Lease Rental Discounting

We provide finance to property owners who have fixed rent receivables from corporate tenants. Discounted cash flow of rent receivables will be paid upfront at highly competitive rates.

Salient features

• The primary security is rent receivable from reputed concerns

Documentation

• Lease rental agreement between the property owner (borrower) and the tenant
• Power of attorney to receive the rent directly by MCSL
• KYC documents of the borrowing entity and all the signatories for the facility

Loan amount

• Rs. 5 lakhs to Rs. 50 lakhs

Period of loan

• One year to 36 months

Repayment

• Monthly rentals

FAQ

Q: Who can avail of the loan?
A: The product is designed to finance the business needs of:

• Individual/ sole proprietorship firms
• Partnership firms
• Private limited and public limited companies, who have rent receivables from reputed corporates in respect of property leased out to them

Q: What is the security?
A: The security is the rent receivable by the applicant in respect of landed property under the loan arrangement, the lessee will pay the rent directly to MCSL

Q: What is the Interest rate payable?
A: Depending on loan amount, credit rating and other parameters, attractive interest rate is offered