What is NPA Takeover?
NPA (Non-Performing Asset) Takeover refers to the process of acquiring or restructuring a loan account that has become a non-performing asset due to non-payment or default. In such cases, new lenders or investors take over the debt and restructure it to help revive the borrower’s business or settle the dues with more flexible terms.
At Evergreen Global, we specialize in facilitating NPA Takeover and Resolution for SMEs, MSMEs, and corporate entities. We work closely with banks, NBFCs, and ARCs to negotiate viable settlements, offer takeover funding, or restructure existing debts to bring businesses back on track.
Why Opt for NPA Takeover?
- Helps avoid legal actions like SARFAESI or DRT proceedings
- Improves credit history through structured repayment plans
- Chance to restart or restructure your business
- Alternative to asset seizure or liquidation
Who is Eligible?
- Businesses with defaulted loans classified as NPA
- Borrowers under SARFAESI/DRT or on the verge of becoming NPA
- MSMEs seeking revival through restructuring
- Borrowers with viable business operations and repayment potential
Documents Required
- KYC Documents of Borrower
- Loan Sanction Letter and Repayment History
- NPA Classification Letter from Bank
- Financial Statements of Last 2–3 Years
- Collateral Details (if any)
- Business Revival Plan or Project Report
Let our expert team assist you in restructuring your debt and regaining control of your business. Reach out to us today to explore your options.