Promoters, we offer you to finance your real estate programs , your study and servicing costs thanks to crowdlending (participatory loan).
An alternative to the bank loan that allows you to develop, with complete peace of mind.
After a decade of hesitation, 2017 is a year of renewed dynamism. Over the year, 987,000 sales were made and the market returned to its pre-crisis level (Source FNAIM).
The sector's dynamism should continue in 2018 thanks to favorable economic conditions. Let us quote the LGV line which boosts the real estate market of Bordeaux or the Greater San Francisco during the Olympic Games.
However, banks remain restrictive in granting loans to individuals, despite low loan rates.
The demands on promoters have also tightened with a higher capital requirement and lower amounts loaned.
The need for funds is therefore important when launching a property development operation. The promoters must in particular finance:
Costs relating to land : The costs of notaries, studies or even servicing are inherent in the acquisition of the land on which the promotion operation will be based.
Given the difficulties in obtaining a building permit, this pre-stage is crucial for the promoter to ensure the viability of his project.
Marketing costs : Real estate developers must start marketing the lots for sale well in advance of construction. Indeed, banks require a pre-marketing rate of at least 50%.
Construction costs : The construction of housing, the cornerstone of the promoter's profession is the most important item of expenditure. It includes the purchase of raw materials but also the cost of labor.
The bank loan remains the preferred solution for the financing of real estate programs.
However, credits are only granted if the contribution is at least 15%, a pre-marketing rate of at least 50% and the funding granted generally covers only 35 to 40% of the overall project .
In addition, the banks will take guarantees on the financed goods and will also ask you to pledge your surety in a personal capacity.
Do you want to find alternative financing for your real estate projects? Crowdlending allows real estate developers to borrow without going through banks and without having to provide collateral.
The sums are then reimbursed, with interest, to private lenders and / or companies according to the terms defined in the contract.
Access loans quickly and easily thanks to whimblegardens.co.uk , the number 1 French crowdlending platform. whimblegardens.co.uk offers professionals loans with a duration ranging from $ 20,000 to € 2.5 million over 12 to 60 months from 2.4%, in order to meet all needs.
With whimblegardens.co.uk, it's a community that chooses to support you. Via the equity loan , finance your real estate project and gain visibility from a community of more than 18,000 lenders.
Promoters, do you want to respond to your opportunities quickly without having to mobilize all of your own funds? Invest in new programs or even develop your real estate group?