Nihil Ultra Consultants Pvt. Ltd. Lal Bazar, Kolkata, West Bengal

Cash credit account is the primary method in which banks lend money against the security of commodities and debt. It runs like a current account except that the money that can be withdrawn from this account is not restricted to the amount deposited in the account. Instead, the account holder is permitted to withdraw a certain sum called \"limit\" or \"credit facility\" in excess of the amount deposited in the account. Cash credits are, in theory, payable on demand. These are, therefore, counter part of demand deposits of the bank. \r\n\r\noverdraft (od limit) is also a different kind of bank account where the account holder withdraws more money from a bank account than has been deposited in it.

Project finance is an innovative financing technique. It is commonly used to fund large scale projects. It is fast catching up as a preferred option for conventional financing. More and more businesses are opting for project finance. We offer a wide range of project finance services to assist our clients. We care about the long term financial needs of our clients. We care about their productivity and business growth. We want to maximizes their leverage and ensure better tax treatment. Now you can focus on your core business while leaving your financial worries to us. Why waste time worrying about arrangement of finances when professional help is just a phone call away?

We are efficiently rendering Project Finance Services to our esteemed clients. Our Project Finance Services are widely demanded by various high-profile corporate projects. Project Finance Services facilitate financing of very large capital intensive projects with long gestation period. In this, lenders rely on the assets created for the project as security and the cash flow of the project is generated as source of funds for repaying their dues. Basically, Project Finance Services are widely required for several infrastructural projects. Project Finance Services are innovative financing technique. It is commonly used to fund large scale projects. It is fast catching up as a preferred option for conventional financing. More and more businesses are opting for project finance. We offer a wide range of Project Finance Services to assist our clients. We care about the long term financial needs of our clients. We care about their productivity and business growth. We want to maximizes their leverage and ensure better tax treatment. Now you can focus on your core business while leaving your financial worries to us.

We provide our clients with financial services for private equity that are widely required for the companies, which are not publicly traded on a stock exchange. Our services are widely acclaimed by the customers due to their reliability, flexibility, promptness and cost-effectiveness. In addition to this, all our services can be modified as per the specifications detailed by the customers.

We provide our clients Private Equity Services that are widely required for the companies, which are not publicly traded on a stock exchange. The Private Equity Services are widely acclaimed by the customers due to their reliability, flexibility, promptness and cost-effectiveness. In addition to this, all our Private Equity Services can be modified as per the specifications detailed by the customers.

We are offering Machine Leasing Services. We provide our customers with excellent Machine Leasing Services that are widely used in mining, construction, crane & access, civil contracting, primary production and concreting & landscaping industries. Generally, we provide Machine Leasing Services for excavators, loaders, graders, cranes, forklifts, piling machinery, trommel screens and drilling machinery. In our offered Machine Leasing Services, our professionals contact our customers to understand the required amount and the exact market value of machinery before financing.

Working capital refers to that part of firm ’ s capital which is required for financing short term or current assets such as cash, marketable securities, debtors, and inventories. In other words working capital is the amount of funds necessary to cover the cost of operating the enterprise. \r\nNihil ultra group has a team of experienced customer- focused relationship managers & financial experts with wide sector experience who can offer you working capital finance by way of cash credit / working capital demand loans suitably structured to your needs and your risk profile. Non fund based facilities such as bank guarantees and letter of credit are also offered at competitive rates. We also facilitate working capital finance with other products such as trade finance, forex, derivatives and cash management.

We help our valued clients to secure loan against property on the most easy terms and conditions. Loan against property can be secured on existing residential, commercial or industrial property though us. Through our expertise in the property market and know-how of the current market rates we help our clients get the best value for their property.

We are providing Loan Against Property/mortgage loan. Loan Against Property refers to the secured loan category, where the borrower gives a guarantee by using his property as a security. The right of ownership of the property is still with the borrower, and if he/she is unable to repay the loan amount, he/she can sell the property to pay off the debts. Mortgage loans are available on self occupied residential property, vacant / rented property, commercial / industrial property. We help our valued clients to secure Loan Against Property on the most easy terms and conditions. Through our expertise in the property market and know-how of the current market rates, we help our clients get the best value for their property.

