Short-term finance solution for long-term success
Our inventory funding loan can provide you with the funds required to get improved acquisition deals and a healthy amount of disposable finances for non-inventory related investments. If you are a business owner whose venture is still in its growing phase you can hugely benefit from this provision of ours.
DescriptionDevelopers having completed/nearing completion projects and wish to generate short-term liquidity either to complete the same project or capitalize on some opportunity can raise funds against the unsold inventory. Enquire Now
CommercialsInterest rate at 18%-24% and processing fees above 1.50% Enquire Now
- Processing time of less than 5-6 working days
- Limited restriction on end use
- Repayment through escrow
- Takeover of loans including with poor repayment track record
Loan Tenure12 - 24 months Enquire Now
- Preferably completion certificate should have been obtained or the inventory should be nearing completion (ie RCC, Brick Work, Plastering should be complete).
- Loan Amount 1.00 Cr - 10.00 Cr
- Inventory should be in and around Pune city.
- Collection and sales for the last 6 months should support the proposed loan.
- Registered Mortgage of unsold inventory and hypothecation and escrow of receivables from the project
- Security cover of over 2.00x (i.e. Realistic Value of security should be more than two times the amount of proposed loan)