FINANCE & SECRETARIAL PRACTICES

More specifically the services in Finance and Secretarial practices include Project Finance, Syndication of fund, Term loans, working Capital Facilities, LC limits, Bank Guarantee Limits, Corporate Finance and Restructuring, Rehabilitation of units and proposals under BIFR, Acquisitions, Amalgamation and Merger Schemes. Other areas of interest are Company's Law matters, Merchant Banking, Liaison with State, Central Government and other Statutory Bodies.
 
 
International Business & Financing Consulting Services
 
AMRUTHAKRISHNA STRATEGIC SOLUTIONS LIMITED is flag ship Company of ‘Amruthakrishna Group of Companies' operating from South India – is a Public Limited Company incorporated under Indian Companies Act 1956 during September 2001. It is an ISO 9001:2000 Certified Company by DAS Certifications Limited, Hampshire UK . The Company is part of the Dun & Bradstreet Global Database and has been assigned the D&B D-U-N-S® Number 91-862-9742.

It is an international consulting Company with extensive expertise specializing in providing suitable business and financing solutions to clients worldwide. We are mainly engaged in the business of securing suitable funding solutions, both equity and debt, to clients throughout the world to help them meet with their business financial needs. Our experience and long-standing relationships with international funding sources, and a commitment to the highest level of personal attention, with a clear appreciation and understanding to our client's financial needs, are the basis of our relationship with our clients. We perform our services in a professional way and within the shortest possible time.

We are able to offer through the network of capital sources we represent different methods of financing that can ensure the best suitable answers to the financial needs of each of our clients. Since our services includes appraisal and full evaluation prior to searching for suitable financing arrangements, we are ready and prepared to meet with our clients at their home countries for a face to face discussions and consultation for better results. Step by step support is offered by our professional team that includes CPA, lawyers and business & financial professionals will provide an excellent backup to our clients whenever they need it.

As a start, we require a summary of the project. This summary should contain as much information as possible regarding the project and its owners, in a précis format. Each request for funding will be treated on its own merits, regardless of the applicant credit history or the lack of information provided. Privacy is undoubtedly of personal importance to each of our clients, therefore all information and documentation supplied to us will be confidential material.

If you will have any questions while reading this material, please do not hesitate to contact us. We will be more than happy to answer on any question that may arise. AKSS LIMITED was established to provide its clients with a fully integrated, personalized business and financing solutions. The Company's activities are focused in five core areas that include:
 
 
 
Strategic Consulting Services
 
With our extensive expertise, qualified staff and international contacts, we are able to help our clients to identify, select and develop their business projects worldwide in every sector of business and industry. We start by drafting a business profile of the company's project defying the objectives and identifying the best methods of their implementation within a fixed time frame that can ensure the best required results. A full support will be provided during the implementation process.
 
 
Financing Services
 
We advise and suggest the best suitable financing solution(s) to a business as per its financial needs and goals. These suggestions are designed to maximize the results while minimizing, both the expenses incurred and the time spend in searching and securing the suitable financing solution(s). By this, we are making use of our long experience and longstanding relationships with many financing sources worldwide. We offer a full package of international financing services.
 
 
Capital Sources
 
Through our network of capital sources, capital and financial services can be made available for viable projects worldwide. Our network of capital sources includes:

Banks; Trust Funds; Pension Funds; Insurance Companies; Private & Institutional Investors; Merchant Banks; Venture Capital Companies; Commercial Finance Companies
 
 
General Terms for Finance Facility – Capital Currencies:
 
A finance facility can be arranged in several currencies as per the client request and/or our capital sources general terms and conditions. The currencies available are: Euro; US Dollars; Canadian Dollars; Japanese Yen; Sterling Pound; Swiss Francs
 
 
Finance Period
 
The finance facility can be arranged for 1, 5, 10, 15 or 20 years. In certain cases the term period can be extended, or the client will have to consider a re-finance facility. Capital generally comes in three sizes: short, intermediate and long. Short-Term financing is usually borrowed on terms of less than one year. Intermediate-Term is usually for use over a slightly longer period of time. Long-Term is usually for periods of 10 – 30 years at relatively higher interest rates.
 
