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Used Car Platform
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The company was looking to expand the sources of debt capital already available to the business. Size and scale of the company and its plans for foray into the consumer segment meant that it needed to look beyond top tier banks for working capital financing at competitive rates.
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Challenges
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We helped the company start a new relationship with a reputed Tier 2 bank with strong start up lending program and a tech stack to support any future expansion.
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We helped set up a inventory led working capital program which could scale with the growth in the business on terms at par with large banks.
Impact
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