About Construction Finance
Launched in the year 2016, the Construction Finance arm of ARGFL lends to real estate builders who are in need of funds to complete an ongoing project. We have presence in markets of Mumbai, Pune and Bangalore.
This division of ARGFL lends to Individuals, Proprietorship Firms, Companies etc. The product offered is secured against eligible acceptable collateral such as commercial/residential property or project receivables and cash flows.
C & F Capital of Construction Finance
Progressive Disbursement
Construction loans are typically disbursed in stages or "draws" as the construction project progresses. Borrowers must provide evidence, such as invoices and inspection reports, to verify that specific milestones have been reached before receiving the next disbursement.
Interest-Only Payments
During the construction phase, borrowers often make interest-only payments on the loan. This means they are only required to pay the interest that accrues on the amount disbursed, rather than repaying the principal balance.
Collateral
The property being constructed or renovated often serves as collateral for the construction loan. If the borrower defaults on the loan, the lender may have the right to take ownership of the property to recover their investment.
Our Key Product Features
PURPOSE OF LOAN
Construction/ Inventory Funding
LOAN TICKET SIZE
5 Crs to 25 Crs
TYPE OF FACILITY
Revolving Credit (OD facility)
TENURE
6 months to 3 years
PROCESSING FEES
Competitive Rate
INTEREST RATE
Competitive Rate
Features of Our Construction Finance Services