 
Finance Amount
 
The minimum finance facility that we can arrange is US Dollars One Million or equivalent in the above mentioned currencies. In trade finance, we can start with a minimum of US Dollars Two Millions or equivalent. There is no limit to the maximum amounts we can handle.
 
 
Interest Rate
 
The normal market interest rate is LIBOR applicable on the date of sanction of Loan Amount. LIBOR is an inter-bank interest in London , and varies according to the currency been used.
 
 
Interest & Principle Repayment Terms
 
The interest payment can be made quarterly, semi-annually or annually. As far as the principle amount is concerned, the principle amount can be paid with or without amortization payments during the period of the loan or on maturity. A reasonable grace period for the repayment of the borrowed capital can be granted if justified.
 
 
Projects Types
 
All project types are considered, excluding military projects and / or military related projects.
 
 
Clients Preferences
 
Clients can be from every type of business or industry, whether individuals or corporations of all sizes.
 
 
Securities Accepted
 
Different security instruments can be acceptable to guaranty the repayment of the principle amount of any finance facility and the interest rate, some of the securities acceptable to our financing sources includes: First Mortgages on freehold land, buildings, equipment, etc. Corporate Guarantees Personal Guarantees of major shareholders Letters of Credits Prime Bank Guarantees Stocks, Bonds Promissory Notes AAA-Rated Insurance Guarantees.
 
 
Lender's Fees
 
All financiers do charge its clients a due diligence fee of 2.50% on the loan amount sought, to cover expenses for ascertaining the facts and figures of the borrower and certain charges are imposed towards transfer of funds. Such expenses are to be incurred in advance by the applicant. In most of the cases a site visit will be necessary. All these costs are to be borne by the applicant.
 
 
International Law Regulations
 
In some countries the laws and regulations regarding lending vary from country to country and there can be a wide variation in the presentation and final structure of the legal charge in the country of origin. In certain countries specific taxes may be payable according to the transaction type. Any finance facility offer will not take these costs into account.
 
 
Fees & Charges
 
We don't charge the client for advising and consulting until the client will proceed with a formal authorization to us to search and secure a finance facility and/or other services we cover. It is ‘Success Fee' , to be paid only against disbursement of loan amount which ranges from 1.50% to 2.50% based on the type of service we offer, which is negotiable.
 
 
About us
 
To know more about us, please write to us or contact @ +91 9618 811 811 +91 92468 27277
 
 
LIST OF DOCUMENTS REQUIRED – THREE SETS
 
1. Detailed Project Report should contain all projections for a period of ten years.
2. Copy of all relevant up to date approvals / clearances / sanctions from the Government Authorities.
3.

Audited Balance Sheet for last three years for existing company, duly certified by Chartered Accountant.

4. Projected balance sheet for fourteen years.
5.
Memorandum and Article of Association and Certification of Incorporation in case of Private / Public Limited Company. Certificate of Registration for other companies / Societies / Trust etc.
6. Track record of promoters on Company letterhead duly signed by Nominated Representative of the Board.
7. Net worth statement of the Directors certified by a Chartered Accountant
8. Present status of the project (in original duly certified by the Project Director).
9.

Details of all existing debts and liabilities – If any

10.

Any other relevant information regarding the project

11. A four passport size photograph duly signed of the Nominated Representative of the Board
12. Collateral Papers – should be clean, clear un-encumbered free hold marketable title property
 
a.

Parent deed

b.

Registered sale deed

c. Encumbrance certificate for past fifteen years
d.

Income Tax Receipt / Clearance Certificate

e. Legal Opinion and valuation report of the property
f. Any other relevant documents
 
 
OTHER TERMS
 
Term Loan period would be from three years to fifteen years in total – to be decided based on the project and its viability
The moratorium period is 2 years
Interest @ LIBOR prevailing rate as on the date of disbursement
Quarterly interest and annual principle amounts to be paid
Appointment of a Director / Member in your Board till the settlement of loan and other interest dues etc.
Security and Collateral shall be informed before sanction of loan

The Company should guarantee for the loan amount sanctioned and paid with interests & other costs if any

Period required for sanctioning the Loan amount minimum sixty working days
The Loan amount shall be in the form of foreign currency
ECGC Coverage is must
Hedging charges are excluded from the scope
 
 
 
E-Mail : info@amruthakrishnagroup.com