SDM Financial Services arranges Loans for business, lap etc. at lucerative terms for the large business units.
The business loans are provided both under the secured and unsecured categories in the range of Rs.5 crore to Rs.300 crore. The rate of interest in case of LAP (Loan against property) is lesser as compared to the unsecured loans.
Normally, no Bank, FI or NBFC provide loan to the NPA Businesses or their guarantors. NPA Doctor has formulated a special scheme tfor the resolution and revival of NPA Accounts. Under this scheme the NPA Loans with viable projects and good intentions of the promoters are provided loan against property. If there loan is to be taken over from the Bank, the property with the Bank is mortgaged to the new strategic lenders by way of tripartite agreement.
In the following cases the mortgage loan or LAP (Loan against property) ranging from Rs.5 crore to Rs.300 crore can be considered for otherwise viable and leigible NPA Accounts:
1. Where the unit is running may be at low level, but the level of activity can be improved with injection of more funds.
2. Where the unit is reaching OTS with the Bank but is in short of funds to pay the loan, provided it can start its operations after availing the loan.
The rate of interest is risk based, normally in the range of 10.5% to 12% pa.
For details, may contact at:
email : email@example.com