A RBI-registered NBFC – Non Banking Financial Company that intents to cater the needs of financial developers, Pune-based Prachay Capital has set to build strategic collaboration with Knest, prominent Aluform manufacturer to launch ground-breaking financial solutions.
This significant move composed to redefine the landscape of real estate banking.
The partnership move between Knest & Prachay Capital comes as a significant advantage to the real estate sector, especially in the Pune region, where high-capital required projects go through several challenges in raising an on-time funding.
Also, this collaboration of Knest & Prachay Capital indicates a thriving scenario for both the developers & manufacturers. Now, Knest can offer its consumers with high-class payment services, whereas manufacturers & developers get profit from adaptable payment options & reduced financial stress the during the project commencement.
Expressing to this significant partnership, Girish Lakhotiya, CEO, Prachay Capital, states, "We are excited to pioneer innovative financing solutions tailored to the evolving needs of the real estate sector. Our collaboration with Knest underscores our commitment to driving positive change and facilitating growth in the industry."
Considering the vital role of Aluform in the project finances & the deficiency of committed financial options in real estate, Prachay Capital has launched two unique products such as ELF - Equipment Lease Finance & EPF - Equipment Purchase Finance. These products lessen the limitations in cash flow for developers by providing flexible & timely payment programs, therefore permitting seamless project execution.
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