Testimonials

R J Groups, Aurangabad

Mr. Raghvendra Joshi
Managing Director

"I have seen SMEFundings as a dedicated team to their job, especially structuring the proposal. Once they accept the job they have skills to get it done. At the same time they are very particular about perfect documentation with the institute. They are also very selective in choosing the right plan so that there will not be any default in future repayment."

ALTAIR Gas Engineering Company, Mumbai

Sandeep A Jadhav
Partner

"I would like to thank SMEFundings and like to appreciate the efforts taken by them. During the Unlock Phase, we were facing shortage of funds as our payments were delayed from clients. After getting in touch with SMEFundings and sharing all documents, we found them very professional in understanding our business, projects we cater and our requirements. They fulfilled our requirements, by arranging Collateral free loans. Happy to get reliable financial partner for all future needs. Thanks"

Tamanna Group of Hotels, Pune

Mr Prabhakar Shetty
Managing Director

"We are happy, having assisted three times by SMEFundings Team, for procuring funding for our business expansion. The team understood our requirement and gave us better solution,than what we were looking for. The value addition in proposals & Speed of working are their plus points. We look forward to continue this association for our further needs."

Raisoni Group of Institutes, Nagpur

Mr Hitesh Sankalecha
--

"We appreciate SMEFundings Team for assisting us in procuring finance for various trusts. They are amongst the people, who understand the functioning of education institutions well, structure the proposal as required & arrange finance in time. We wish them good luck."

Envision Integrated Servicec Pvt Ltd Hyderabad

Mr Chandra
Director

"We availed Business loan through SME Fundings. I really appreciate your services with the good & quick response. And also the process went smoothly. It's always great to have a positive experience with SME Fundings team. Thanks"

Olive Tree Trading Pvt Ltd, Pune

Suku Shah
Chief Managing Director

"SMEfundings.com team understood our requirement well & found perfect lender for us. Their assistance in sanctioning & disbursing the proposal was beyond expectations. They offered us thoroughly professional service, helped us negotiating the best terms & also helped in finalisation & closing the deal. Thanks."

Rungta Group of Institutes, Bhilai,Chhattisgarh

Sonal Rungta
Director Finance

"Finance assistance from SMEfundings.com has helped us grow faster in education sector. We applied for loan in first week of March & got sanction & disbursement before March end. The ease of process, Structuring for loan & speed of working is fantastic"

Bharati Vidyapeeth,Pune

B B Kad
Finance Head

"You have arranged finance for us, in a quick time,when it was required. Documentation & Process was faster & easy. We are happy with it."

Lease Rental Discounting (LRD) Loan in India (Loan Starting from Rs. 25 lacs to Rs. 100 crores)

Lease rental discounting LRD loan, is comparatively easy way of obtaining finance from banks & NBFCs. This loan is sanctioned based upon the future monthly rental income over a period of time and market valuation the property offered as collateral. It is the consideration between the borrower who owns the premises, the tenant who has taken the said premises on lease and the bank or financial institution which is willing to finance against rent. SMEFundings.com gives you easy access to LRD loan through highly simplified online application form, online documentation & easy loan process.

Rental against following types of properties can be discounted to avail LRD loan:

Residential property
Commercial Property (Office / Shop / Showroom / Other)
Industrial Property
Open Plots
Ware house
Cold storage
School
Hotel (Hotel chains / OYO Rooms etc)
Hospitals

How does LRD loan process works :

Borrower submits necessary documents to lender, which basically include KYC, rental agreement, financial documents & property documents. Lender does necessary assessment of borrower as well as of the tenant, property valuation & legal clearance. After satisfactory reports, LRD loan is sanctioned. In Lease rental discounting, the tripartiate agreement is executed between the borrower, the lender and the tenant, through which the tenant agrees to deposit future rent in the escrow account. Escrow account is the joint account between all three parties involved in the trasaction. Every month, once the loan EMI is cleared through escrow account, lender tranfers remaining amount to borrower's account.

Features of Lease Rental Discounting (LRD) loan :

Loan is sanctioned against future rental income
It is secured against property collateral.
Loan in given in form of term loan or reducing Overdraft, as available.
Maximum upto 95% of rental income is considered for loan eligibility.
Loan to property value ratio is also between 60 % to 75%.
Loan upto 15 yrs of repayment period.
Flexible end use of funds by borrower.
No other business income is necessary if the tenant is good.
Time required for sanction & disbursement of loan is 10-20 days.

Documents Required for Lease Rental Discounting (LRD) loan :

3 Years Audited Financials with IT Return, Computation
3 Years Audited Financials with IT Return, Computation
Last 12 months bank Statements
Existing Loan Sanctions letters & Loan Statements, if any
MOA/AOA/Partnership Deed/ Registration
KYC of Firm & Directors/Partners
Property Documents

Apply Now for Lease Rental Discounting (LRD) Loan