A Loan against Property is a secured loan availed against a commercial or residential property kept as collateral with the lender. As the funds come with no end usage restriction, borrowers can utilise the funds for various purposes such as business expansion, wedding, child's education, etc. The types of Property against which LAP can be availed:
Loans which cater to the financial needs of the Small and Medium Enterprise (SME) segment are known as SME loans. This segment is responsible for providing huge employment opportunities at relatively lower capital costs and at the same time, also aids in industrialisation of backward and rural areas. By contributing highly to domestic production, significantly increasing export earnings, and by being operationally flexible, SMEs play a key role in the development of the nation. We are offering our services to below products :-
High quality education is often attributes to school having state of the art and modern amenities. MARC Finserv will help you to upgrade the existing school building to fine standard and we will work like a bridge between lenders and schools for customised loan , We are committed for tailor made transactions at competitive interest rate and higher loan tenure. Because MARC Finserv is having a dedicated team for funding education institute segment exclusively, we make your funding hassle free.
We are tied up with market's major player in School / College funding and providing services in entire state.
Key Features of Education Institute Loans -
A luxury that one wants to afford after a nice home is a branded car. Owning a car makes one's life comfortable. You can drive off to work instead of using crowded public transportation or use it for a leisurely weekend getaway.
Earlier , buying a car was a milestone in one's life as one had to shell out a huge amount of money, but now one can simply take a car loan , moreover one can easily get funds on his pre owned car by way of refinancing.
MARC Finserv is associated with market's major players of vehicle loans which includes the private banks and NBFCs. The car loan is offered with equated monthly installments which helps people to buy the new or used car without disturbing his monthly budget.
All the lenders are dealing into new as well pre owned cars however the loans are available with different parameters. We are here to help you in getting appropriate vehicle for you based on the requirements and would be happy to assist you by providing the customised deals on new vehicles and best value for your pre owned vehicles. We are also dealing into used vehicle loans since this consist a huge market in the vehicle loans in personal as well commercial vehicles.
So, don't wait to fulfill your dreams , we will assist you in choosing the right vehicle for you. Because we have a dedicated team for funding vehicle loans in MARC Finserv , you can rely us for finalising a vehicle loan deal with us.
Unsecured loans are the loans that are approved without the need of collateral security. Instead of pledging assets to lender,one can get the loans based on their income and repayment history. The credit team underwrites the client’s case based on ability to pay with his income documents and intention to pay with his past repayment history.
At times, these loans are called signature loans as your signature on loan agreement is all that you bring to the table. Yes there is a promise to pay but that promise is not backed up by any collateral security.
In current market there are personal loans which are availed by salaried employees and then there are business loans which are meant for self employed. The business loans are used for working capital or expansion in business where as the personal loan is used to meet current financial needs such as wedding, a vacation, a medical emergency and many more. An amount is paid to customer for a specific period . The loan amount is based on client’s requirement and his repayment ability.
The TAT for these cases are comparatively low and client can easily get funds in his bank account in five working days, also the documentation part is quite simple and loan tenure are as high as four years.
These loans are also known as instant loans as many a times the loans are pre-approved for selected customers and by providing minimum documents a client can get good amount with easy repayment terms.
MARC Finserv has already started serving the clients in this particular segment in entire state and joined hands with all lenders to provide the best services to clients. Besides Banks & NBFCs , there are online lenders available in the market who provide funds instantly. At MARC Finserv we understand your need and urgency for unsecured loans, and to cater the requirement we have formed a separate team for this product.