NIBL Ace Capital’s Advisory Services – The New Avenue
Tue, Apr 12, 2022 3:54 PM on Featured, Stock Market,
NIBL Ace Capital is strategically increasing its corporate advisory services by providing comprehensive financial and strategic advice to clients with complex business needs. The capital through its strategic partnership with a range of companies and BFIs aims to find equity and debt partner for its clients aggressively to allow small & medium business owners the opportunity to build and expand their operations.
As Nepal’s economy continues to recover and business is improving after the impact of COVID-19 crisis all over the World, which had a significant impact on Nepal as well. In order to meet the growing demand for commercial space, NIBL Ace Capital’s corporate advisory services will allow the business to have adequate resources and know-how to cater to their needs.
SMEs and diverse businesses often find it cost-prohibitive and lack knowledge to meet the industry requirements like technology, infrastructure, marketing, human resources, etc. when establishing a new business. Satisfying these prerequisites can cost a typical small business somewhere between NRs. 2 Million and NRs. 20 Million creating a very real barrier to entry, while doing business.
“Far too many otherwise-qualified diverse businesses are prevented from securing a round of investments, be it equity or debt,” says CA Sachindra Dhungana, Deputy General Manager at NIBL Ace Capital. “We’re proud to be associated with Nepal Investment Bank, and other corporate partners to create an industry-wide solution that will remove common obstacles to doing business, and contribute to building generational wealth in diverse communities across the country.”
The capital’s commitment to its service has already helped transform multiple ideas into a successful business. Mr. Dhungana said, "We are grateful for our robust team of professional staff and corporate partners as we help entrepreneurs to develop the business which helps them to take their ideas from their brain to a successful venture across the country and beyond."
To date, NIBL Ace has successfully raised equity above NRs. 1,384 Million & debt above NRs. 30.08 Million and is in the process to raise equity above NRs. 300 Million & debt above NRs. 500 Million as part of its corporate advisory services. These services will allow businesses access to the must-needed fund to accelerate the growth of the businesses, reducing barriers for entrepreneurs with limited means & resources. The funds raised by the capital helped to create or maintain ~250 good jobs, increase the number of profitable vendors by 70 percent and increase the small business revenue by 25 percent.
"NIBL Ace Capital is a beloved symbol of trust, professionalism and a powerful resource for creating economic opportunity, particularly for small business owners. Our vision is to enable the entrepreneurs to start with an idea that turns into a successful business which eventually goes public through IPO,” said Mr. Dhungana. Funding provided and raised by NIBL Ace Capital has allowed entrepreneurs from various sectors ranging from Energy, Agriculture, and Manufacturing to E-commerce, Education, Medical, and Hospitality, to pave the way forward for expansion and be a source of inspiration. NIBL Ace Capital through its advisory services helped various companies that went public through IPO and currently have a strong pipeline of companies waiting to go public.
NIBL Ace is combining its philanthropy and business expertise to address some of the country’s biggest economic challenges which include boosting small business opportunities. According to MoF (2016) SMEs contribute 22% to the Gross Domestic Product (GDP) and employ around 1.7 Million in the country, providing these businesses with what they need to thrive—like greater access to capital and business assistance—allows them to grow, hire locally and further contribute to the country’s economic recovery.
NIBL Ace Capital’s Management continues to invest heavily in technology, top talent, and resources to offer exceptional support for its advisors and clients. These initiatives include the new concierge service which offers personal, on-demand assistance to help advisors better serve clients.
“I’m confident the future of this industry is bright with professional advisors leading the charge. Their commitment to helping their clients grow their wealth is awe-inspiring and I am proud to have them on our team,” said Mr. Dhungana.