We provide loans for hotel and resort construction up to Rs.150 Crores or more in all major cities of India. This loan is available for businesses in the hospitality industry that run hotels, resorts, restaurants, and cafes.
We provide loans for:
- Hotels
- Resorts
- Health Resort
- Entertainment Centre
- Amusement Park
- Serviced Apartment
- Restaurants
- Food Courts
- Banquet
Fund Source India offer a range of financial support to borrowers who are in the hospitality industry. We cater to multiple products that can fulfill every kind of requirement.
- Hotel Project Finance: We offer loans for developing a new hotel and resort. As per the rule, a loan of 70 to 80% of the total project cost is provided depending upon case to case. All necessary approvals are required before the application.
- Hotel Renovation Loan: A loan is offered for the renovation of an existing hotel or resort that can increase revenues.
- Hotel Working Capital Loan: A general working capital loan is provided to meet the day-to-day expenses and maintain the cash flows.
- Takeover Loan: A new loan is provided to take over an existing loan with enhanced funds to meet out various requirements of a hotelier.
- Hotel Acquisition Loan: A loan is provided to acquire an existing hotel or resort, which is now part of the borrower company. As per policy, 20 to 30% needs to be infused by the borrower and the balance will be provided as a loan.
Some Key Features of Loans for Hotel Construction:
- Loan starts from 1 crore to 150 crores or more
- Hotel/resort property can be taken as collateral
- Finance available in PAN India
- Tenor from 10 to 12 years
- Easy onset of Process
- Digital submission of documents
- Availability of principle moratorium
- Additional collateral is also accepted
- A working capital loan can also be provided with a construction loan
- Past credit issues clients can also apply
Why Choose us
- Pioneer in the industry
- Fast process
- Long track record
- Professional approach
- Doorstep service
- No upfront charges
