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Mounting consumer debt has been one of the glaring reasons for the recent economic slowdown. Organizations are not safe and suffer from debt overhang—a situation where in an organization that has existing debt so great that it cannot easily borrow more money. This remains a serious issue across industries and one that is often underreported. Quite understandably, unmanageable debt hampers organizational growth in the long run. In such a situation, companies need to rely on professional debt management companies that can help them wade through their debt pileups and keep expenses under control. Sam Management Services Pvt. Ltd. was incorporated in Feb 2011 to help corporate borrowers and entrepreneurs meet their funding requirements. S. Sampathkumar, Founder, Sam Management says, “The prime motto behind forming the company is to help clients manage their existing financial burdens and meet current fiscal requirements, with utmost professionalism.”A fellow of the Institute of Chartered Accountants of India, Institute of Cost Accountants of India and the Institute of Company Secretaries of India, S. Sampathkumar has immense experience in working with big corporate as well as with small and medium borrowers in providing funding services. Having worked in the industry for more than three decades, he is well aware of the prevailing challenges: monetizing the large asset banks and collaterals, receiving eligible credit at an optimized cost and the process involved in switching to an alternate debtor so as to enhance the services, minimize the cost and ensure better security management. To address these issues and help clients improve their external credit ratings, the company conducts a thorough due diligence, prepares presentations and structures their financial as well as funding requirements.
Sam Management provides comprehensive end-to-end solutions for raising
debt from banks, financial institutions or other non-banking financial services. Services cover understanding the customers’ business model & revenue streams, evaluating the financial performance, understanding the nature of business and industry requirement, validating the incremental fund raising requirements, undertaking due diligence and preparing a comprehensive information memorandum. Additionally, the company builds financial projections, shortlists potential banks or lenders, handles the processing & sanctions and assists in preparing documentation related to valuation and legal processes as well as takes care of final disbursement & compliance. The company also files relevant ROC forms and submits charges on behalf of the client.
Sam management’s competency lies in a strong professional team of Chartered accountants, Cost accountants and Ex Bankers , working as a cohesive team, good at providing end to end solutions. “We take up entire assignment and correlate our success with client’s success, achieved with their utmost satisfaction,” adds S. Sampathkumar.
During its initial years this Chennai based company stumbled while establishing itself. Although, by recruiting several experienced finance professionals and retired bankers it established its foothold in the industry. Today, the company serves across diverse segments including logistics, healthcare, hospitality, Pharma, NBFCs, sugar, FMCG, steel, real estate, infra & energy and food processing. Professionalism, quick delivery model and optimized cost helped the company overcome all the barriers and come this far.
In the next two years, the company intends to establish offices in Hyderabad, Vijayawada and Bangalore. It also plans to setup office in Mumbai to manage private equity placements. S. Sampathkumar explains, “We are waiting for the imminent Indian growth story to unfold. With the government’s ‘Make in India’ plan already taking shape on the ground, we are very optimistic about our future”.
Sam Management provides comprehensive end-to-end solutions for raising debt from banks, financial institutions or other non-banking financial services
Sam management’s competency lies in a strong professional team of Chartered accountants, Cost accountants and Ex Bankers , working as a cohesive team, good at providing end to end solutions. “We take up entire assignment and correlate our success with client’s success, achieved with their utmost satisfaction,” adds S. Sampathkumar.
During its initial years this Chennai based company stumbled while establishing itself. Although, by recruiting several experienced finance professionals and retired bankers it established its foothold in the industry. Today, the company serves across diverse segments including logistics, healthcare, hospitality, Pharma, NBFCs, sugar, FMCG, steel, real estate, infra & energy and food processing. Professionalism, quick delivery model and optimized cost helped the company overcome all the barriers and come this far.
In the next two years, the company intends to establish offices in Hyderabad, Vijayawada and Bangalore. It also plans to setup office in Mumbai to manage private equity placements. S. Sampathkumar explains, “We are waiting for the imminent Indian growth story to unfold. With the government’s ‘Make in India’ plan already taking shape on the ground, we are very optimistic about our future”.