Indian company leverages residential apartment for quick working capital

A well-known Indian company found itself in need of quick working capital to support its growing business operations. After exploring various financing options, the company’s promoters decided to leverage a prime residential apartment they owned. They approached a Rikvin capital and secured a loan against the property, which provided the much-needed funds to meet their immediate needs. With the help of this loan, the company was able to invest in new projects, expand their operations, and secure its position in the market. This strategic move allowed the company to remain competitive and continue its growth trajectory.