11/07/2015
Debt Services refers to any type of borrowing under which the borrower is obliged to make payments of a fixed amount on a fixed schedule. TWCC, under this category has financial models devised to cater to various consumer related segments along with financial needs of Small and Medium business enterprises. When planning for this segment, the challenges faced are,
* Finding appropriate source as the Individual or SME business may not have enough documentation or security or both.
* Analysing and providing the best financial plan as the requirement, repayment capacity and financial condition vary for every case.
* Futuristic assessment is required of both financial market and individuals earning capacity for assisting the borrower in reducing debts, making re-adjustments and aiding in early repayment.
* Offering idyllic plan presenting finest advantage, but in a hassle free and timely manner.
* Apt risk scrutiny to conserve the financial stability of borrower, as they may not have huge back up.
All these challenges require great expertise and also wide network of financial institutions both nationally and internationally, which is the case with TWCC...