Term Loan also known as Loan Against Property or LAP. It is considered as a secured loan. Being guaranteed in lieu of a property being mortgaged to the lender. When you own a property with a good valuation, then you need not sell it. Instead, you can mortgage it and get that liquidity. You get to use the property and also enjoy the liquidity. This kind of loan sanctioned against an immovable asset like a house or a commercial property. The lender keeps the papers of the asset as collateral until the borrower repays the total loan amount.

The Term Loan or LAP is can be obtained against:

• Self Occupied Residential Property
• Unsecured Corporate Finance.
• Vacant Residential Property
• Hospital
• clinic
• Hotel
• Non Agricultural (NA) Land
• Commercial Properties
• Industrial Ware House
• Industrial Land

Mortgage Loan can be used for the following:

• Business expansion
• Matrimonial Ceremonies
• Child's Higher Education
• The Dream Vacation
• Costly Medical Treatments
• Working Capital
• Purchase of new machinery and equipment

There are so many options to choose from. Get in touch with LoanOnClick for the getting a Term Loan from reputed financial institutions. You never have to worry about the liquidity crunch again! Contact for our door step services and get your loan without any hassles.

Just fill in your details and click the submit button. Our business executive will get in touch with you and help you with the loan.