Investing in a commercial property can prove to be advantageous in innumerable ways. You can always offer it on lease and earn a decent rental income every month. Moreover, you can monetize these rental receipts to avail a significant line of credit. Lease rental discounting is a term Loan you avail by pledging rental receipts as collateral.
As you are providing collateral for receiving loan, it becomes a secured line of credit. You can easily repay the loan amount in Equated Monthly Instalments (EMIs) as per your affordability. This makes the financing option simple and flexible.
There is no end-use restriction. Whether you plan to upscale your production or require financing to set up a new retail store or wish to pay off existing debt, you can do it all by applying for Lease Rental Discounting.
Loan Against Rent Receivables (LARR) empowers you to use your rentals cash flows at your advantage. Fulfil your professional or personal loan requirement against your rent receivables.
Get upto 50% of the value of your commercial property as loan against rent receivables. Amount depends on net rentals, balance tenure of rental agreement & other factors.
Refer to Documents Checklist.
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