How Protium’s Loan Against Property Drove 5900% Growth
Bengaluru-based PSR Enterprises, founded by Mrs. Rajamma and Mr. Ravindra Reddy Patil, built a thriving business across PG accommodation, catering, and wholesale hardware, operating 11 PGs across the city. However, the COVID-19 pandemic brought their business to a standstill, reducing operations to just one functional PG during the lockdown.
As work-from-home continued even after restrictions were lifted, the business faced prolonged financial stress. Traditional funding channels offered limited support, making survival and revival a challenge.
This is when Protium stepped in.
After reviewing a clear revival plan, Protium approved a ₹3 crore Loan Against Property (LAP) with a fast, transparent process and quick digital documentation. The timely funding helped PSR Enterprises reinvest, restart operations, and revive their PG portfolio.
With business performance improving rapidly, PSR Enterprises not only fully repaid the first loan but also returned to Protium for expansion funding. Based on their strong track record, a second LAP of ₹2.8 crore was approved, enabling the purchase of a new property and further business expansion.
Today, PSR Enterprises stands as a powerful MSME success story — achieving an extraordinary 5900% growth after recovering from near-total shutdown.
This story highlights how customised MSME financing and Loan Against Property solutions can help businesses recover, scale, and build long-term assets.
📍 Location: Bengaluru, Karnataka
💼 Industry: PG Accommodation, Catering, Wholesale Hardware
💰 Protium Product: Loan Against Property (LAP)
If you are an MSME looking to revive, expand, or unlock growth capital, Protium’s tailored business loan solutions can support your journey.
🔗 Visit: https://protium.co.in/visit-us/
📞 Call: 882 882 0004
📧 Email: [email protected]
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