Real Estate is India's rapidly developing business segment and multiple financial institutions including banking and non banking are offering Loans for New Construction.
Loan sanctioned to construct or develop a new real estate project including both residential as well as commercial is known as Loan for New Construction. An individual or a firm or company engaged in the business of real estate development or construction (Builder) can avail this loan.
Project finance is the long term financing of infrastructure based upon the projected cash flows of the project rather than the balance sheets of the project sponsors. The loans are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow. The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a lien on all of these assets, and are able to assume control of a project if the project company has difficulties complying with the loan terms.
Lease Rental Discounting (LRD) is a term loan offered against rental receipts derived from lease contracts with corporate tenants. In Lease Rental Discounting loan is provided to the lesser based on the discounted value of the rentals and the underlying property value.
Being a property owner, you earn fixed rentals from your property investments at periodic intervals. But with Lease Rental Discounting Services, you have an opportunity to get these rentals in a lump sum amount at attractive discount rates. You can then utilize these funds to generate further assets, which can yield higher returns. Furthermore, these funds can also be deployed for the expansion of your business activities.
Debt consolidation is combining of several unsecured debts into a single, new loan that is more favorable. Debt consolidation involves taking out a new loan to pay off a number of other debts like Credit Card dues, unsecured personal loan, private finance from individuals, unsecured business loan, car refinance and other high interest loan. The new loan may result in a lower interest rate, lower monthly payment and higher repayment tenure or all. You may be able to take out a debt consolidation by opting for home equity loan or other loans as suggested by CFPL Advisor.