Financial credit is specialized in loans between individuals. Our private lenders with Financial credit institution are willing to provide financing to those individuals and companies that cannot go to a bank.
Private lenders with Financial credit institution
Many people ask us how it is possible that we continue to finance people, companies and entities that have a high delinquency profile and that are even registered with Financial credit institution or Rai. The main reason is that Financial credit is much smaller than a regular bank, so we are much more flexible regarding the type of customer profile that we can accept.
Conditions of access to our services from private lenders with Financial credit institution
Financial credit makes access to our financial services very simple through private lenders with Financial credit institution. Applicants who contact Financial credit only have to fulfill two conditions.
Request a minimum of $ 20,000
This minimum amount is the one that allows us to offer loans between individuals with one of the lowest interest rates in the entire market . All of our loans have an interest rate that ranges between 9% and 12%.
This minimum amount also allows us to ensure that the applicant should not deliver money to meet the expenses related to the study processes and opening of his loan.
Have a real estate property
Our private lenders with Financial credit institution want to make sure that their money is guaranteed and that they will not lose the investment, so the main guarantee they request is that the applicant have a real estate property that they can use as collateral.
It can be a real estate property of any type and nature, as long as it is free of financial charges (if it were not, we can assess the possibility of expanding the loan to cancel them). We just need a simple note from the Land Registry where the name of the owner (which must be the same person who makes the request) appears along with the other details of the property.
Financial credit has an infrastructure, as we have said, much lighter and more agile than a bank, so that we can be much more flexible accepting customer profiles that banks would not accept and also greatly facilitating the conditions for repaying our loans.
Applicants can choose to repay their loan from 1 to 10 years, they can choose the periodicity of payments and installments, and also the type of repayment (French or linear installments or American or interest installments plus final payment of principal). Our goal is never to execute the warranty, but to ensure that the transaction is successfully closed.