Loan Against Property for Manufacturing Company

Manufacturing companies that own factory premises or industrial land can leverage these fixed assets to raise funding through a Loan Against Property (LAP). This financing option offers higher loan amounts at competitive interest rates, making it suitable for long-term expansion, working capital requirements, or debt consolidation. By accessing the value of their assets, manufacturers can access affordable credit while continuing to utilize their assets for business operations.

Key Features of Loan Against Property

(*T&C Applied)

Loan Against Property Advantages for Manufacturing Company

Loan Against Property (LAP) provides manufacturers with a reliable and cost-effective funding solution by leveraging their fixed assets for liquidity.

Access to higher loan amounts by leveraging property as collateral.
Competitive interest rates compared to unsecured loans.
Longer repayment tenures, easing financial strains.
Flexible usage for purposes like machinery purchase, expansion, or working capital.
Retain ownership of the mortgaged property while using its value.
Quick and straightforward approval process with the right documentation.
Ability to consolidate existing debts into one low-interest loan.
Enhances creditworthiness when repayments are timely.

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Eligibility of Loan Against Property for Manufacturing Company

Eligibility criteria for manufacturing companies to access the LAP facility ensure loan repayment and lender security.

The applicant must be the owner of the property being mortgaged.
The property should be free from legal disputes and possess clear title documents.
Applicants can be proprietors, partnerships, or private limited companies.
The company should have healthy financials
Minimum property valuation as per financial institute’s guidelines.
The business should have been operational for at least 3 years.
Positive credit history and repayment capacity

Documents Required to Avail LAP for Manufacturing Company

Ensure you have the following key documents ready:

KYC Documents (Aadhaar, PAN, Passport, etc.)
Address proof (Utility bill, rent agreement, etc.)
Business Documents
Income Tax returns for the last 2–3 years
Financial documents like balance sheet and profit-loss account, Bank account statements
Property title deed and valuation report

Borrowers note that financial institutions may request additional documentation during the LAP Facility application process.

LAP for Manufacturing Company with Terkar Capital

At Terkar Capital, we specialize in providing tailored LAP solutions designed specifically for the manufacturing sector. Our expertise in the industry allows us to offer competitive interest rates, flexible repayment terms, and quick processing. Whether you’re looking to upgrade machinery, expand operations, or stabilize cash flow, we ensure the funding aligns perfectly with your business goals.

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