Skywing Cash & Carry Micro LAP: Quick Funds from Your Property
Need fast access to funds without selling your assets? Skywing Capital’s Cash & Carry Micro LAP lets you unlock the hidden value of your residential or commercial property—quickly and efficiently. Designed for individuals, self-employed professionals, and small business owners, this Loan Against Property solution offers funding between ₹10–50 lakhs with minimal documentation, flexible tenure, and speedy disbursal. Whether it’s to cover business expansion, education, medical needs, or urgent working capital, our Micro LAP gives you the financial freedom to act when it matters most—without disrupting ownership of your property. At Skywing Capital, we make liquidity easy, practical, and fast.
Program Overview & Purpose
By mortgaging their residential or commercial property, small business owners in Hyderabad can access ₹10 L to ₹50 L through Skywing’s Cash & Carry Micro LAP. The program is intended for business owners looking for rapid capital infusions, such as salons, kirana shops, and MSMEs. Interest rates are significantly lower than those of unsecured credit, starting at about 9.5% p.a. Loans can be used for renovations, seasonal stock replenishment, inventory purchases, and business expansion. Borrowers can access structured, collateral-based funds while maintaining complete operational control and property ownership.
Loan Amount, LTV & Eligibility
With a conservative Loan-to-Value (LTV) of roughly 70–75% of the property’s value, loan amounts range from ₹10 lakh to ₹50 lakh. Candidates between the ages of 21 and 70 who are self-employed or salaried and have valid property titles are eligible. In order to improve loan terms, co-applicants such as parents or spouses are encouraged, and income verification requires KYC, bank statements, and ITR/GST documents. Because of this, a wide range of small business owners can use the Cash & Carry LAP.
Interest Rates & Tenure
The loan has a competitive interest rate that starts at about 9.5% per annum, and the final price depends on the collateral and credit profile. Repayment terms ranging from three to ten years are available to borrowers, providing them with the flexibility to match EMIs with the cash flows of their businesses. Longer tenures are better for companies with seasonal revenue because they lower monthly outflows.
Simplified Documentation & Fast Approvals
The focus of Skywing’s Cash & Carry model is speed and ease of use; only necessary documents, such as a property deed, PAN or Aadhaar, and ITRs or bank statements, are needed. Within two to three days, the property is evaluated in the field, and loans are normally disbursed seven to ten working days after application (skywingloans.com). This simplified procedure is designed for speedy turnaround, which lessens hassle for time-pressed small business owners.
Disbursement Modes & Repayment Options
Funds can be disbursed to borrowers in one lump sum or in a flexible Cash & Carry overdraft arrangement that permits several withdrawals as required—perfect for sporadic working capital needs. Equated Monthly Instalments (EMIs), which can be set up through standing instruction or NACH, are used for repayment. Prepayment options are available, and early repayment of fixed-rate loans carries only partial fees.
Fees & Additional Costs
In addition to valuation and legal fees, the program entails a processing fee of 2–2.5% + GST. Although prepayment is permitted, depending on the loan structure, partial foreclosure fees of 2% to 4% may be incurred. Transparency and upfront cost planning are ensured by no hidden fees, which facilitates budgeting.
Ideal Use-Cases for Borrowers
- Bulk inventory purchases (₹10–30 L) for kirana or grocery stores
• Seasonal stockpiling up to ₹50 L during festivals or events
• Shop fit-out or renovation (₹15–25 L)
Buying equipment (₹20–40 L) to increase production capacity and refinancing high-interest debts into manageable EMIs
Risk Mitigation & Best Practices
Despite providing reasonably priced funds, this loan is secured by real estate, which means that defaults could result in foreclosure. For better eligibility and rates, borrowers should include co-applicants, keep conservative LTVs, and aim for EMIs under 30% of monthly turnover. To ensure repayment capacity, funds should only be used for needs that generate revenue.
Competitive Edge vs. Other Lenders
Skywing’s Cash & Carry Micro LAP offers longer tenures, structured repayment, and lower interest rates than unsecured business loans that charge 18–36% annually. Skywing’s starting rate of 9.5% is significantly lower than comparable LAP offerings. Compared to traditional bank schemes, faster valuation and local Hyderabad-based teams allow for quicker decisions.
Sample Borrower Story: ₹20 L Loan
Take Raju, who owns a kirana shop in Uppal: He chooses a seven-year tenure and keeps EMIs within monthly turnover, securing a ₹20 L LAP to stock up before Diwali. He is eligible for a 9.5% rate and quick approval with his wife as a co-applicant. As an example of how Cash & Carry LAP supports microbusiness resilience, the overdraft drawdown enables him to access funds as needed, enhancing business liquidity and establishing credit.
For More Information:
Call Us : +91 – 9392211976 , 7207531976
Email : admin@skywingloans.com
Visit Us : www.skywingloans.com