We arrange l/c & bg facilities from various banks and with the minimum securities and cash margins at the lowest possible rates. \r\n\r\nletter of credit (l/c) & bank guarantees (b/g) are different financial facilities that are offered by banking institutions. Here, a bank guarantee is a type of banking arrangement where bank substitutes its creditworthiness for that of the customer. It is a contingent obligation meaning “depending on happening of an event, which may or may not occur” with 99% of time its not paid as event does not happen. Always issued on behalf of its customers, the final liability also always falls on the customers. \r\n \r\nbank guarantee consists of a bank/financial institution offering to repay a debtor’s liabilities in case the debtor fails to do so. We provide bank guarantee services for companies operating in various industries. We provide bank guarantee services in a timely manner, while saving the clients from complicated paperwork. A bank guarantee can be issued by us for a period of one year and one day (minimum being 6 months) and can be extended till the time period of five years. Our bank guarantees are completely lienable, assignable and authenticated. \r\nOne common type of bg is performance-related where bank tells beneficiary if customer does meet the defined obligations, the bank will pay like issuing bg to shipping company for release of goods without bills of lading or substituting for cash payment. Further, bank guarantees are also issued for financial reasons like mncs from a particular country wanting to borrow from bank for its subsidiary in another country. In all bank guarantee is banks assurance to guarantee the loan. \r\n\r\nstandby letter of credit (sblc) works as non-fund based financial assistance that is provided to customers through leverage of credit line from bankers using letter of credit (lc) facility. Lc is extended to customers with appropriate cash margin.

Nihil ultra has been providing home loan consultancy to its clients. We understand the value of a house and make sure that you do not miss your dream house due to lack of finances. For this purpose we act as a home loan consultant and guide you throughout the process of loan taking. Our close association with the banks helps in procuring the loans in the most profitable terms.

The company has been providing Home Loan Consultancy to its clients. We understand the value of a house and make sure that you do not miss your dream house due to lack of finances. For this purpose, we act as a home loan consultant and guide you throughout the process of loan taking. Our close association with the banks helps in procuring the loans in the most profitable terms. Home Loan Consultancy undertaken by us is appreciated by our esteemed clients for reliability. They are 100% satisfied with Home Loan Consultancy, which we provide.

We are engaged in providing our clients with admirable financial services that are widely demanded by various corporate houses, commercial complexes, offices and small & big business houses. All our services are widely acclaimed for their reliability, flexibility, promptness and timely execution. In addition to this, our team of expert professionals works in close coordination with the customers and tries to understand their exact requirements for executing the undertaken projects efficiently.

We are offering Factoring Services. Factoring Services are structured working capital finance solutions that include finance against domestic or export receivables, collection of receivables on due date, credit protection and credit advisory services. Factoring Services, undertaken by us, are internationally accepted financing solutions that allow you to convert your accounts receivables to cash, thereby releasing the cash generation potential of your business.

For meeting the demands and requirements of our customers, we provide finance for different types of equipment and plants. These are widely used in metalworking, woodworking, plastics, engineering, glass, food processing, packaging and printing industries. Generally, we provide finance for the equipment like forklifts, side-loaders, lathes, laser cutters, turn key production equipment, wrappers & car-toners and racking.

For meeting the demands and requirements of our customers, we provide Equipment Finance Services, i.e., finance for different types of equipment and plants. Equipment Finance Services are widely used in metalworking, woodworking, plastics, engineering, glass, food processing, packaging and printing industries. Generally, we provide Equipment Finance Services on equipment, like forklifts, side-loaders, lathes, laser cutters, turnkey production equipment, wrappers & car-toners and racking.

A firm\'s working capital is the money it has available to meet current obligations (those due in less than a year) and to acquire earning assets. \r\nWe offers corporations working capital finance to meet their operating expenses, purchasing inventory, receivables financing, either by direct funding or by issuing letter of credit. \r\n\r\nkey benefits\r\n\r\nfunded facilities, i.e. The bank provides funding and assistance to actually purchase business assets or to meet business expenses. \r\n\r\nnon-funded facilities, i.e. The bank can issue letters of credit or can give a guarantee on behalf of the customer to the suppliers, government departments for the procurement of goods and services on credit. \r\nAvailable in both indian as well as foreign currency.

We are offering Bill Discounting Services. Bill Discounting Services are financial services, where the bank purchases promissory notes or drawn bills, from the domestic trade transactions, confirmed in particular with an invoice, with right of recourse to you and credits you with the amount of the bill of exchange less discount interest and additional costs related to the bill, accrued in advance from the discount date to the bill payment term. Our Bill Discounting Services are highly reckoned for timeliness and reliability.

Working capital refers to that part of firm�s capital, which is required for financing short term or current assets, such as cash, marketable securities, debtors, and inventories. In other words, working capital is the amount of funds necessary to cover the cost of operating the enterprise. We are engaged in providing Working Capital Loan. The company has a team of experienced customer-focused relationship managers and financial experts with wide sector experience, who can offer Working Capital Loan by way of cash credit / working capital demand loans suitably structured to your needs and your risk profile. Non-fund based facilities such as bank guarantees and letter of credit are also offered at competitive rates. We also facilitate Working Capital Loan with other products, such as trade finance, forex, derivatives and cash management.