Loans to an enterprise whereby the object of lien is often not in the hands of the borrowing enterprise but of the Director/Major Shareholder. The Loan will be concluded to generate “working capital” or to make a purchase.
The intention is to redeem this Loan as soon as a bank credit is available, by the sale of the object of the lien or by the sale of other investments from private source.
A B.V. that wishes to start a new production line, but has yet disposition over an insufficient Cash Flow.
The Loan will be concluded whereby a part of the real estate portfolio of the Director/Major Shareholder serves as object for the surety.
Abbreviated terms and conditions:
Scope From €250k to several millions.
Tenor Between 6 and 24 months.
Form Both first and second mortgage possible.
Interest rate From 0,75% per month, dependent on the subject of the surety and “Loan to value”.
Redemption Free of redemption during the tenor.
Signing fee: €650 + up to 2% over the used credit amount.