Around large non-bank loans

Non-bank loans against real estate collateral are an attractive offer where a business faces difficulties in obtaining a bank loan for various reasons.

Good perception

Increasing ethical requirements, the desire to remain at the forefront of the market, working on the basis of referrals, marketing, PR and advertising activities – these are just selected elements of the strategy of non-banking companies that treat high quality as the basis and key to success. – A cadre of lawyers, educated advisors, coming from the banking sector, who know the high expectations of customers, take care of the company’s image in order to attract customers, keep them and gain referrals, says Paweł Zieliński, Board Member of Alpha Credit main partner Top Advisor.

Good practice

It is a simple yet secure form of obtaining capital. Unlike a bank loan, loans are not earmarked; they can be used for any investment. – The safety and reliability of the loans are derived from the fact that the funds come from the lending company and it is powered by private investors. They are willing to make a financial commitment and, at the same time, stand by the high quality, as they are able to achieve rates of return higher than those on the market, emphasises Paweł Zieliński. Companies providing loans against real estate pledges do not reject applications from companies in a bad financial situation, as they mainly take into account the collateral for the claim, as well as the future profits that the entrepreneur will make once the investment goal is realised. The response time, i.e. the time from the submission of the application to the transfer of the money to the borrower’s account, is also much better (up to 24 hours) than in the case of banks. What matters here is the free access to funds, whether in terms of investment plans or getting out of a difficult financial situation.

A loan secured by collateral, that is…

This term indicates that the loan is secured by real estate, such as an apartment, house, commercial property, hotel, or wind farm. The loan company establishes a mortgage on this property, so essentially, we are dealing with a mortgage loan. The mortgage appears in the land and mortgage register maintained for the property (in section IV of the register). „Non-bank loans secured by real estate are characterized by great flexibility, which allows us to consider each client’s needs individually,” says Paweł Zieliński. All non-standard solutions that can serve as a guarantee for the loan are taken into account.

And profit?

Companies in the non-bank mortgage loan market obviously make money, but the point is to show how they make money. This issue is shaped by the code of ethics and, based on it, a transparent loan agreement. Before the transaction is finalized, important factors include: skillful assessment of the client’s financial situation, the proposed real estate collateral, and explaining the client’s rights and obligations arising from the transaction. There are instances when the transaction does not go through just before signing the agreement. If the client or the lender has doubts, the agreement cannot be concluded. After all, it is in the interest of both parties that the obligation is repaid. Only then does this business make sense.

In diversity, there is strength

Every client is different, and the non-bank market is extremely diverse. It is important for companies focusing on the mortgage loan market to lend funds in a way that ensures the client’s sense of security. This should be the main consideration when choosing a financing entity. A good decision means not only comfort for years, saving time and stress, but also changing the perception of loan companies.