Need funds but don’t want to sell your property? Lease Rental Discounting (LRD) is a great way to access the capital tied up in your property without losing ownership. With LRD, you can borrow money based on the rental income your property generates. At LoanPe, we offer flexible LRD solutions to help you meet your financial needs while keeping your property intact.
What is Lease Rental Discounting (LRD)?
Lease Rental Discounting (LRD) allows property owners to get a loan using their rental income as collateral. If you own a commercial or residential property and are receiving regular rent from tenants, you can use this income to secure a loan. The loan amount is calculated based on the future rent expected from your property.
How Does It Work?
- Own a Property: To apply for an LRD loan, you must own a property that is rented out.
- Lease Agreement: Your property should have a valid lease agreement with a tenant.
- Loan Amount: The loan amount is determined by the discounted value of future rental income.
- Repayment: The rent from your tenant is used to repay the loan in EMIs.
Benefits of Lease Rental Discounting
- Immediate Access to Funds: You can quickly unlock the capital tied up in your property.
- Keep Your Property: There’s no need to sell your property; you continue to own it.
- Flexible Repayment: The rent you receive helps in paying back the loan.
- High Loan Amount: You can borrow a significant amount depending on the rental income.
Eligibility for LRD with LoanPe
To qualify for LRD with LoanPe, you need to:
- Own a property (commercial or residential).
- Have a valid lease agreement with a tenant.
- Ensure the rental income covers the loan amount comfortably.
Why Choose LoanPe for Lease Rental Discounting?
At LoanPe, we offer personalized LRD solutions to help you meet your financial goals. Here’s why we stand out:
- Fast Approvals: Get your loan processed quickly.
- Transparent Process: No hidden charges or surprises—just clear, straightforward terms.
- Flexible Options: We offer customizable loan amounts and repayment options based on your rental income.
How to Apply
Visit www.loanpe.com to learn more and start your Lease Rental Discounting application today. Our experts are here to guide you through the process and help you get the funds you need without losing ownership of your property!
