Testimonials

R J Groups, Aurangabad

Mr. Raghvendra Joshi
Managing Director

"I have seen SMEFundings as a dedicated team to their job, especially structuring the proposal. Once they accept the job they have skills to get it done. At the same time they are very particular about perfect documentation with the institute. They are also very selective in choosing the right plan so that there will not be any default in future repayment."

ALTAIR Gas Engineering Company, Mumbai

Sandeep A Jadhav
Partner

"I would like to thank SMEFundings and like to appreciate the efforts taken by them. During the Unlock Phase, we were facing shortage of funds as our payments were delayed from clients. After getting in touch with SMEFundings and sharing all documents, we found them very professional in understanding our business, projects we cater and our requirements. They fulfilled our requirements, by arranging Collateral free loans. Happy to get reliable financial partner for all future needs. Thanks"

Tamanna Group of Hotels, Pune

Mr Prabhakar Shetty
Managing Director

"We are happy, having assisted three times by SMEFundings Team, for procuring funding for our business expansion. The team understood our requirement and gave us better solution,than what we were looking for. The value addition in proposals & Speed of working are their plus points. We look forward to continue this association for our further needs."

Raisoni Group of Institutes, Nagpur

Mr Hitesh Sankalecha
--

"We appreciate SMEFundings Team for assisting us in procuring finance for various trusts. They are amongst the people, who understand the functioning of education institutions well, structure the proposal as required & arrange finance in time. We wish them good luck."

Envision Integrated Servicec Pvt Ltd Hyderabad

Mr Chandra
Director

"We availed Business loan through SME Fundings. I really appreciate your services with the good & quick response. And also the process went smoothly. It's always great to have a positive experience with SME Fundings team. Thanks"

Olive Tree Trading Pvt Ltd, Pune

Suku Shah
Chief Managing Director

"SMEfundings.com team understood our requirement well & found perfect lender for us. Their assistance in sanctioning & disbursing the proposal was beyond expectations. They offered us thoroughly professional service, helped us negotiating the best terms & also helped in finalisation & closing the deal. Thanks."

Rungta Group of Institutes, Bhilai,Chhattisgarh

Sonal Rungta
Director Finance

"Finance assistance from SMEfundings.com has helped us grow faster in education sector. We applied for loan in first week of March & got sanction & disbursement before March end. The ease of process, Structuring for loan & speed of working is fantastic"

Bharati Vidyapeeth,Pune

B B Kad
Finance Head

"You have arranged finance for us, in a quick time,when it was required. Documentation & Process was faster & easy. We are happy with it."

Builders, Developers OR Real Estate Finance up to Rs. 100 Crores

At SMEFUNDINGS.com, we arrange Loans for Builders to Rs.100 Crores from our lending partners. With our 10 years of expertise in Finance, we understand needs of real estate sector & we are better equipped to extend customized solutions them. Along with arranging fresh loans,we are expert in “Officially Restructuring” existing Debt / loans to reduce repayment burden.

We assists Builers & real estate sector in following ways :

1) Project Finance :

We arrange project finance for builders by the way of hypothecation of future receipt in upcoming / ongoing residential or commercial projects. This type of finance is secured against land & proposed building & can be sanctioned & disbursed within a span of one month. Some of the key factors that play important role in project finance are Location of Project, Brand name of builder /developer, Past experience in the business, Projects completed and sold till date, marketability of project etc.

2) Lease Rental Discounting (LRD) up to Rs. 150 crores :

We arrange loan for builders & developers against the rental income from various rented properties. The properties which are rented to Offices, Schools, Hotels, Hospitals, Warehouses, IT firms, Industries etc can be considered for this loan. The tenure of such loans is 15 years & it can be sanctioned / disbursed in 15-30 days period.

3) Official restructuring of existing loan to reduce obligation :

When the cash flow of business does not match with repayment schedule, it becomes difficult for to repay the loan on time. In such situations, we can help by takeover of this loan and official restructuring it for higher tenure (12-15 yrs) with lower rate of interest. It helps customer to reduce obligation for repayment of loan, without affecting its credibility. For example: Current outstanding of the loan is Rs. 15 crores, to be repaid in next 3 years i.e. Repayment obligation is Rs.5 cr per year plus interest. We can transfer this loan to a finance for 15 years with lower rate rate of interest. Hence new obligation will be Rs.1 crores per year plus interest. Time required for such loan transfer is 20-30 working days.

4) Loan Against Unsold Inventory:

We arrange this loan up to Rs. 25 crores, for projects which are partially sold out. Some of the key factors that play important role in Inventory funding are- Brand name of builder /developer, Past experience in the business, Projects completed and sold till date, marketability of project etc.

Documents Required for finance proposal of Builders & Developers :

3 Years Audited Financials with IT Return, Computation & Detailed Audit Report
Last 12 months bank Statements
Existing Loan Sanctions letters & Loan Statements
MOA/AOA/Partnership Deed
KYC of Firm & Directors/Partners
Property Documents (if applicable)

Apply for Builders, Developers Or Real Estate Loan