Use your commercial or residential property and apply for a loan against the same. You can grow your business and take it to new heights with the funds.
Use your commercial or residential property and apply for a loan against the same. You can grow your business and take it to new heights with the funds. Known as a secured loan, it has a high amount and flexible repayment tenure. If you own a property, this is the best opportunity to get access to funds at low interest rates. Hero FinCorp loan against property will allow you to make the most of the business opportunity and enjoy the best terms on the loan. The reliable lender has a strong presence across the length and breadth of the country and is considered as one of the first choice of borrowers.
Whether you are a sole proprietor or own a partnership business, you are eligible for the loan. Hero FinCorp has a simple and straight forward application procedure. You simply need to fill the application form and submit documents of identity proof, address proof, business registration documents, bank statements, ITR and projected income statement and balance sheet. Additionally, you will have to provide the documents of the property you want to hypothecate. Once the lender receives the documents, they will hire a market valuer to get the market value of the property and your loan amount will be based on the same. Hero FinCorp offers a loan for about 70% of the value of the property. Hence, it helps to have an idea about the market value of your property before you hypothecate it.
Since there is low risk associated with the loan, you will be able enjoy low interest rates and if you have a good credit score, you will have favourable terms on the loan. Remember, timely payment of dues is crucial otherwise you will lose the ownership of your property. It helps to prepare a repayment schedule when you apply for the loan. Hero FinCorp has a transparent and hassle free loan procedure that saves time and effort. You do not need to go through a tedious procedure and worry about the extensive documentation requirement. The customer executives will be happy to assist you with the loan application and they will ensure that the loan is processed and approved in no time.
Besides the loan against property, Hero FinCorp offers several personal and professional loan products for you to choose from. They have two wheeler loan, used car loan, machinery loan, doctor loan, working capital loan and invoice discounting. You can achieve your goals with the right type of loan product. Simply define the amount of funds you need and contact the lender. Hero FinCorp loan against property is one of the top choices of business owners. You can use a property that is idle, in use, leased or rented out. If there are co owners of the property, they will become co applicants for the loan. With a good credit score and repayment history, you can enjoy the best terms on the loan from Hero FinCorp.
Contact Us & Send Query-
Hero FinCorp Limited
09, Basant Lok, Vasant Vihar, New Delhi – 110057
Tel. 18001024145
Email id: Corporate.Care@HeroFinCorp.com
Website - https://www.herofincorp.com/
