Lease to Liquidity: Funding Your Future with Ease.!
Features
Purpose
Security
Eligibility
Interest Rate
Features
Repayment: Equal to or less than expiry of lease term.
Processing Charges:
For Loan Up to Rs.10 Lakh
Only 1% Processing Charges + GST at the applicable rate.
For Loan Above Rs.10 Lakh
Only 0.50% Processing Charges subject to Min.10,000/- & Max. 1.00 Lakh.
Pre-Payment Charges: 2% of Outstanding loan amount at the time of closure (If taken over).
Purpose
Immediate Cash Flow: To provide businesses with quick access to cash by converting future lease payments into immediate funds.
Working Capital Enhancement: To improve a business’s liquidity, allowing it to manage day-to-day expenses, invest in opportunities, or cover unexpected costs.
Security
Leased Property: The property generating the rental income can be pledged as collateral.
Lease Agreement: A legally binding, long-term lease agreement with a reliable tenant serves as security.
Personal Guarantee: Personal assets or guarantees from the borrower may be required.
Eligibility
Stable Lease Agreement: The borrower must have a legally valid, long-term lease agreement with a reliable tenant.
Steady Rental Income: Consistent and verifiable rental income from the leased property is essential.
Legal Compliance: All lease agreements must be legally compliant and free from disputes.
Interest Rate
Current Rate of Interest –08.00% P.A.
following Rate of Interest as per Security:
Security value > 150% – 8.50%P.A.
Security value < 150% (Up to 100%) – 9.00%P.A.
(Borrowers credit worthiness & assessment based on Credit Policy Norms).
