Fund Source India offers LRD Loans for clients who are getting rent receivables through a self-owned property & now want to monetize the rent receivables for their personal or business requirements. Our loan services start from a minimum of Rs.1 crore to a maximum of any highest amount required and are available in all major cities of India. Our objective is to provide comprehensive loan Services to enable our clients with the availability of funds to excel in their business & manage their finances in a better way.
So if you are looking to explore the true potential of your rental property, then look no further, just contact us to avail our best-in-class Loan Services.
LRD Loan is a loan facility that is raised against the collateral property that generates the fixed monthly rental income to its owner and the loan is secured by the mortgage of the same property & monthly rent receivables. The offered property can be a Residential/commercial or even an industrial property but must be generating a fixed rental income.
The following are the eligibility criteria:
Lease Rental Discounting Loans are raised against monetization of monthly rent receivable which is secured by the same collateral property & rent receivable secures the repayment of the loan. This loan can be used for personal or business needs. We offer loans in this category as per the requirement of multiple clients with different financial profiles.
We also offer our services to a client whose CIBIL rating is badly affected due to current or past loan repayments. In such a scenario, no conventional bank or NBFC extends their services in spite of good monthly receivables and sound property available.
We offer exclusive loan services for clients having issues with CIBIL scores due to past issues in loan repayments or issues in current loan repayments, until the client is not a willful defaulter. This loan service is available in all major cities of India and loan amount starts from Rs.1 crore to any amount required.
“Due to covid-19, our business was greatly impacted and ultimately shut down, so we lease out our factory premises. Fund Source India helps us raise a timely loan against our factory rent receivable.” – Karunakar, CFO – Vishwanath Spinner – Hyderabad
“We are getting good rentals, but due to some past cibil issues, no bank was ready to grant us a loan. But Fund Source India helps us in getting a loan for our business” Thanks, Vineet Kumar – K.Murli – Chennai
Don’t let financial burdens hold you back. Contact us today to schedule a consultation and take the first step towards a debt-free future.
Reach out to Vineet Kumar, our Financial Expert, at +91 9810218215 or vineet@fundsource.in. Connect with Vineet on LinkedIn to stay updated with expert insights.
India’s No.1 NPA funding & OTS Finance Company with Proven Track Record. We are exclusively working for Private Finance for NPA Accounts (NON-PERFORMING ASSET)