Avail funds against future rental income with our Lease Rental Discounting (LRD) facility. Access capital seamlessly while maintaining your lease agreements.
The Lease Rental Discounting (LRD) facility, a secured debt product, is a term loan. The borrower gets this loan based on their income from the rented property. A major aspect that affects the LRD loan is the availability of rent receipts from the tenants or any other relevant proof of receiving rent. So, several other factors matter when obtaining a lease rental discounting facility.
Owing to the rise of businesses in the country, several options are available for funding in the Indian Debt Market. Lease rental discounting (LRD facility) is one such loan. Even though the rented property is a steady source of income, the loan providers are quite limited. Thus, The LRD loan has several purposes. That includes starting a new business, investing in another property, personal reasons, etc.
Turns future income into Immediate Cash
Competitive Interest Rates (7-11%)
Flexible Loan Tenure
High-Value Loans
Convenient Repayment
The eligibility criteria for the loan differ from organization to organization. However, there are certain factors as well that will affect the eligibility criteria for the loan. A few of the general parameters are listed as follows:
To apply for a lease rental discounting loan, you need to provide several documents to the lending institution. The documents vary from case to case, but here are some important ones:
Note: The application must be signed by all the directors of the board if the loan is being taken for the firm.
The financial institutions that participate in providing such are plenty. However, what makes Terkar Capital stand out is the support and hassle-free service that we have rendered over the years. We have successfully sanctioned LRD loans for the fitted candidates and arranged escrow facilities for better repayment. Hence, facilitating support throughout the process.
1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
3. Documentation
Ensuring meticulous preparation of all necessary documents to facilitate a seamless funding process.
5. Soft Approval From Financial Institutions
Securing preliminary approval from financial institutions based on the client's profile and funding needs.
7. Disbursement
Coordinating with financial institutions to ensure timely release of funds.
2. Analysing the Strengths and Opportunities
Leverage the client's financial and operational strengths to optimize their funding prospects.
4. Identifying the Right Financial Product
Recommending the most suitable financial product to align with the client’s specific goals and requirements.
6. Actual Submission of the Documents
Submitting all finalised and verified documents to the financial institution for formal processing.
8. Funding As Required
Providing funds customised to the client’s operational or expansion needs, ensuring business growth.
Check your CIBIL score for free.
1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
2. Analysing the Strengths and Opportunities
Leverage the client's financial and operational strengths to optimize their funding prospects.
3. Documentation
Ensuring meticulous preparation of all necessary documents to facilitate a seamless funding process.
4. Identifying the Right Financial Product
Recommending the most suitable financial product to align with the client’s specific goals and requirements.
5. Soft Approval From Financial Institutions
Securing preliminary approval from financial institutions based on the client's profile and funding needs.
6. Actual Submission of the Documents
Submitting all finalised and verified documents to the financial institution for formal processing.
7. Disbursement
Coordinating with financial institutions to ensure timely release of funds.
8. Funding As Required
Providing funds customised to the client’s operational or expansion needs, ensuring business growth.
Check your CIBIL score for free.
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