Pharmaceutical, Medical & Healthcare
Thirty years ago, the pharmaceutical industry in India used to be non-existent. Now, India has evolved to be a world leader in terms of production of high quality, low cost generic drugs, having an annual growth rate of 14%. The factors that drove the surge in production are legislative reforms, growth in contract manufacturing and outsourcing, and India’s mastery of reverse engineering of patented drug molecules. Healthcare has also become one of the country’s largest sectors both revenue and employment-wise. It is continually growing a brisk pace due to India’s strengthening coverage and increase in public and private expenditures.
Why loan for Pharmaceutical, Medical & Healthcare Industry?
A huge bulk of the players in the pharmaceutical production firms are small players. There are about 5,700 small firms that primarily perform contract manufacturing services for domestic units. For mid-sized players, there are around 200 units who have limited investment capabilities. As for the largest firms, there are only about 100 of them who are wholly-owned Indian firms, have brand recognition, and are engaged in research and development capabilities.
Is Pharmaceutical, Medical & Healthcare Industry finance for you?
In order to be a recognized healthcare center, the firm must comprise of a hospital, medical devices, health insurance, and medical equipment – all of which can be very difficult to obtain for the small and medium enterprises (SME). Having the means to finance all these can be hard if a firm lacks the capital. It would also be very challenging to apply for a loan due to the lack of adequate collaterals. To solve this problem, the best approach is to do a pharmaceutical, medical & healthcare loan through Intec Capital.
How can I get a Pharmaceutical, Medical & Healthcare loans?
If you’re an SME owner anywhere in India, Intec Capital Limited is your answer. It is very easy to obtain a loan with us here at Intec capital by the following this simple procedure.
- Please let us know your requirements and we will get back to you.
- Provide all the required business registration documents for verification by our loan officers.
- Await approval of your loan.
Why choose Intec Capital?
Intec Capital Limited is a leading Non-Banking Financial Institutions in India and specializes in financing small to Medium Enterprises like yours with a pan-Indian reach and 137 SME clusters nationwide. There are many reasons why we are most preferred SME finance provider to most Indian entrepreneurs:-
- We require minimum number of documents for them to process a loan.
- Fast turnaround in processing loan requests.
- Offers unsecured loan with no need of collaterals.
- We offer loans to purchase both imported and local machines.
Benefits of Intec Capital
The following are the benefits of choosing Intec Capital to provide the SMEs with their pharmaceutical, medical & healthcare loans:
- Minimum and easy documentation.
- Quick processing of the loan request.
- Loans that are collateral free.
- Dedicated facilities for domestic and imported machines.