SIDBI : Scheme for Asset Backed Assistance to Service Sector
To meet the credit needs of entities / projects creating fixed
assets as part of the project / business or offering fixed assets as collateral.
Indicative profile of such businesses:
Forms of assistance:
Quantum of assistance :
Eligible heads for financing:
Capex, movable assets including equipment, current assets,
intangibles, WC/ WC margin etc
Rate of Interest (coupon rate):
Upto 12 years including moratorium for project based
For non project assistance, upto 5 years including moratorium.
For exclusive equipment financing, generally 3-6 years including
Repayment could be fixed installments or ballooned in line with
the expected cash flow.
For seasonal industries/ businesses, repayment could be suitably
The assistance shall be secured by assets acquired under the
assistance and/ or other unencumbered assets of the borrower.
Other acceptable collateral securities, as may be stipulated.