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01 Feb Ecobanka, New Alternative Financing Promoter
Ecobanka presents the new corporate financing for real estate projects 2022.
Do you have a real estate project and need alternative capital?
At Ecobanka we have new alternative capital programmes for the developer. They are focused on the development, urbanisation and construction of new real estate projects.
We achieve higher leverage levels than traditional financing and more moderate pre-sales levels, allowing for a more efficient diversification of capital while maximising the profitability of both the project and the developer's equity. Main terms and conditions:
- LTV: Between 50% and 75%, appraised value of assets.
- LTC: Between 60% and 90%, construction budget value.
- Amount: Between 600,000 E and 45,000,000 E.
- Opening expenses: Between 0.25% and 2.00%.
- Period: Maximum 36 months.
- Capitalisation of interest: Monthly.
- Interest rate: Between 0.165% and 0.675%, monthly.
At Ecobanka, the types of assets that can be financed are traditional residential projects for sale (Build to Sell), rental asset projects such as Build to Rent, tourist flats, logistics, senior living, coliving and the development of traditional industrial-logistical-technological projects.
We have excellent expectations for the sector in 2022. We have funds in excess of a €500 million investmentto offer developer loans and alternative financing for developers with different levels of risk, tailored to each project.
Ecobanka, access to direct alternative financing through Ecobanka Fintech , Myneofintech. You can access it below: Myneofintech.
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