Lease Rental Discounting (LRD)
Apply for Lease Rental Discounting and raise funds against the future expected/ current on-going rentals of your self-owned commercial property. Lease Rental Discounting is a loan against rentals receivable over a period of time from a self owned commercial property. The rent is considered the source of repayment, which is credited via an escrow account to the lender directly by the occupant over a stipulated lease period, generally that up to 10 years or lesser. This is referred to as the escrow account.
- Property should be occupied by the Lessee
- LRD can be provided for various personal requirements