Loan Against Property
When you are running a business, you never really know for certain, if you need any extra money to expand for its growth. To fulfill the new business opportunities, you can always avail Loan Against Property.
Yes, SME entities can opt for a Loan Against Property, a term loan which t is backed by property in order to finance a host of requirements like business expansion, fixed asset acquisition and any other long-term business requirement.
At The LoanWala.com, we make the best Loan Against Property options from the most trusted Financial Institutions, accessible on a single platform so that you can compare them, and choose the Best Deal suited for your need.
- Use the Eligibility Calculator to learn your eligibility. It’s quick, simple and also provides you access to information about the Best Deals or the lowest interest rates.
- Gain the advantage of comparing offers that have been specially customized for you and then apply for the most suited offer.
- Once you have applied for the loan, the application will be sent to the Financial Institution of your choice, thus saving your time and resources involved in visiting a bank or NBFC or doing paper work.
- The LoanWala.com will also keep you updated about the loan status via your personalized account page, email, SMS or calls.
- Apart from giving you Best Deals from loan providers, you also have the opportunity to win amazing prizes and coupons if you refer a friend or a relative to The LoanWala.com.
Businessmen can opt for flexible loan eligibility
Businessmen can opt for loan amounts that range from Rs.5 Lakh to Rs.25 Crores
Loans can be availed off against residential as well as commercial properties
Needs like Debt Consolidation, funding of existing business, education and emergencies can all be met
Availability of Flexible loan offerings, as Overdraft Facility or EMI based loan
Flexibility to choose a loan tenure that suits you for ease of repayment
At The LoanWala.com, we care about how you manage your money, and therefore, we request you to note the following points before you avail the loan, so that you can make the right choice.
Check the Interest rates and other service charges like processing fee, prepayment charges, foreclosure charges as indicated by the providers
Your CIBIL Credit Rating Score and credit history, a high CIBIL Credit Score with no default on payment can help you get approvals quickly and / or lower interest rates / charges
Generally, you can borrow up to 70% of the property value, however it may vary depending on the policies of the Financial Institution that you have chosen.
Generally, you can borrow up to 70% of the property value, however it may vary depending on the policies of the Financial Institution that you have chosen.