NPA Funding

Fundsourceindia17 Oct, 2023Finance

NPA Funding is a new loan granted to an NPA borrower to close all his previous loans that slip into NPA due to any kind of unavoidable circumstances but now he is interested in rescheduling all his bad loans. Borrowers can use NPA funding to close multiple loan accounts within the same bank or with multiple banks or lenders. Through this facility, an NPA borrower can also raise working capital for his business expansion after closing the NPA account.