Foreign Currency Loan in India

A foreign currency Loan comes into the picture when you borrow the amount you need in a foreign currency. Also, repay the loan in that foreign currency. There are many businesses in India today that have exposure to foreign currency. Such businesses can take foreign currency loans. The loan can be given in US Dollars, Euros, or other currencies across the world.

There are various ways to get funding in foreign currency. For example, you can take foreign funding by mortgaging your property. Generally, businesses like the export/import business, against your Letter of Credit, BG (Bank guarantee), etc., to take exposure to the foreign currency. It can be taken as a term loan or as a cash credit.

foreign currency

Key Features of Foreign Currency Loan

international trade

Help to promote exports from India

interest rate

Lower Rate of Interest

flexible repayment

Flexible Loan Tenure

collateral

Exposure To International Funding

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Advantages of Foreign Currency Funding

  1. Exposure to a variety of debt instruments.
  2. Suits to hedge your international trade.
  3. Cheaper cost of borrowing is provided if the proper provisioning is done.
  4. No extra hedging cost.
  5. You can hedge against your business income/expenses.

Eligibility to Apply for Foreign Currency Loan

Having exposure to foreign funding is one of the crucial criteria when seeking foreign currency loans. To qualify for such a loan, it is essential that you earn, spend, or preferably both in foreign currency. By doing so, you will be well-positioned to conveniently obtain funding in the desired currency. However, if you lack exposure to foreign currency, it will prove inconvenient for you to repay the loan in the same currency. Therefore, ensuring exposure to foreign currency is paramount when considering a foreign currency fund.

Foreign Currency Loans at Terkar Capital

We are a leasing foreign funding facilitator that arranges hassle-free Financial Instruments for companies across India. At Terkar Capital, we will help you with the syndication of these foreign currency loans. Our executives are well-trained to speed up the procedure and assist in compiling the documents. Thus, we inform and guide clients throughout the process from the application to disbursement.

  • Critical analysis to check the feasibility of the foreign currency loan, so it should not burden you.
  • Arranging the best LIBOR rate
  • Experts assist in setting the process for the repayment of the foreign currency loan.
  • Experts assist in the hedging of the funds.
  • Arranging the best currency funding that suits your business growth.
  • Fast Turnaround Time.
  • Getting funds through an easy and less complicated process.

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Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

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