We owe a technical education college offering B.Arch, B.Tech, Bba, Bca, Gnm, and MBA courses approved by the Indian Council.
We are running the college for 4 years and now require some funds to repay to our existing banker and to allow for future expansions of the college.
The cash payback period starts in two years after the deal. The investment shall be paid back in ten years in yearly instalments.
The increased demand for and requirements concerning Higher education make it an attractive sector.
The Investor shall earn reasonable interest on his investment. There are many buyers of this project but we want to run it further. At present the project is capable enough to meet out its own expenses but we consider unfavourable the terms of the bank loan we have taken due to its high interest rate. Additional funding is required to square off the bank and to add some additional courses and buildings.
Lower rates of interest than the one the bank is offering can be easily covered by the college.
Our desire to grow is motivated by the positive experience of other colleges, many of which have made even 10-15 Colleges out of one in just 5-10 years.
The funding will be used for repayment to the Indian Bank and addition of some Courses and Buildings to our Campus.
The temporary slump in Technical education is the reason which makes it difficult to us to pay the higher rates of interests. The amount financed shall be returned within 2-10 years on equal instalments basis with interest. All titles are clear on all deeds to be morgaged.