Every company has a distinct structure. Its operations, financial requirements, and everything else change in response to the industry and the company's stage of development. 

At some point, a company cannot raise funds without security. As a result, Collateral becomes an integral part of the debt capital-raising process. However, what if the company's turnover exceeds Rs. 500 crores and it requires a working capital facility or expansion fund of Rs. 100 crores or 150 crores? In this case, a structured debt fund is used.