{"id":6211,"date":"2023-01-10T17:35:45","date_gmt":"2023-01-10T16:35:45","guid":{"rendered":"https:\/\/grupodexter.com\/?page_id=6211"},"modified":"2023-07-27T13:07:59","modified_gmt":"2023-07-27T11:07:59","slug":"bridging-loan-for-construction","status":"publish","type":"page","link":"https:\/\/grupodexter.com\/en\/credito-puente-para-la-construccion\/","title":{"rendered":"Construction bridging loan"},"content":{"rendered":"
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Construction bridging loan<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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If you have in mind to build a big real estate project, a bridging loan for construction<\/strong> is one of the most favourable financing options that property developers can choose to carry out their project. This is possible because bridging loans provide the ease and speed that the construction sector demands.<\/p>

The Dexter Group offers bridging loans for construction:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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FROM 1.000.000\u20ac<\/b>
UNTIL 150.000.000\u20ac<\/b>

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WE FINANCE ALL TYPES OF URBAN DEVELOPMENT AND BUSINESS PROJECTS<\/span><\/p><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What are bridging loans for real estate under construction?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A bridge loan or loan is a transitional financing method that is requested in the short to medium term in order to provide immediate financing, before or between the processing of one or two longer-term loans, to real estate developers for the construction of housing, housing estates or multiple buildings.<\/p>

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In this type of credit, loans are temporary, for a specific amount and time as long as future income is solid and can be verified by the debtor. In short, the debtor must offer a guarantee of future income to ensure repayment of the loan.<\/p>

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A bridging loan to enter the real estate and construction sector is not only the right decision, but it will allow you to move forward more concretely and in leaps and bounds with your projects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What do they consist of?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A bridging loan is a short- and medium-term loan made before or between the processing of one or two long-term loans. This type of loan, although it can be applied for all types of projects, is an excellent option for the real estate sector.<\/p>

As mentioned above, a bridging loan is of a temporary nature, which is why most credit institutions grant a repayment period of between 2 and 5 years.<\/p>

Bridging loans tend to have stricter requirements as these operations require a higher risk on the part of the institution. The real estate developer applying for this type of financing must provide credit collateral. Such collateral, in the real estate sector, is usually in the form of future sales proceeds.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Requirements to apply for a bridging loan for construction<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Before applying for a construction bridging loan, it is essential to know the requirements of each institution. Dexter Global Finance bridging loans do not have a long list of requirements, making them the fastest and most flexible in the industry.<\/p>

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