Ticket Size: ₹15 Crore – ₹100 Crore+
Project Finance & Construction Debt Syndication
Large-Ticket Infrastructure, Industrial Greenfield & Commercial Project Debt from ₹15 Cr to ₹100 Cr+
Executive Overview
Project Finance is a non-recourse or limited-recourse debt structure where loan repayment is serviced from the project's future operational cash flows. CreditCares acts as chief financial advisor for heavy capital initiatives across Mumbai, Thane, Navi Mumbai, Kolkata, Asansol, and Gujarat, managing consortium formation, TEV agency coordination, and milestone-linked debt drawdown.
Target Borrower Profiles
- •Commercial Real Estate developers erecting Grade-A IT parks, malls, and business centres
- •Industrialists setting up greenfield manufacturing plants, cement, steel, or chemical units
- •Logistics & Warehousing park developers constructing Grade-A pre-engineered buildings (PEBs)
- •Renewable energy developers (Solar, Wind, Bio-CNG) and EV charging corridor creators
- •Hospitality groups building 4-star / 5-star hotels and integrated convention centres
Underwriting & Eligibility Metrics
| Evaluation Metric | Standard Requirement |
|---|---|
| Promoter Equity Contribution | Minimum 25% to 35% promoter capital contribution in form of paid-up equity or unsecured subordinated debt |
| Land & Environmental Clearances | 100% undisputed land possession with CLU (Change of Land Use), MOEF/Pollution clearance |
| Feasibility Metrics | Project IRR > 16%, Average DSCR > 1.50x, Sensitivity clearance against 10% cost overrun |
| Off-Take Visibility | Letters of intent (LOI), power purchase agreements, or established client distribution channel |
Financing Benchmark
Indicative Rate:8.75% – 11.50% p.a.
Maximum Tenor:7 to 15 Years (including Construction Moratorium)
Min – Max Ticket:₹15 Crore – ₹100 Crore+
WhatsApp Advisory DeskRequired Documents
Project Reports & Engineering Files
- • Comprehensive Detailed Project Report (DPR) prepared by recognized technical consultancy
- • Techno-Economic Viability (TEV) study with sensitivity testing on price and volume fluctuations
- • EPC (Engineering, Procurement, Construction) contracts, vendor machinery proformas, and civil bills of quantity (BOQ)
- • Detailed PERT/CPM charts and implementation schedule for milestone tracking
Land & Statutory Approvals
- • Land title ownership deeds, industrial zone notification, mutation records, and site survey maps
- • State Pollution Control Board (Consent to Establish - CTE) and Environmental Clearance (EC)
- • Electricity, water connection consents and local municipal industrial building sanctions
Financial Modeling & Promoter Proofs
- • Integrated financial model with 10-year P&L, balance sheet, cash flow, and debt amortization schedule
- • Past 3 years audited statements of promoter group entities and net worth certificates
- • Source of equity proof (bank statements, internal accruals, strategic investor agreements)