Also known as property-backed lending, it is a type of financial solution wherein businesses (small to medium-sized enterprises) may access funds offered by the lender using their properties as collateral. Property-backed secured financing is typically used for various purposes like business expansion, real estate investment, and debt consolidation. The repayment terms vary depending on the lender, the amount disbursed, and the property’s value. Additionally, lenders usually also have a maximum Loan-to-Value (LTV) ratio, meaning they may not lend the full value of the property.
Property-backed secured finance comes with several benefits including potentially lower interest rates and larger financing amounts due to the involvement of collateral. But while the benefits are great, this type of financing solution also comes with risks. For instance, the possibility of losing the property through foreclosure, incurring additional fees, and facing restrictions on property usage.
Therefore, careful consideration of the risks and limitations is crucial before entering a property-back secured financing agreement.
Indonesia
Pemberi Dana
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+62 877 3751 1114
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+62 877 7873 6144
Penagihan
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Malaysia
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+603 9212 0208
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+603 2202 1013
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59200 Kuala Lumpur
Thailand
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+66 93 139 9721
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+66 62 197 8661
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Soi Chidlom, Ploenchit Road,
Lumpini, Pathumwan,
Bangkok, 10330
Vietnam
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(+84) 28 7109 7896
The Sentry P
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Thao Dien Ward, Thu Duc City,
Ho Chi Minh City, Vietnam
Dreamplex
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Trung Liet Ward, Dong Da District,
Hanoi, Vietnam
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Funding Societies is a SME Digital Financing Platform registered with Securities Commission Malaysia. It does not fall under the jurisdiction of Bank Negara Malaysia. Therefore, financing products of Funding Societies should not be constructed as business loan, SME loan, micro loan, term loan or any other loans offered by banks in Malaysia and it is to be deemed as an investment note as defined in the Guidelines on Recognised Markets.
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