An exporter had over 50 EDPMS bills reflecting against their IE Code erroneously
Customer had been following up with the AD bank for a year to rectify and bank was taking its time
We supported the client by corresponding with the bank and escalating at necessary levels to get the same expedited, ensuring the rectification in records
This enabled the customer as they could focus on their business growth and knowing the issue would be resolved
Client was looking to raise funding for their established business
The company had a dip in business in the last 2-3 years causing pressure on their liquidity and banking relationships
This led to the promoter having to invest more money to meet working capital requirements
We helped company in getting limits sanctioned and disbursed through the bank
The company’s liquidity is improving and the promoter can now focus on raising capital for capex requirements as working capital is taken care of