"Different funds and investment groups are filling the gap left by the banks in financing developers".
It can be inferred, given the volume it has reached, that alternative financing with private capital has definitively established itself in Spain. And this, after approaching a 20% market share, and growing.
Increasingly, entrepreneurs are not only turning to it, but are also immersed in its culture, and this means that they are perfectly aware of the conditions and advantages of its operations, which are characterised by speed, transparency, proximity to the customer and, extremely important in the business world, flexibility.
Given the tougher requirements of financial institutions to facilitate access to loans for developers (no land financing, more than 50% of pre-sales required...), different funds and investment groups are filling the gap left by the banks when it comes to financing developers, who, in turn, see these new operators as their only option for continuing their activity.
It is here that DEXTERas a leading company in the field of financial management and intermediation, plays a fundamental role in the sector. Its commercial director, Guillermo Díaz, points out that "Developers and builders are discovering that, given the bureaucracy and the bottleneck that has been generated in the granting of credit by traditional banks, they have to move, they cannot let a project to which they have dedicated time, the work of teams, their own resources... and, of course, illusion, fall into paralysis or failure; this is what we understand and understand from DEXTER, facilitating their access to private capital in an immediate way to cover their needs".The company's executive, who points out that "We always work on tailor-made products, with a real personalised service that is, above all, resolute"..
