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
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
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*.

REQUEST A NEW LOAN