1 / 8

All You Need to Know About Commercial Property Loan

Analyzing every little thing is important before you opt for a loan against commercial property. Here are the factors you should consider.

HeroFinCorp
Download Presentation

All You Need to Know About Commercial Property Loan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. All You Need to Know About Commercial Property Loan

  2. Introduction • A Commercial Property Loan Is Taken To Purchase Or Renovate Non-residential Properties • These Loans Are Only Meant For Properties That Run A Business

  3. How Does It Work • Loan Against Commercial Property Requires The Borrower To Mortgage A Reliable Property For Approval • Mostly, The Collateral Is Preferred To Be Another Commercial Property And Not A Residential One

  4. Who Can Avail It? • Self-employed Professionals Such As Doctors, Charted Accountants And Lawyers Are Eligible For It • Business Owners Who Have Firms Are Another Category Eligible For This Loan

  5. Factors You Should Consider • Consider Commercial Property Loan Rates, Additional Repayments, Capitalized Interest And Offset Accounts • Be Double-sure About The Interest Rate • Make Sure Foreclosure Doesn’t Come With A Penalty

  6. Factors You Should Consider • Loan Amount Is The Key. The Borrowing Amount Ranges From 50% To 70% Of The Total Value Of The Property • Do Not Fall For The ‘No Extra Charges Or Fees’ Feature Of The Loan

  7. Conclusion • Cross-check The Eligibility Criteria And Explore Other Options In The Market • A Commercial Property Loan Offers Zero Tax Benefits

  8. Thank You !Would Love to Hear From You Hero FinCorp Limited 09, BasantLok, Vasant Vihar, New Delhi - 110057 Tel. 18001024145 Email Id: Corporate.Care@HeroFinCorp.com Website: https://www.herofincorp.com/ Know more- All You Need to Know About Commercial Property Loan

More Related