Service · Against property or assets
Secured funding that puts your assets to work.
Business loans backed by property or other assets, which usually allow larger amounts and longer tenures, structured so the security and the repayment plan both hold up.
What it covers
The common forms, and what each one is for.
LAP
Loan against property
Residential, commercial or industrial property pledged for business funding.
AST
Loan against other assets
Deposits, securities or other assets lenders accept as security.
OD
Secured overdraft
A revolving limit backed by property, for flexible use.
Who it suits
Is this the right facility for you?
- Business owners with property who need a larger amount
- Firms that want longer tenure and lower instalments
- Businesses refinancing costly unsecured debt
- Companies funding a mix of needs from one facility
How lenders look at it
What a credit officer checks first.
01
Property value
Independent valuation, and how much of it the lender will lend against.
02
Clear title
Ownership documents, chain of title and any existing charges.
03
Repayment capacity
Business income and whether it covers the instalments.
04
Use of funds
A clear business purpose for the loan.
05
Credit history
Credit reports of the business and its promoters.
06
Property type
Residential, commercial or industrial, which affects terms.
How we help
From your numbers to a facility you can use.
1
Assess the property
Title and documents reviewed before a lender sees them.
2
Choose the structure
Term loan or overdraft, and the right tenure.
3
Prepare the file
Business and property documents in order.
4
Compare offers
Terms read side by side, including charges and conditions.
Mistakes we see often
- Discovering a title gap after the valuation is done
- Taking the largest amount offered instead of the amount needed
- Ignoring prepayment and switching charges
Documents
What this file usually needs.
Lenders differ. We confirm the exact list for your case after the first call.
- Last 3 years' financial statements and ITRs
- Last 12 months' bank statements (all current accounts)
- GST returns for the last 12 months
- Property title documents and chain of title
- Approved plans and property tax receipts
- Sanction letters and repayment schedules of existing loans
- KYC of the business and promoters
Questions
Secured Business Loans, answered.
How much can I borrow against my property?
Lenders lend a percentage of the property's assessed value, and the percentage varies by lender and property type. Your income must also support the instalments.
Can the property be in a family member's name?
Often yes, with the owner joining as co-borrower or guarantor. Each lender has its own rules.
How long does valuation and legal checking take?
It depends on the lender and how complete the property papers are. Clean documents are the biggest time-saver.
Talk through your secured business loans need.
Free 30-minute review · 10 am – 7 pm IST, every day