API and formulation manufacturers run two businesses at once: a chemical process business with real working-capital intensity, and a regulated quality operation where a single audit finding can close a market.
Most mid-size units in this sector are funded expensively and informally. Promoter loans, supplier credit, and short-term borrowing cover a cash-conversion cycle that a properly structured banking facility would fund at a fraction of the cost — but the books are rarely clean enough for a bank to underwrite.
We clean the financials, renegotiate and restructure the banking limits, and put in the costing and quality-linked reporting that makes the business fundable at institutional rates rather than informal ones.