What is a pharmaceutical business loan?

A pharmaceutical business loan is a financial product designed to meet the needs of individuals or entities operating in the pharmaceutical sector.

Purpose of the Loan

• Working Capital: To take care of day-to-day operating expenses like employees' salaries, shop rentals, electricity bills, transportation, and other overhead costs.
• Inventory Purchase: To procure raw materials, excipients, packaging materials, and finished formulations like tablets, capsules, syrups, injectables, etc., in bulk quantities.
• Business Expansion: To open new manufacturing units, warehouses, and retail outlets; acquire new equipment and machinery; renovate or extend existing premises; venture into new markets and geographies.
• Equipment Upgrade: To invest in hi-tech machinery, automated systems, testing labs, and quality control systems that improve productivity, efficiency, and quality.
• Marketing & Promotion: For activities like branding, advertising, digital marketing, hiring sales teams, launching and promoting new products, and medical camps.

Highlights of the Loan

• Effective in bridging financial gaps
• Supports business growth across the pharmaceutical value chain
• Customisable repayment options
• The process is transparent and quicker