Real Estate Financing

• Financing of commercial and residential projects
• Intended for sole traders and companies
• For construction and refurbishment of real estate intended for sale or lease
• Also available for refinancing existing loans for commercial or residential real estate generating rental income
• In general, this loan is secured by the financed asset
• Characteristics of development projects:
• • Development projects include the construction, refurbishment, remodelling/revamping or acquisition of real estate for the purpose of its resale or lease
  Classification of development projects by use:
  • Commercial
    • Logistics, warehousing or multifunctional premises
    • Business and retail complexes
    • Office buildings
  • Residential
    • Residential buildings/complexes
    • Detached and semi-detached houses
    • Other multifunctional premises with predominant residential space
• Select mortgage or investment loans that will allow you to finance large-scale investment projects
• Real estate funding can also be combined with mortgage loans provided to your customers
• Benefit from a “Current account for development financing” that allows you to monitor your revenue and expenditure associated solely with the development project – cash flow monitoring serves as a guarantee for future owners of the real estate
• Alternatively, we also offer guarantees for buyers

For the purpose of financing, you must present a loan application and the following up to date documents:

• Business plan, with a focus on budget expenditure/revenue and project cash flow
• Pros and cons of the project location
• Financial statements and loan security documentation
• Templates of agreements on future purchase contract (i.e. letter of intent)/lease agreement