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FINANCE OPTIONS
  Local Partner Investment/Contribution TimePass Media’s Investment/Contribution Bank/Financial Institution Finance
Option 1 50% or more of Project Cost on Local Partner’s choice. 50% or less of Project Cost on Local Partner’s choice. Nil
Option 2 25-35% Collateral for Bank/Financial Institution 65-75% of project cost
Option 3 Collateral for Bank/Financial Institution 25-35% of Project Cost 65-75% of project cost
  • Margin for Bank/Financial Institution is based on the risk assessment criteria and margin requirements of the respective Bank/Financial Institution.
  • Bank/Financial Institution finance is subject to meeting of credit and eligibility norms of respective Banks/Financial institution.
  • TimePass Media and its consultants will assist in raising finance from various Banks/Financial Institution but do not guarantee a confirmed sanction.
  • TimePass Media however underwrites 50% or less of capital contribution for Option 1.
  • Personal/Business loans at reasonable rate of interest may be made available from leading banks, financial institutions towards Promoter’s contribution, if required, subject to the Local Partner satisfying eligibility and credit norms of the respective lender.
 
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