Red Fort Capital provided ₹8 Cr of working capital financing within ten days to New Jai Shankar Transport.
New Jai Shankar Transport company had worked with multiple lenders in the past, they had to approach Red Fort Capital due to requirement of funds in a very short timeframe, which only Red Fort Capital could provide.
Loan Amount: ₹ 8 crores
Type of loan: Working Capital Loan
Location: Jaipur, Rajasthan
New Jai Shankar Transport Company has supported India’s Cement, Zinc, Steel, and Petro-chemical industry leaders by transporting raw materials and finished goods over the last 35 years. The company operates a fleet of over 800 heavy vehicles.