WCTL

11 06, 2017

What is FITL /Funded Interest Term Loan And WCTL /Working Capiatl Term-Loan

By | 2018-01-10T15:15:41+00:00 June 11th, 2017|Categories: Debt|Tags: , |0 Comments

Due to the burden of non-performing assets and debt problems, companies may fail to perform well, irrespective of their best performance track record. In-order to tackle this problem and provide the companies, a breathing space, RBI has bought a fixing tool called a 'Funded Interest Term-Loan' (FITL). At times, when businesses feel the need for [...]