My property is leased
Rented to a creditworthy tenant? Lease rental discounting turns that rent into upfront, long-tenor capital — usually the larger, cheaper option.
Explore LRD → Two ways to borrow against commercial property.
Commercial Property Loan
Raise capital against an office, shop, warehouse or mixed-use asset — without selling it. If it’s leased, lease rental discounting usually raises more; if it’s owned, a loan against property fits. We assess your asset, pick the structure that raises the most, and run banks and NBFCs against each other. CA-led. ₹4,250 Cr+ mobilised since 2011.
LRD & LAPWe run all lendersCA-led, senior-led
A track record since 2011, in numbers
₹4,250 Cr+
Capital mobilised across sectors₹550 Cr
Largest single facility structuredBanks & NBFCs
Run in competition for your fileSince 2011
CA-led, senior on every fileA "commercial property loan" isn’t one product — it’s a choice between two. The single biggest factor is whether the property is leased and rent-yielding (then lease rental discounting is usually larger, longer and cheaper) or owned and self-used (then a loan against property fits). Choosing right — and running the lenders in competition — is where the value is.
Finnova Advisory is an advisory firm — we structure the file and negotiate terms; the lender sanctions and disburses.
Which structure fits
LRD vs Loan Against Property — at a glance
Both raise capital against commercial property, but they’re underwritten differently. If the asset is leased, LRD usually wins on size, tenor and rate.
FactorLease Rental DiscountingLoan Against Property
Loan sized against LRDThe rent (PV of contracted rentals) Loan Against PropertyThe property’s market value
Repaid from LRDEscrowed rent — self-liquidating Loan Against PropertyYour own business cash flows
Property must be LRDLeased & rent-yielding Loan Against PropertyOwned (self-occupied or vacant ok)
Typical LTV LRD60–75% (capped by rentals) Loan Against Property40–75% of value
Indicative rate LRD~8.75–12% Loan Against Property~9.5–14%
Tenor LRDMatches the unexpired lease Loan Against PropertyUp to ~15 years
Best for LRDOwners of leased commercial property Loan Against PropertyOwners borrowing against an owned asset
Indicative (2026) — actual terms depend on the property, lease/tenant and lender. Go deeper: lease rental discounting, loan against property, or our guide LRD vs Loan Against Property.
Pick your path
Start where your asset is
Why Finnova
The neutral desk for property-backed capital
Four reasons owners run the mandate through us instead of one bank.
Right structure first
We pick LRD or LAP on the numbers — whichever raises more on your asset — before any application goes in.
We run all lenders
Banks and NBFCs put in competition for rate, LTV and tenor — not a single relationship application.
Maximise the draw
We structure the lease, escrow or valuation case to underwrite the largest facility at the keenest rate.
CA-led, end to end
Assessment, valuation, sanction negotiation, documentation and disbursement run by one senior desk.
Consultation
Tell us about the property
One conversation tells you which structure raises more, the indicative size, the right-fit lender and the timeline. No pitch — a straight read from people who arrange property-backed capital every week.
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FAQ
Commercial property loans, answered
It is any loan raised against commercial property you own. There are two main structures: lease rental discounting (LRD), where the loan is sized against the rent from a leased property and repaid via escrowed rent; and a loan against property (LAP), where the loan is sized against the property’s market value and serviced from your own cash flows. Which one raises more depends on whether the property is rented.
If the property is leased to a creditworthy tenant on a registered, multi-year lease, LRD is usually larger, longer-tenor and cheaper, because repayment rides a contracted rental stream. If the property is self-occupied, vacant or let informally, a LAP against market value is the route. We assess both and tell you which raises more on your asset before approaching a lender.
Offices, retail and shops, warehouses and logistics, and mixed-use commercial space. For LRD the property must be rent-yielding under a registered lease; for LAP it can be owned and self-occupied or vacant. Clear, marketable title is essential in both cases.
Indicatively, LRD runs ~8.75–12% p.a. at 60–75% of value (capped by the rentals), with the tenor matched to the lease; LAP runs ~9.5–14% at 40–75% of value, up to ~15 years. Exact terms depend on the property, lease/tenant and lender — we confirm the figures after diligence.
We are an advisory firm, not a lender. We assess the property and choose the right structure, run a competitive process across banks and NBFCs, and negotiate rate, tenor, LTV and security — the lender sanctions and disburses.