FIXED ASSETS
LAND PURCHASE
Lenders including Banks and NBFCs offers a Loan against industrial property by mortgaging a manufacturing unit located in any industrial areas in the country. An industrial property can be a manufacturing unit, Industrial Land, workshop or any other type of property in a defined Industrial zone, owners of a manufacturing unit or workshop can take a loan against industrial property by offering the industrial property as a collateral security. The funds can be used for business expansion, factory renovation, machinery purchase or other business related activities. Loan to valuation ratio for Loan against industrial property can go up to 60% of the current market value of the property, depending on end use of the property and loan eligibility of the borrower/s.
COMMERCIAL CONSTRUCTION ON LAND
Loans given to construct industrial shed to small and medium enterprises, Loan to valuation ratio for Loan against industrial property can go up to 75% of the construction cost, depending on loan eligibility of the borrower/s.
PURCHASE OF PLANT & MACHINERY
Plant and Machinery loans are a type of business loan that help manufacturers, and other such business proprietors acquire financing in order to buy and purchase new and more efficient plant and machinery for their business ventures. This is a perfect tool as it allows the business to increase its overall productivity while retaining its normal operating parameters. Term loan are a lucrative option since it helps business head and manufactures to get a hold of better and more powerful equipment, which helps them increase productivity and turn a higher profit from sale and distribution. Term Loan is mainly used for purchasing new and refurbished industrial machinery so that business expansion requirements and ambitions of businesses can be fulfilled. Loan to valuation ratio for Loan against industrial property can go up to 75% of the purchase cost, depending on loan eligibility of the borrower/s.