iCreator Financial Solutions Private Limited Rajendra Place, Delhi

A restructured or rescheduled account is practically a new loan replacing the older account. The purpose of restructuring of a loan is to accommodate the borrower who is in financial difficulty and unable to repay the loan as per repayment schedule. Restructuring of loans involve modification of terms and conditions of the loan usually with longer period for loan repayment with lower amount of installments to avoid defaults. Among other things in restructuring may be revision of rate of interest and securities. Normally, restructuring of loans takes place when a borrower approaches the bank for support in a condition where he is unable to repay the regular installments of loan due to cash-flow mismatch or other genuine financial issues. However, the bank considers such requests to restructure the loan only if it is convinced about the viability of the unit after restructuring and also existing stress in the loan can be addressed under suitable repayment package. Here the borrower has to provide satisfactory documents in supporting his/ her financial ability to repay loan to be considered for restructuring.

Project finance is the funding (financing) of long-term infrastructure, industrial projects, and public services using a non-recourse or limited recourse financial structure. The debt and equity used to finance the project are paid back from the cash flow generated by the project. Project financing is a loan structure that relies primarily on the project's cash flow for repayment, with the project's assets, rights, and interests held as secondary collateral. Project finance is especially attractive to the private sector because companies can fund major projects off-balance sheet.

A machinery loan helps you obtain financing to buy new equipment for your business. It helps you improve business productivity, without affecting normal operations. Bajaj Finserv offers unsecured machinery loans up to Rs.30 lakh with attractive features such as affordable interest rates, flexible repayment tenor up to 60 months, Flexi loan facility and special pre-approved offers. Learn more about the eligibility criteria and fees and charges applicable, before you apply for a machinery loan.

Loan Against Property (LAP) or mortgage loan is a type of secured loan offered by banks and Housing Finance Companies (HFCs) against commercial or residential property owned by the borrower. The amount, which is availed by keeping the property as collateral till the loan is fully repaid, can be used by the borrower for various purposes like expanding a business, funding children’s education, meeting medical expenses, and more. The maximum loan amount provided under LAP can go up to 70% of the property value. Along with being cost-effective, loans against property are reasonably convenient to avail and repay due to the relatively low mortgage interest rate.

A Home Loan is finance provided by a bank or a financial institution to enable its customers to purchase or construct or improve their homes. Buying a home could be one of the biggest achievements of a person's life. In most cases, it takes an entire lifespan to fulfil the dream of purchasing one's own home. Selecting the ideal property involves a lot of research and planning. Arranging funds is probably the toughest and the trickiest part of the process. You could dip into your savings for the entire payment or decide to get a Home Loan at a good interest rate. A decade or so earlier, borrowing from a bank used to be a cumbersome process but today financial institutions have simplified the entire Home Loan application and disbursement process. All leading financial institutions offer Home Loans with attractive interest rates, flexible repayment periods, quick turnaround times and unique product features. * Secured Loan * Interest rate starting from 8.8% * Maximum tenure up to 20 years * Maximum loan amount up to 10 crore * Quick approval and hassle free Processing * Flexible repayment options

The foremost priority of any entrepreneur is to see his/her business grow, expand and flourish. To fulfill this desire, business owners opt for business loans and meet their financial requirements. However, getting instant funds is not always possible, as banks and NBFCs take their time in deciding whether to sanction loan or not. Business loans are majorly availed for purposes like business expansion, purchase of machinery or plant, investment in infrastructure, hiring staff, maintain inventory, etc. Further we have discussed all the relevant aspects of business loan for in-depth understanding. Unsecured Loan Interest rate starting from 18% Maximum tenure up to 5 years Maximum loan amount up to 25 lacs Quick approval and hassle free Processing Flexible repayment optionsTop of Form Documents required :- Recent Passport-sized Photographs Identity Proof - PAN card, Aadhaar card, Valid passport, Voter's ID card, Driving License Address Proof - Voter's ID card, Aadhar card, Passport, Driving license, Utility bill, Water Bill, Electricity Bill Business Address Proof Proof of business existence for last 3 years Last 6 months' bank statement Last 3 years’ Income Tax Return (ITR) Balance sheet and Profit & Loss account statement Financial documents audited/attested/signed by Certified CA Copy of Trade License Sales Tax Certificate Certified Copy of Partnership Deed GST Registration Certificate Proof of ownership of the possessions used for business activities