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Hiranandani Financial Services Pvt. Ltd.

Loans for
COMMERCIAL PREMISES
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  • Longer tenure loan, easy repayment
  • No guarantor required

Loan for Buying Commercial Premises

 

Commercial property loans help businessmen expand their venture or set up a new branch easily when they lack the necessary funds. These shop loans can be used to purchase an office space or any other kind of property that one may need to grow his/her business. Hotels, office buildings, retail sales structures, warehouses, storage, and manufacturing facilities, hospitals and other medical institutions, and raw land are all examples of commercial real estate properties. Applying for business loan for shop at HFS is easy and hassle-free. Have a look at the tailormade loan options we offer for your needs.

 

Uses of Loans for Buying Commercial Premises:

loan for buying Commercial Premises

Businesses that have established themselves can now look at the next phase of expansion. A commercial loan can be used to grow a business if you have a sound business plan and a good transactional history. With a business loan for property, entrepreneurs can also consider setting up branches in new geographic areas or reaching a new target demographic. Small and medium-scale businesses can also get a loan for purchasing shop at HFS if they meet the eligibility criteria.

Why the HFS Loan for Buying Commercial Premises is ideal for your business:

loan for buying Commercial Premises

Easy and Fast process

We recognize the gravity of your financial condition and try our best to release the funds within 3 to 5 days if the prerequisites are met. Every application that we receive is given top priority. You won't have to wait too long for the money to be credited to your account.

loan for buying Commercial Premises

Flexible tenure

There is no set period for repaying your loan. You have the option of paying monthly or biweekly for your shop loan. However, if your sales are exceptionally strong and you have made a significant profit, you may be able to repay the entire loan amount sooner.

loan for buying Commercial Premises

Balance transfer facility:

With our business loan for property, you have the option of transferring your balance and lowering the interest rate, allowing you to save money on interest payments.

Loan in 3 easy steps

Step 1 Step 1 Call us at
your doorstep
Step 2 Step 2 Quick loan
approvals
Step 3 Step 3 Get funds in
your account
  • Loan up to 2 Crore

We offer commercial property loans of up to 2 crores to eligible business owners. Our broader lending window boosts your chances of getting the loan approved and gives you the finances you need to grow and expand your firm.

  • Loan up to 70% of the market value of the property

A large percentage of the money is disbursed, i.e., 70% of the property's market value. The remaining is kept covering unanticipated costs, breakage, delivery, and quality issues.

  • Attractive interest rates

On a case-by-case basis, we analyse the market and find the lowest interest rates on a business loan for property and business loan for shop. This means that the interest rates offered by HFS are the best available for your company.

  • Balance transfer facility - Lets you retire your high-cost debt

We offer a balance transfer facility which is very lucrative for any businessman. It's a fantastic tool that allows you to reevaluate your high-cost debt, make modifications, and tweak it to fit your needs. This way, you can save a huge amount on your interest payable and reduce the burden of your debt

  • Loans to purchase a new shop or office for your business

You could look into securing a loan to help you set up your new business, shop, or office. You can choose a shop loan with your own term, and we'll offer you a competitive interest rate on a commercial shop loan. Everything is completed quickly, from the application to the disbursement.

Self-employed (Individuals)

  Self-Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in firms in the Business of Manufacturing, Trading or Services.

Documents required:

  • Proof of Identity: Passport / Voters ID / Driving License / PAN Card / Aadhar Card
  • Address Proof: Ration card / Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • Bank Statements: Latest 6 months' bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Business Continuity Proof: Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns
  • Other Documents: Certified copy of Partnership Deed, Certified copy of MOA / AOA
  • Property chain documents and draft agreement

Additional Document Required:

  • Only for secured Business loan - Copy of all property documents

Private Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading or Servi

  Private Limited Cos and Partnership Firms in the Business of Manufacturing, Trading or Services

Documents required:

  • ID / Business Continuity Proof: PAN Card / S&E License / Tax Returns / Utility Bill
  • Address Proof: Utility Bill (Latest 2 months) / Registered Rental Agreement
  • Bank Statements: Latest 6 months' bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Other Documents: Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association
  • Property chain documents and draft agreement

Additional Document Required:

  • Only for secured Business loan - Copy of all property documents

Self-employed (Professionals)

   Self-Employed (Professionals) include self - employed Doctors, Chartered Accountants & Architects.

Documents required:

  • ID Proof: Passport / Voters ID / Driving License / PAN Card / Aadhar Card
  • Address Proof: Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • Bank Statements: Latest 12 months' bank statements / 12 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L A/c for the last 2 years certified by a CA
  • Property chain documents and draft agreement

Additional Document Required:

  • Only for secured Business loan - Copy of all property documents

Self-employed (Individuals)

   Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services

  • Minimum age of Applicant: 21 years
  • Years in business: Minimum 3 years
  • Minimum Annual Income: 2,00,000 p.a.

Private Limited Cos and Partnership Firms

   Private Limited Cos and Partnership Firms  in the Business of Manufacturing, Trading or Services

  • Years in business: Minimum 3 years
  • Minimum Annual Income: ₹ 2,00,000 p.a.
  • Business must be profit making for the last 2 years

Self-employed (Professionals)

   Self-employed (Professionals) include self-employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

  • Minimum age of applicant: 22 years
  • Years in business: Minimum 3 years
  • Minimum Annual Income: 2,00,000 p.a.