Collateral Medical Pvt. Ltd
USAID’s SAMRIDH initiative played a significant role in enabling us to get a working capital term loan at a time when the pandemic was at its peak and we needed to accelerate the supply of oxygen concentrators. The funding and the advisory services we received from SAMRIDH helped us to manage our cash flow better. We were able to save on operational costs and utilized the savings to provide cash collateral to an impact investment firm to secure a working capital term loan. The funds raised, enabled us to fulfil the immediate orders of oxygen concentrators and has also set us on the path to increase our offerings in the healthcare vertical and deliver transformative impact in the society. We look forward to continued support from the SAMRIDH team in the form of blended finance solutions in the near future.