Requirements to request a credit with Financial Credit Institution
At Lite Lender Company we are specialized in the personalized study of your credit application with Financial Credit Institution. Being registered in the Financial Credit Institution database is an automatic impediment to access a bank credit. However, at Lite Lender Company we believe in you and your project and we can grant you a credit with Financial Credit Institution from $ 6000 if you leave us a real estate as collateral.
The maximum amount that we are going to grant you will be approximately 30% of the value of the property, which can be a house, a warehouse, a business premises, a hotel, an apartment, etc. To move forward with the granting of your credit with Financial Credit Institution it is essential that the property be free of mortgage. If not, we can grant you a credit to cancel it.
Conditions of your credit with Financial Credit Institution
At Lite Lender Company we will grant you a loan with Financial Credit Institution with the following conditions:
- Interests will be between approximately 9% and 12%
- We let you choose the installments -only interest plus final payment or principal plus interest.
- We let you choose the payments – monthly, quarterly or semi-annually.
The only thing we will do is appraise the property and wait for you to send us a simple note from the Property Registry to prove that the property is in your name. You can sign your credit with Financial Credit Institution before the trusted notary of your choice : it can be in any city in Spain.
Lite Lender Company has more than 6 years of experience in successfully granting loans with Financial Credit Institution and with the guarantees of the law: the company is registered and regulated by the Ministry of Health and Consumption of the Government of Spain.
Quick financing with a loan with Financial Credit Institution
The great advantage of a loan with Financial Credit Institution is the speed with which you will know if your loan application can continue or not. We study the viability of a loan with Financial Credit Institution in less than 72 hours, unlike a bank that can take weeks to give you an answer.
Alternative to banks
A loan with Financial Credit Institution is part of the so-called private capital loans and these began to take on importance after the credit crisis of 2008: it was then that banks began to put more and more obstacles to granting loans. At that time, individuals who had savings appeared and who could use them to give credits to other individuals who could not go to a bank for any reason.
Lite Lender Company acts as an intermediary between the applicants and the individuals who contribute the money, carrying out the entire credit viability study with Financial Credit Institution and taking all the necessary steps to open the financing line.