Credit products
Bridge Loans
Loans are given for a period of up to 5 years for various purposes. The credit is given in a flexible transaction structure adapted to the customer’s repayment ability.
Prerequisites for obtaining a loan:
1. Personal guaranty of the debtor (sometimes also a third-party guarantee).
2. First lien on a real estate property in relation to a collateral debt that does not exceed 60% of the value of the property.
3. The source of loan repayment is known and/or planned in advance.
Financial Escort of Purchasing Groups
Loan to finance the construction of purchasing groups throughout the country:
Prerequisites for obtaining a loan:
1. First and only lien on the project.
2. Land purchased with the equity of the buyers.
3. Providing credit according to the rate of project progress (0 report).
Complementing equity capital to purchase asset
Solo loans of up to NIS 200,000 or 15% of the value of the property, whichever is lower:
Prerequisites for obtaining a loan:
1. Providing credit in a convenient layout to complete the purchase of a real estate property.
2. The product is mainly adapted as a marketing aid for entrepreneurial/contracting companies.
3. No credit will be given higher than the equity provided by the customer.