Short Term Finance
Meridian Finance provides short term financing that includes commercial papers, promissory notes, asset-based loans, repurchase agreements, letter of credits etc. The maturity period is one year or less will be for a specific payment schedule.
- Financing to accommodate any short term fund requirements for smooth running the business.
- Tenure up to 12 months.
- Equal monthly/quarterly installments. In specific case monthly interest payment and principal payments will be at the maturity considering business cash flow.
N.B: Any changes/waiver will be at discretion of Management of Meridian Finance.