To compete with corporate businesses, manufacturing financing is necessary for small manufacturers. Working capital is essential to assist with payroll, equipment maintenance, machine upgrades, raw material invoices, etc.
Leverage your industrial or residential property to get this capital. SMFG India Credit Loan Against Property can make you use the economic worth of your property to get immediate finance to meet a variety of your business needs.
Loan Against Property for Manufacturers is a financial solution that allows small manufacturers to leverage their industrial or residential property to secure capital for various business needs, such as working capital, equipment upgrades, and raw materials. SMFG India Credit LAP utilizes the property's value to provide immediate financing to manufacturers, enabling them to compete with larger businesses.
Both industrial and residential properties can be leveraged for a Loan Against Property for Manufacturers, enabling manufacturers to access capital using the economic value of their property.
The maximum loan amount is ₹5,00,00,000*, while the minimum is ₹5,00,000.
Approval for Loan Against Property is swift and comes with quick disbursal, ensuring manufacturers can access funds promptly.
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
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