Infrastructure Financing
Asset backed funding for construction and metrial handling equipmentsWith increasing thrust on Infrastructure development, we entered asset backed funding for purchase of construction equipments and material handling equipments. Here again we were the fore-runner in entering this Commercial Finance business and command a respectable position in the finance fraternity. We have a market share of over 12 % in this asset space.
With the boom in infrastructure industry, this segment is a crucial component of our business.
FIRST Group caters to all types of Infrastructure Financing - Fund based products and Non fund based products. Fund based products to purchase equipment or fulfill requirement of working capital. Non fund based products include bank guarantees, import LC, buyers credit, forex derivatives and corporate advisory services.
Each customer also has the advantage of our banking and investment products ensuring all his financial needs are catered to through us.