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How to Apply for Financing
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NEDFi offers a wide
variety of financial products to
finance viable industrial, infrastructure, agro-horticulture, fishery
and animal husbandry projects in the North East of India.
In order to be
eligible for NEDFi financing, a project must meet a number of NEDFi
criteria:
- The project must be located in the North
East of India.
- It must be financially and
economically viable.
- It must be technically sound.
- It must benefit the local economy.
- It must be environmentally and
socially sound.
A company or entrepreneur,
seeking to establish a new venture or expand an existing enterprise
can approach NEDFi by submitting a Preliminary Project Proposal. After
this initial contact and a preliminary review, NEDFi may proceed by
requesting a Detailed
Techno-Economic Feasibility Report or Business Plan to determine
whether or not to appraise the project.
The proposal can be
submitted to NEDFi's Branch Offices nearest
to the project location at the respective states or to NEDFi's offices
in Guwahati.
NEDFi provides a wide
variety of financial products and
services to its clients and can offer a mix of financing and
advice that is tailored to meet the needs of each project.
Like other private sector investors and
commercial lenders, NEDFi:
- Invests in commercially viable
projects.
- Seeks profitable returns.
- Prices its Interest rates with the
market.
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