Maximize Your Projects with MyFinCorp Project Funding Loans

Project Funding For Builders

Seamless Financing for Your Projects

Fuel Your Construction Ambitions with MyFinCorp Project Funding Loans

At MyFinCorp, we understand the unique financial needs of builders and developers. Our Project Funding Loans are specifically designed to provide you with the financial support necessary to bring your construction and real estate projects to life. Whether you are developing residential, commercial, or mixed-use properties, our tailored loan solutions ensure that you have the resources you need at every stage of your project.

Why Choose MyFinCorp Project Funding Loans for Builders?

Tailored Financing Solutions: We offer customized loan options that cater to the specific requirements of construction and real estate development projects, ensuring optimal funding for your unique needs.
Competitive Interest Rates: Our attractive interest rates are designed to minimize your borrowing costs, enhancing the profitability of your projects.
Flexible Repayment Schedules: Choose from a range of flexible repayment terms that align with your project timelines and cash flow cycles, making repayments manageable and predictable.
Quick Approval and Disbursement: Experience fast and efficient loan processing with quick approvals and disbursements, ensuring your project proceeds without unnecessary delays.
High Loan Amounts: Access substantial funding amounts to support even the most ambitious construction and real estate projects, providing you with the financial strength to achieve your goals.
Comprehensive Project Coverage: Our financing solutions cover a wide variety of projects, including residential, commercial, and mixed-use developments, offering you the flexibility to pursue diverse opportunities.
Bridge Financing and Working Capital Support: Benefit from short-term bridge financing to cover interim funding needs and working capital loans to manage day-to-day expenses and operational costs.
Expert Advisory Services: Gain valuable insights and strategic advice from our team of financial and real estate experts, helping you optimize your project financing strategy and maximize returns.
Risk Management Solutions: We assist you in identifying and mitigating financial risks associated with your projects, ensuring stability and security throughout the development process.
Dedicated Relationship Managers: Receive personalized support from dedicated relationship managers who understand the specific needs of builders and developers, providing continuous assistance and guidance.
Transparent Processes: Enjoy clear and transparent loan processing with no hidden charges, giving you complete visibility and control over your financing arrangements.

11.0%

Interest Rate

Starts from 11% to 15%

75%

Loan Amount Range

Up to 75% on Property value

1.0%

Fees and Charges

Start from 1.0% to 2.0%

For Builder Profie

KYC: Applicant and Co-Applicant

PAN Card (Mandate)
Aadhar Card (Mandate)
Voter ID (optional)
Driving License (optional)
Passport (optional)
Latest Passport Size Photo

Income Proof Documents :

Income Tax Returns ( ITRs ) for the Last 3 years ( Along with Profit & Loss and Balance sheet and Computation of income)
Office or Shop Business Registration Certificate.
One year Bank Statement from personal a/c and Current Account
GST registration certificates, 1 year GST monthly returns (if applicable.)
Partnership deed in case of partnership firms (if the applicant is one of the partners).
Certificate of Incorporation in case of Limited or Pvt. Ltd Company (if the applicant is one of the Directors).

Property documents

Agreement of Sale
Mother link Document Copies of all, that can establish the chain of ownership for the past 20 years.
Building Construction Permission Plan
Encumbrance certificate for 20 years
Property tax paid receipt

A project funding loan for builders is a specialized financial product designed to provide funding for construction and real estate development projects. It allows builders to secure substantial funds for land acquisition, construction costs, and other development expenses.

Project funding loans offer several benefits, including: Access to high loan amounts suitable for large-scale projects. Competitive interest rates that reduce borrowing costs. Flexible repayment options tailored to project timelines and cash flow requirements. Expert advisory services to optimize project financing strategies. Quick approval and disbursement processes to ensure timely access to funds.

Builders can finance various types of projects, such as residential developments, commercial complexes, mixed-use properties, industrial facilities, and infrastructure projects. The loan is typically structured to meet the specific needs of each project type.

Eligibility criteria may include: A detailed project proposal outlining the scope, timeline, and budget. Builder's financial stability and creditworthiness. Compliance with regulatory requirements and approvals. Collateral or security based on the loan amount and risk assessment.

Builders can apply for a project funding loan by: Contacting financial institutions or lenders specializing in construction financing. Submitting a comprehensive project plan, including financial projections and feasibility studies. Providing documentation such as land titles, construction permits, and builder's credentials. Going through a thorough evaluation process that includes assessment of project viability, financial health, and creditworthiness.