Private Funding in Mumbai 1Cr to 50Cr on LAP (General)
Loan against property From Private finance in Mumbai.
Above 1crores to 50crores.
Note - Its private finance so Fund need to arrange as its political funding. So funder charge 1.5% to 3% of Loan amount in Advance.
Terms -
1) Rate of Interest - 9% to 12%
2) Tenure - 3 years to 5 years
3) Amount - 50% of Property value
4) Property - NA Land and constructed title clear properties.
5) Process Time - 45 Working days
Documents required -
1) Company profile
2) 3 years Audited Balance sheet
3) 6 months bank statement
4) All property papers with latest legal search and latest valuation report.
5) Project report
6) Repayment schedule for 5 years
Contact in Mail - [email protected]