Loan Against Commercial Property
A commercial property loan is a mortgage loan secured against commercial property like an office building, industrial warehouse, manufacturing site and other.
Features of Commercial Property Loans
- Individuals are provided expert legal and technical counseling to help them make the right decision for buying property.
- The processing of the loan against property is easy with the hassle-free documentation process.
- Repayments through monthly installments are available, which can be done in flexible tenure period.
Commercial loans are used to :
- There is a considerable cost associated with opening a new business. Commercial property loans help in realizing the dream of venturing a new business.
- It is used for expanding the existing business or introducing a new line of business.
- Loans for transferring or renovating a commercial property can also be availed under this loan.