Loan against Property (LAP)

Lending is not on net profit as per financials but considering industry margins whereby loan eligibility increases.
Flexible products based on turnover, liquid income profiles etc.
Can be availed in addition to your existing working capital limits without NOC & hypothecation of stocks & debtors. Rate of Interest, from 7.75% - 9%
Loan against your Commercial, Residential or Industrial Property
Loans in the range of 60-130% of market value of your property
Flexibility to opt for pure term loan or combination of Term loan +Overdraft or home saver loan
Tenure: 1 - 15 years
Lending in the name of FIRM / Company or individual
Turnover requirement: Minimum –3 Crores

BALANCE TRANSFER OF TERM LOANS & LOAN AGAINST PROPERTY (LAP) (Advantages)

Takeover of existing term loans & mortgage loans with higher loan amount over and above your existing loans.

Monthly repayments can be re-scheduled based on cash flows or product cycle.

Higher loan tenor is possible thereby reducing your monthly EMI outflow substantially.

Ballooning of term loan tenors wherein EMI’s can be structured such as EMI’s will be lower in the initial period & will increase thereafter.

Home Loans

A Home Loan is a loan taken to acquire a house property. The lender secures the loan by marking a lien on the house or property purchased with the loan. Typically, banks would fund to the extent of 80% of the registered value of the property. The loan may be at a fixed rate or at a variable interest rate or a combination of both.

Commercial Property Purchase loans

A commercial property purchase loan is a loan taken to purchase property for any type of business use. A commercial property loan can be used to expand or improve your existing business infrastructure. It helps the borrower to buy office premises or other property like a warehouse, godown, shop, industrial gala, etc.

Lease Rental Discounting (LRD)

Lease Rental Discounting (LRD) is a loan scheme offered by banks under which an applicant obtains loan against their leased property. The loan is provided to the lessor based on the discounted value of the rentals and the underlying property value. The agreement is between the borrower and lender and the major term of repayment is the rent being encashed to the leading bank account.

Equipment / Machinery Finance

We specialize in :

Equipment / Machinery Finance w/o additional collateral security
Equipment / Machinery finance on lease rental basis without any additional collateral security

Equipment Finance provides convenient and hassle-free structured products to procure the equipment / machinery that helps a business grow, be it technology up-gradation, capacity expansion, diversification, modernizations etc.

Types of Equipment’s

All types of heavy & light machinery / equipment’s.

Equipment such as boilers, heaters, captive power plants etc.

Textile Machinery.

Offset Printing Equipment.

DG Sets.

No additional security required as finance is against equipment purchased.

Advantages of Equipment / Machinery term loan

Helps preserve working capital and bank lines of credit.

Monthly repayments can be scheduled based on cash flows or product cycle.

Competitive Rates.

Equipment / Machinery will be on a lease from the bank / institution for tenure of 1-6 years.

Advantages of Lease rental equipment / machinery finance

No NOC required from existing working capital / term loan banker.

Will not get reflected in the company’s balance sheet whereby improving financial ratios. Will have effect of lease rent only in Profit & Loss account.

Option of buy back from the bank / institution after the lease period at fair residual value.