Landwoners Receivable Funding

Financial funds when you require them the most

Landowners who have given their land on Development Agreement (Revenue Sharing/Part Revenue Part Area Sharing) to reputed developers can generate liquidity by borrowing against their share in the project.

Description

Landowners who have given their land on Development Agreement (Revenue Sharing/Part Revenue Part Area Sharing) to reputed developers can generated liquidity by borrowing against their share in the project. Enquire Now

Commercials

The interest rate at 18%-24% and processing fees above 1.50% Enquire Now

Key Features

  • Processing time of less than 5-6 working days
  • Limited restriction on end use
  • Repayment through escrow
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Loan Tenure

12-24 months Enquire Now

Eligibility Criteria

  • Loan Amount >1-5 Cr
  • Project should be in and around Pune city
  • Collection and sales for the last 6 months should support the proposed loan
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Security Cover

  • Registered Mortgage of landowners share of unsold inventory and hypothecation and escrow of landowners share of receivables from the project
  • Security cover of over 1.50x (i.e. RealisticValue of security should be more than two times the amount of proposed loan)
  • Total receivable cover of 3.00x of the proposed loan including (firm receivable of over 1.50x)
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Other Solutions