings plans.

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