Warehouse Loan
Warehouse loans are a specific type of commercial financing for industrial facilities. We offer warehouse mortgages for a variety of scenarios, such as purchase, acquisition and development, refinance, and cash-out refinance. Many kinds of warehouses exist and can be covered by such a loan, including light industrial warehouses, cold storage warehouses, retail warehouses and wholesale distribution centers. Warehouse construction loans are also available if a borrower is planning to build a new warehouse facility.
Posiitive Ally can structure the financing on all types of warehouse properties. Our financial team will work with you to prepare a loan package and obtain competitive rates and flexible terms to meet your investment goals.
Warehouse financing can be used for the following purposes
- Purchase
- Refinance
- Refinance to get cash out of the property
- Acquisition and development
- Construct or build one
- Rehab and/or remodel
Features & Benefits
- Easy application process
- Minimal documentation is required to avail a loan.
- Exclusive offer of Balance Transfer.
- It is an excellent source of emergency funds
Who Can Apply For Warehouse Loan?
- Resident Type: Resident Indian
- Minimum Age: 25 years
- Maximum Age: 70 years
- Stable income
EMI Calculator
You can use the EMI Calculator to calculate your monthly installments way before you apply for a loan and have a definite estimate of your monthly payments well in advance.
Documentation Required for Warehouse Loan
Following are the documents you would need to submit for all applicants / co-applicants along with the photograph for the loan approval
Salaried individual
| KYC – Applicant & Co-Applicant |
|---|
| Photograph of Applicant & Co-applicants |
| Identity proof of Applicant & Co-applicants |
| Address proof of Applicant & Co-applicants |
| Income Proof of Main Applicant ( PDF Format ) |
| Last 3 months Salary Slips |
| Form 16 with Part A & B |
| Bank Statement of that account in which last 6 salaries credited (updated 8 months statement in PDF format ) |
| Other Documents ( PDF Format ) |
| Current loan SOA if any |
| Ownership Proof if required* |
| Property Papers ( PDF Format ) |
| Photocopy of draft sale deed and chain title documents |
| Builder buy agreement( For direct Allotment) |
| Authority approved Sanction letter |
| No objection certificate from the society and other documents as per legal report |
Self-employed individual
| Sole Proprietorship | Pvt. Ltd. | Partnership |
|---|---|---|
| KYC - Applicant & Co-Applicants | ||
| Photograph of Applicant & Co-applicants | Photograph of Applicant & Co-applicants | Photograph of Applicant & Co-applicants |
| Identity proof of Applicant & Co-applicants | Pan card of the company | Pan card of the company |
| Address proof of Applicant & Co-applicants | List of directors on shareholding pattern-certified by CA | Partnership Deed |
| Business vintage proof | Business vintage proof | Business vintage proof |
| GST registration | GST registration | GST registration |
| Article of Association and Memorandum of the company | Identity proof of all partners | |
| Identity proof of all directors | Address proof of all partners | |
| Address proof of all directors | ||
| Income Proof - Certified by CA | ||
| Last 3 years Financials - Attested By Proprietor/Director/Partner | ||
| Income Tax Return | Income Tax Return | Income Tax Return |
| Computation of Income | Computation of Income | Computation of Income |
| Balance Sheet | Balance Sheet | Balance Sheet |
| Profit & Loss | Profit & Loss | Profit & Loss |
| Creditors & Debtors | Creditors & Debtors | Creditors & Debtors |
| Complete all Audit Report | All Director's Report | Complete all Audit Report |
|
Complete all Audit Report |
||
| 26 AS | 26 AS | 26 AS |
| GSTR-3B (updated one year)* | GSTR-3B (updated one year)* | GSTR-3B (updated one year)* |
| One year Bank Statement of Saving & Current accounts | One year Bank Statement of current accounts | One year Bank Statement of current accounts |
| (In PDF Format) | (In PDF Format) | (In PDF Format) |
| All Directors | All Partners | |
| Income Tax Return | Income Tax Return | |
| Computation of Income | Computation of Income | |
| 26 AS | 26 AS | |
| One year Bank Statement of Saving accounts | One year Bank Statement of Saving accounts | |
| (In PDF Format) | (In PDF Format) | |
| Other Documents | ||
| Current loan SOA if any | ||
| Ownership Proof * | ||
| Property Papers | ||
| Photocopy of draft sale deed and chain title documents | ||
| Builder buy agreement( For direct Allotment) | ||
| Authority approved Sanction letter | ||
| No objection certificate from the society and other documents as per legal report | ||
All documents to be self attested. The above list is indicative in nature and additional documents can be asked for.
For quick apply to send all documents in PDF format to our email info@positiveally.in
Reasons to Avail Warehouse Loan with Posiitive Ally
- Connected with top Private and nationalized banks & NBFCs, which helps you to get market’s most attractive & affordable loan.
- Enjoy the hassle-free experience with minimal documentation, doorstep document pick up at your desired location.
- Provide pre-loan & post loan support with advisory services.
- Quick turnaround time and complete secure process.