Such loans are useful in case you want to raise capital to expand your business, or for debt consolidation, construction of other building, fresh investment, etc. To put it simply, it is an easy way to unlock the hidden equity in your property holding.
For those who have rental income and want to raise a lump-sum amount to meet their medical or other personal expenses, Lavish Easy can organize loan against future rental income on the basis of a tri-partite agreement between the property owner and principal borrower, the lending bank and the tenant.
Such kind of lending as mentioned above is also referred to as Lease Rental Discounting where it is considered as a term loan against Rental receipts that are derived from lease contracts of the property. Such loans are based on the underlying value of a property and the discounted value of Rentals.