Loans with immediate Financial Credit Institution
At Private Loan we respond to your request in less than 24 hours and carry out all the procedures (including signing the loan before a notary) within 5 business days on average.
Going to a bank to apply for a loan can mean several weeks of waiting until our application is approved. In some cases, especially if we do not have a credit profile that meets the risk standards set by that entity, our loan application will be rejected. If we also appear as delinquent in a database, how can Financial Credit Institution be, we will never be able to access that loan.
The way out of this situation is to go to private lenders, who can open financing channels through loans with immediate loans, accepting those customer profiles that banks reject.
Most of our immediate Financial Credit Institution loan applicants use the loan we give them to pay off all the debts that have led them to Financial Credit Institution and thus be able to go back to traditional bank financing.
Conditions of access to our loans with immediate Financial Credit Institution
At Private Loan we want to transmit transparency to both lender and borrower. For this reason, we require that all applicants meet two non-negotiable conditions in order to study their application for immediate Financial Credit Institution loans.
Have a real estate property
All the immediate loans with Financial Credit Institution that we raise are by means of a mortgage guarantee, that is, a real estate property acts as a guarantee for the loan that is delivered.
We accept real estate of any type and nature as collateral for our immediate loans: houses, apartments, apartments, commercial premises…
We just need a simple note from the Land Registry showing the details, financial charges and the name of the property owner, which must be the same as the one requesting the loan.
Request a minimum of $ 20,000
This minimum amount allows all of our immediate Financial Credit Institution loans to have a very competitive interest rate, which is between 9% and 12%, in addition to allowing the applicant not to have to advance any type of money.
Many professionals from sectors such as real estate, credit or finance intervene in the opening of all our loans with immediate financing. This minimum amount also allows us to defray your fees.
Total flexibility in our immediate Financial Credit Institution loans
We let the applicant choose the best way to repay his loan: the duration, the number of installments, the concurrence of payments (monthly, quarterly, semi-annually…) how to amortize it and if we see that his financial profile allows it, we can also study granting grace periods.
This great flexibility allows us to proudly say that we have never had to execute any mortgage collateral and all of our immediate Financial Credit Institution loans have been successfully repaid.