1. Borrower profile & initial credit bottleneck

  • The four short-term unsecured loans created a crushing combined monthly EMI of ₹19.10 lakh, pushing the firm's FOIR to 82% and starving raw-material working capital.
  • Two of the three contiguous industrial galas had internal partition walls removed without updated society/municipal regularisation drawings, causing standard technical valuers to flag a layout deviation.
  • Because existing EMIs consumed 82% of cash flow, automated credit engines rejected a fresh LAP application on high existing obligation ratios.

2. How the file and cash-flow waterfall were structured

  • Structured the sanction explicitly as a Debt-Consolidation LAP (where the lender issues pay-orders/DDs directly to close the four unsecured NBFC loans, excluding their ₹19.10 lakh monthly EMIs from post-sanction FOIR).
  • Obtained a structural stability certificate from a licensed structural engineer and society amalgamation NOC for the three contiguous galas, clearing technical valuation at ₹15.40 crore.
  • Secured ₹9.50 crore at 9.65% p.a. over 15 years (62% LTV): ₹6.20 crore went directly to extinguish all four unsecured loans and ₹3.30 crore funded new 6-colour offset machinery — while total monthly EMI dropped from ₹19.10 lakh to ₹10.00 lakh (saving ₹9.10 lakh/month in cash flow).

3. Before vs. after sanction comparison