What is Financial & Operational Resiliency?

Financial & Operational Resilience is the ability of firms to absorb and adapt to distresses in the economy and build continuity for critical economic functions.

How can a business build Financial & Operational Resilience during the COVID-19 crisis?

During the COVID-19 situation which has affected the global economy, businesses need to get the FOR-EP report and decide on the next move to get your business back in shape.

How long will it take to generate reports for Financial & Operational Resilience?

If all the documents are in order, InCorp can provide the FOR-EP report within 3 to 5 working days and carry out a discussion with you.

Will it cover guidance on RBI reliefs for moratorium?

InCorp works closely with leading banks and NBFCs across India and will guide you on the best possible relief available as per RBI directives from your lenders.

What are the business opportunities available from Operational Resilience?

Businesses can generate synergies across business strategies, reduce financial and operational risk, enhance customer trust and be positioned for new moves in the business. This helps companies to allocate resources more efficiently.

Debt Management - InCorp Advisory

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COVID-19 Resources

MSME Suite By In.Corp

While taking care of our family’s health and safety is important to all of us, it is just as important to us at InCorp to take care of your company’s financial health and business interests. We are dedicated to helping you to reassess your business operations with a view to not just survive through these trying times but to seize the opportunity to flourish and also tap into the remedies available as the government unveils more soon.

What Can One Expect On The Restart Of Businesses Post Lockdown?

COVID-19 (Coronavirus) is having an unprecedented and devastating impact on businesses. Travel restrictions disrupted supply chains, subdued demand and labor issues have unsettled the businesses.
It will lead to the following-

Lesser Demand and Supply
Employee lay-offs
Default and/or renegotiation of contracts
Liquidity issues thereby severely impacting cash flows
Delays in servicing of Debt
Working capital finance being blocked and new finance being difficult

What Are The Impacts Of This On Businesses?

Most businesses (particularly MSMEs) are vulnerable whenever normal economic activity ceases, despite governmental interventions to limit economic upset.
Several business entities would be grappling with –

Declining profitability
Poor/negative cash position
Delays in receivable liquidation
Falling DP position and blocking of working capital limit
Difficulty in meeting term debt EMI obligation
Increased scrutiny by lenders

How Should One Tackle This Situation?

A proper financial plan is a prerequisite in this time of crisis. As we navigate these complexities together we can assist you in preparing and executing a robust plan which will take care of your cash flows freeing your mind to concentrate on your business. We have formed a specific team of expert advisors who would devise a custom plan for your business after studying the specific challenges facing your business.

What If One Was Already Having An Overdue Emi Prior To The Lockdown?

An interesting scenario arises in case of the already stressed accounts which were overdue prior to the lockdown. The otherwise available 90 day period before being classified as NPA by the financial institution has shrunk as the lockdown has prevented the economic activity and thereby the generation of funds to honor the repayment obligations. The RBI has clarified that the lockdown period would be excluded in the calculation of 90 days period for the calculation of the NPA.

How Can InCorp Help You?

We have started a series of emails whereby regular updated information/announcements and analysis thereof along with financial implications of the lockdown & COVID-19 on the business and strategies for the mitigation of these challenges are being shared.

Further InCorp Can Assist You In Debt Management As Follows-