FAQ

When approving a loan, the bank assesses your creditworthiness and depending on it you receive a rating. The rating is assessed at least once a year.

Depending on the rating, you receive the loan terms. When the bank assesses that its placement is relatively insecure, it asks for as many guarantees as possible for insurance.

So, at the time of approval of your loan, you had a lower rating and therefore additional insurance in the form of personal guarantees.

In addition to the rating, the terms of your loan are greatly influenced by your negotiating power and the business plan that you presented to the bank.

So, yes, you can change the terms of the loan, but you need to know how and when. And you need to take all the necessary steps before submitting the application to the bank.

We are experienced in this, we will do it all for you.

The terms of the loan depend on the state of the money market and your negotiating power.

It often happens that the client has a loan approved at higher interest rates than the current market rates. Refinancing of the unfavorable loan can be requested, in the existing bank or another bank.

You should be careful and take into account ALL the TERMS of the loan so as not to put yourself in a situation where you have a lower interest rate but with other less favorable conditions (repayment method, additional fees, guarantees, payment transactions).

Fees for early termination of the Contract are charged in accordance with the signed Contract, they often refer to the existing Tariffs in banks that are variable. Therefore, you should be careful when signing the Contract, while you are still in a negotiating position, if you cannot avoid it, ask for it to be as low as possible.

If the bank wants to charge you this fee, when refinancing with another bank, various ways can be agreed to cancel the amount of the fee you pay.

We help you with this. We do the entire refinancing procedure, the “Contract in hand” principle.

We analyze the entire offer of banks (we include all conditions and fees) before finally signing the contract with the bank.

The bank evaluates each loan and company and, in accordance with the company’s rating, in the case of a lower rating, requests additional security in the form of a mortgage on the property.

Also, investment loans should regularly have a mortgage as security.

There are several options for resolving this situation: by proving to the bank the quality of the company’s rating; by offering other loan instruments/conditions or by using the security of supporting institutions (HAMAG, HBOR).

We do everything necessary (with banks, HAMAG, HBOR), so that you do not have to mortgage your property!

This is a common challenge, the owner and CEO of the company are one person and they run the entire business. There is no CFO, because the owner is everything. They have an accountant and that’s all when it comes to finances. As the company grows, this becomes an impossible mission.

Hiring a quality CFO is difficult and expensive. And there are none on the market.

That’s why we’re here. We saw this shortcoming and offer the service of an external CFO.

The cost of an external CFO is far less than having a full-time employee and we perform all the tasks in the CFO’s domain.

What’s smarter? What’s being financed today? Where can I get a good loan?

Banks, HBOR, HAMAG, EU funds finance investments in tourism depending on the type of facilities (hotels, apartments, holiday homes).

You can get combined financing from commercial banks and support institutions (EU funds, HBOR I and HAMAG).

We have experience in these types of financing, of which there are many on the market, they depend on various factors and for someone who is not a specialist in them, it is difficult to find your way. That’s why we are here, we know the market situation. What works and what doesn’t.

You need project financing that will comprehensively finance the project as well as your customers.

Banks have elaborate project financing models that depend on the type of project, location and the investor.

We will take over the entire resolution in the banks and negotiate to provide you with the best conditions for your project.

You have a liquidity problem. You should carefully review your balance and clear everything in it.

We often encounter such questions. The solution is always an in-depth analysis of the balance sheet and then a series of moves (sale of inactive assets, write-offs) and most often: debt restructuring.

How is credit restructuring done? We make an analysis and submit it to the bank together with the request for restructuring. We are looking for a loan for you, the so-called Balloon, when a certain percentage of the principal is not repaid and only at the end of the repayment it is put into the next repayment.

Loan terms can always be changed, but you must prove to the bank the reasons and seriousness in your business.

You need to submit a quality request to the bank for changing the loan terms with an explanation and all supporting documents. The request should make it clear that you are responding in a timely manner and want to optimize your liquidity.

It is very important to respond in a timely manner, not when it is too late, when you are facing the threat of blockage!

Remember: bank registers record all your loan and leasing arrears!

The longer your arrears are, the harder it will be to resolve this situation.

We scan your finances, review and plan your liquidity. With regular monitoring, you can respond in a timely manner and request refinancing or new financing. We know how to write a request to the bank and defend it!