{"id":14608,"date":"2023-05-17T15:21:35","date_gmt":"2023-05-17T09:51:35","guid":{"rendered":"https:\/\/redfortcapital.com\/?p=14608"},"modified":"2025-07-15T21:05:14","modified_gmt":"2025-07-15T15:35:14","slug":"sbi-loan","status":"publish","type":"post","link":"https:\/\/redfortcapital.com\/hi\/sbi-loan\/","title":{"rendered":"SBI lends Rs 200 million to Red Fort Capital to boost \u201cQuick Business Loan\u201d portfolio"},"content":{"rendered":"
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SBI lends Rs 200 million to Red Fort Capital to boost \u201cQuick Business Loan\u201d portfolio<\/h1>\r\n <\/div>\r\n <\/div>\r\n \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Media Coverage<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Mumbai, 16th January 2023<\/strong>: Red Fort Capital Finance an Investment Grade Non-Bank Finance Company, specializing in providing Quick Business loans to MSME\u2019s announces that \u2013 the State Bank of India has sanctioned it a term loan of Rs 20 crore. The company will use the funds for onward lending to the country\u2019s MSME\u2019s \u2013 over a Rs 40 trillion credit opportunity.<\/p>

Red Fort Capital NBFC typically finances Rs 10 million to 100 million Business loans to MSMEs in under \u201c7 days\u201d (TAT). Red Fort Capital Finance has been helping Micro, Small and Medium Enterprises by processing secured business loans \u2014 for working capital, equipment and machinery purchases. The Industry focus of the loans is \u2013 manufacturing, logistics, FMCG, IT, textiles, EPC, education, and industrial parks.<\/p>

\u201c<\/span><\/b>MSME lending plays a vital role in the Indian economy. Timely business credit to capitalize on time-sensitive opportunities is essential to them, which explains the huge demand for our\u00a0<\/span>\u0924\u094d\u0935\u0930\u093f\u0924 \u092c\u093f\u091c\u0928\u0947\u0938 \u0932\u094b\u0928\u00a0<\/span><\/i>product. We are thankful to SBI for being our 1st<\/sup>\u00a0lending partner in our growth journey, showing immense faith in the team, and our underwriting process.\u00a0<\/span>This term loan by SBI underscores that India has strong business fundamentals and poor Business credit penetration. With the Business Credit demand rapidly accelerating. Red Fort estimates that the credit penetration will 3x in the next decade. Red Fort Capital remains committed to participate in business loans in a meaningful way with its fast-growing NBFC and our commitment to a multi decade investment thesis\u201d<\/b><\/span>\u00a0– said\u00a0<\/span>Parry Singh, CEO of Red Fort Capital Finance.<\/span><\/b>\u00a0<\/span><\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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To learn more and apply online, please Click Here or call\/WhatsApp at 9167333678<\/a><\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

SBI lends Rs 200 million to Red Fort Capital to boost \u201cQuick Business Loan\u201d portfolio Media Coverage Mumbai, 16th January 2023: Red Fort […]<\/p>\n","protected":false},"author":11,"featured_media":6347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-14608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"yoast_head":"\nSBI Funds \u20b920\u202fCr to Red\u202fFort\u202fCapital NBFC for MSME Lending<\/title>\n<meta name=\"description\" content=\"Red Fort Capital NBFC typically finances Rs 10 million to 100 million Business loans to MSMEs in under \u201c7 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