Fund Source India provides Builder Loan to the real estate developers to complete their construction projects located in good developing areas & have high selling capacity and potential to give returns on investment. Builder loans are specially designed for real estate industry construction projects as they offer customized repayment schedules as per delivery dates & option to pay as per the sale of project units. These can be available in locations in India and loan amounts starting from Rs. Ten crores to any higher amount. This loan facility can be given for :
Builder Loan is a loan facility given to a builder/developer to complete their construction projects in which repayment & other features are specially designed as per projects requirements & cash flow generated.
Every construction project requires a constant flow of finance to meet the day-to-day expenses & funds constantly to pay vendors & contractors to maintain a regular & speedy construction process which is necessary for the timely completion & delivery of the project. There are three main verticals through which funds are pumped into a construction project & out of all financing options/verticals loan stands out in the most important position as this is one of the largest chunks of funds required in a project so raising a loan is very crucial for project viability.
But, these days when banks withdraw their arm from financing to the real estate industry and after the collapse of major NBFCs active in builder financing, raising loans for real estate projects is very much difficult & challenging. Here Fund Source India is still capable of raising loans to meet our builders/developers’ requirements of loans to complete their construction projects.
Construction Loan for Builders is provided to builders & developers who are developing residential or commercial construction projects with good potential for buyers & capacity to generate profits for developers as well as lenders. This loan can be raised in any region of India and any developer after obtaining all necessary permissions & licenses can apply for this loan. Construction loan for builders is an excellent finance facility that allows financial support in tranches as per project development without burdening on interest part and supports repayment schedule as per sales collection through the ESCROW mechanism. It is important to remember that this funding is only available for the mentioned project requirement & any diversification of funds is not allowed as the main objective of this financing is to give financial support to complete the given project only. Else every feature supports the builders & completion of projects.
Construction Loan for Builders in Mumbai Construction Loan for Builders in Pune Construction Loan For Builders In Bangalore
This financing is also available for stuck projects or projects in which previous loans are declared NPA. We can take over the previous loan & provide additional funds for completion of the project.
India’s No.1 NPA funding & OTS Finance Company with Proven Track Record. We are exclusively working for Private Finance for NPA Accounts (NON-PERFORMING ASSET)
©2023. Fundsource. All Rights Reserved.