Real estate developers turn to alternative finance

            It is not a definitive farewell to banks, but it is a dynamic that has gathered enormous speed throughout Europe and in Spain, certainly in the last decade. Real estate developers are betting on alternative financing. The scenario in which they find themselves is very clear: on the one hand, they have ample business opportunities with the resurgence of real estate value and the need for new housing stock and, on the other hand, they must face the tightening of banking conditions, even with the refusal of traditional financing.

This is where they are looking at private equity financing. "a key". towards the success of its projects, not only in terms of efficiency but also in terms of agility, flexibility, immediacy in obtaining resources... DEXTER not only works with conventional developer loans, starting at one million euros, but also offers numerous possibilities for bridging loans designed to cover specific milestones in any real estate project, especially in the residential sector.

From the company's Commercial Department, its director, Bruno Asencio, points out that "It is a conviction that the developers and builders themselves have reached through the facts; they no longer look to us as a second option when the bank falls down, but they knock on the door for the first time because they are clear about all the advantages we offer compared to the old financial models of banks or savings banks"..

In short, it is "of tailor-made financing".This also allows them to maintain a great deal of control over the project and the business, beyond the logical supervision and accompaniment provided by the large and specialised professional team at DEXTER. Success, as Asencio points out, "It is not only about being able to provide the capital to the entrepreneur, but much more about being able to complete his project efficiently and to pay it off, to the benefit of all parties, ultimately all the partners"..