SIFL infrastructure products and services

Services / Expertise

SREI Infrastructure Products

We offer both fund based and non- fund based products, to meet the needs of our customers.

FUND BASED CREDITS

Project Finance

We provide long-term financing of infrastructure projects based on projected cash flows. We extend financing up to 75% of the project cost, secured by project assets and repaid entirely from project cash flows. We evaluate requirements of other securities and collaterals like guarantees, immovable assets, etc. Repayment is usually monthly, quarterly or structured with a flexible tenure based on project cash flow.

Term Loan

We extend corporate finance to infrastructure borrowers based on cash flows of existing business, and financial strengths like balance sheet, etc. to meet normal capital expenditure. The tenure is usually up to 5 years, with repayment in monthly or quarterly instalments.

Structured Finance

We provide structured credit solutions in line with specific requirements of our customers. Our structured finance transactions are mostly a hybrid of bridge finance and term loan, and could have characteristics of term loan but usually with maturity not exceeding 5 years. Repayment and security terms are also structured in a manner that mitigates risk and provides flexibility for meeting the unique needs of our customers.

Syndicate Loan

We participate in consortium / multiple lending arrangements usually with a share of 25% of total debt requirement. The debt share may go up to 50%, in cases where we are the lead arranger.

Lease Financing

We provide asset backed financing to customers against equipment such as generators, vessels, etc. Financing can be up to 85% of the cost and is usually for a period of 3 to 5 years. Repayment is through monthly or quarterly rentals which may be equal or structured (step-up, step-down, etc.).

Sale & Lease Back

We provide financing against any of the existing (procured / in-use) industrial machinery, commercial equipment, office equipment, generators, vessels, engines, etc, and the ownership of these products lies with the Project Finance division at the time of financing. Finance amount may extend up to 75% of the written down value. This is usually for a tenure of 3 to 5 years depending on the original date of purchase and current asset condition. Repayment is through monthly or quarterly rentals which may be equal or structured (step-up, step-down, bullet, etc.)

NON-FUNDS BASED CREDITS

The Project Finance division extends non-fund based financial assistance to customers by leveraging credit line from bankers through Letter of Credit (LC) and Bank Guarantee (BG) facilities. LC and BG facilities are extended to customers with the appropriate cash margin.