BETWEENHypothecation Loan Agreement • July 6th, 2005 • Silverleaf Resorts Inc • Real estate agents & managers (for others) • New York
ContractHypothecation Loan Agreement • October 4th, 2018
Hypothecation Loan is provided for the purpose of growth of a firm or company. This type of loan can be considered for SSI, other manufacturing and processing industrial unit to meet their need for establishment of new unit, purchase of plant and machinery. The loan can be considered against the hypothecation of plant and machinery and finished/semi-finished goods. Society considers a loan for up to 75% of the value of plant and machinery and stock. Wherever possible, land and building owned by the applicant/borrower shall be taken as collateral security by way of mortgage.
