industrial loan is a loan made to a business or corporation.
Lenders including Banks and NBFCs offers a Industrial Property Loan by mortgaging a manufacturing unit located in any industrial areas in the country. An industrial property can be a manufacturing unit, Industrial Land, workshop or any other type of property in a defined Industrial zone, owners of a manufacturing unit or workshop can take a loan against industrial property or Purchase for In by offering the industrial property as a collateral security. The funds can be used for business expansion, factory renovation, machinery purchase or other business related activities. Loan to valuation ratio for industrial property Loan can go up to 60% of the current market value of the property, depending on end use of the property and loan eligibility of the borrower/s.
Key Features
We provide door-to-door service so that you can submit your application from the comfort of your office or home.
You can borrow more money by using the top-up facility available for existing borrowers.
Loan Eligibility Criteria
ECPL provides unsecured Working Capital loans to a wide variety of small, medium and large enterprises, and professionals. We also provide top-up facilities for existing business loan customers who may require more credit at a lower rate.
Use our business loan eligibility calculator to find the number of unsecured Industrial loans you are eligible for. You must also meet the following conditions to fulfil our Industrial loan eligibility:
Why choose Industrial Loans?
Unlike a gold loan where you mortgage the gold and compulsorily deposit it to the lender, in a loan against manufacturing unit or other industrial property you continue possessing the property and use it for manufacturing activity, while the loan is running with the lender. A borrower takes the disbursement of the loan only by depositing the title and legal documents of the property to the lender.
Lease Rental Discounting (LRD) Loan
Balance Transfer & top up
Contact
- 201, 2nd Floor, Square Plaza, Vishwas Colony, Beside Bombay Sandwich, R.C. Dutt Road, Alkapuri, Vadodara-390007
- +91 8000206660
- Sales@ecpl.loans