Evam exists for the SMEs behind India's climate assets.

The manufacturers, contractors, developers and operators who put up the plant, run the fleet, or handle the waste. They are too large for automated small-ticket credit, and too small for the way corporate banking reads a file.

Venture capital wants rapid growth. Banks want hard collateral and a long track record. These businesses usually offer something else: contracted cashflows on equipment and offtake — an order, a plant, a repayment over three to five years. What matters is whether they can execute and whether those contracts will pay.

Evam assesses that. It lends from its own balance sheet first. For larger requirements it brings in partner institutions. When a builder is ready to sell, it matches the asset with an owner who wants to hold.

What Evam is

• The NBFC. Evam Finance Private Limited is a Non-Banking Financial Company registered with the Reserve Bank of India (NBFC-ICC, Base Layer, non-deposit taking). Lending sits here.
• EF Advisors. EF Advisors Private Limited, the holding company of Evam Finance, houses mobilisation and Asset Markets. The assessment does not change.
• The people. Three executive directors who have run risk, project finance and treasury inside Indian banks and NBFCs. A six-member board of people who have built and scaled institutions. The institutional shareholder is named on the leadership page.

How we assess

Every proposal — own book, mobilised facility or Asset Markets match — is read the same way: the cashflows, the contracts and the assets. The work is done by people who have underwritten institutional credit across market cycles.