Receiving a loan from a bank is connected with the necessity of meeting many conditions, such as impeccable credit history, having adequate collateral or own contribution. Lack of one of these elements may cause the bank to refuse financing. In such a situation, one of the alternative solutions is to take out a loan against real estate. Is it worth using the loan fund offer?
BASE LOAN – WHAT IS IT?
It is worth remembering that a loan against real estate is not the same as a mortgage – it is taken to buy a given property. In the case of a loan against real estate granted by a loan fund, the condition for obtaining financing is the possession of a real estate agent who will provide the loan company with collateral and a guarantee that the money will be returned on time.
REAL ESTATE LOAN – IS IT SAFE?
Currently, more and more reliable loan funds are appearing on the market, which offer similar products to those offered by banks, with the difference that they are also intended for people in financial difficulties. This form of financing has gained a lot of supporters in recent years. Of course, you should be careful when choosing a lender and check it before submitting your application, among others in terms of entry in the KRD, read the opinions available on Internet forums about it. A reliable financial fund can also be recognized by the way it verifies the potential customer’s situation – if, despite the fact that the formalities are kept to a minimum, it is quite insightful, it means that it wants to be sure that the borrower will cope with the repayment of the debt.
REAL ESTATE LOAN – BENEFITS
A real estate loan is a good idea for people who, for various reasons, cannot count on getting financing from a commercial bank. What advantages does such a product have? Among them you can certainly mention:
- minimizing formalities,
- flexible and tailored terms of repayment,
- short time from submitting the application to the receipt of funds from the loan on the account,
- accessibility even for people in financial difficulties.
LOAN UNDER REAL ESTATE IN SUPRA CASS COMPANY
The Supra Cass Company loan fund offers beneficial real estate loans for companies. Financing is provided for a standard period of 12 months, but with regular repayments, the contract may be extended. Loans from the Supra Cass Company loan fund are granted in the amount of PLN 30,000. up to PLN 5 million, regardless of the credit history or current debt of the loan applicant. The security in this case can be real estate – a house, flat, other premises or plot in a suitable location. By limiting the formalities to a minimum, the loan can be paid out within 24 hours, which will allow for quick settlement of urgent repayments and to maintain financial liquidity.