Welcome to Flourish FinServ LLP

+91-9727701910 | lnfo@flourishfinserv.com

LOAN FOR REAL ESTATE DEVELOPERS

Project Finance or Construction Funding is a unique proposition under which Flourish FinServ LLP offer service to avail requisite funding to real estate developers for projects they are developing.

BUILDERS AND DEVELOPERS

1. Construction Finance Loan

Object	Loans to Builders/Developers for developing and constructing Residential / Commercial Premises.
Loan term	Minimum-6 Months
Loan term	Maximum-5 years
Security & Title	Mortgage of the land over which the building is proposed along with super structure. Personal Guarantee of the Partners / Promoters Corporate Guarantee (if required)
Disbursement of loan	Installments depending on the progress of work in the project, its funding requirements and availability of sufficient security cover.
Repayment of loan	Through Escrow Account.

2. Term Loan

Object	To Builders/Developers for business purpose.
Loan term	Minimum-6 Months
Loan term	Maximum-3 years
Security & Title	Mortgage of the Security of adequate Value acceptable to Lender (Bank/NBFC) as may be deemed necessary. The Receivables from various ongoing Projects to be assigned in favour of Lender (Bank/NBFC). Personal Guarantee of the Promoters of the Company. Any other security as may be considered necessary by Lender (Bank/NBFC)
Disbursement of loan	In single tranche or in Installments based on the requirement of the Applicant Company as agreed mutually.
Repayment of loan	Through Escrow Account.

Advantages of taking Project Loan Through Flourish FinServ LLP

Provides exhaustive schemes of Project Loan with strong tie-ups with large nationalized and private banks.
Team of strong domain experts
Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans
Best-in-class service experience and to ensure customer satisfaction
High standards of ethics, integrity and transparency
We are charges our consulting fees at/on sanction loan*.