Illes Balears
Business finance in Palma
Property-backed finance for businesses, property companies and developers. From €25,000.
LOCAL CONTEXT
Your project in Palma.
A Palma project combining purchase, refurbishment and operation needs three distinct phases. Seasonal income requires a plan covering opening and quieter occupancy periods.
WHAT TO CHECK
Confirm permitted use and required authorisations before relying on operating income.
FINANCE OPTIONS
Three ways to approach it.
The use of funds and repayment source help determine the structure. These are options to assess for your project in Palma.
1
Commercial mortgages
Finance the purchase of the retail unit, office or industrial premises your business needs.
2
Property holding company finance
Finance new investments or release liquidity against your property holding company’s assets.
3
Private development finance
Structure development finance around the project stage: land, initial works, construction in progress or completed homes.
GETTING STARTED
What we need to assess it.
1
How much you need
Separate purchase, building work, expenses and liquidity to explain net funding needs.
2
Your collateral
Give the exact location, asset type, ownership, occupancy and estimated value.
3
How it is repaid
Explain repayment from trading, rent, sale or later financing, with expected dates.
4
How to contact you
Leave an email or phone number. You can start without uploading documents.
An existing valuation, registry note or project budget can speed up assessment. If unavailable, an estimated value lets us start.
Common questions.
Do you assess projects in Palma?
Yes. Submit your project in Palma using the form and we coordinate it remotely. Valuation and any in-person steps are arranged for each file. This page does not identify a local branch.
Must the collateral be in Palma?
The property does not have to share the business address. State its exact municipality and owner. Eligibility depends on the asset and the funder.
What cost and term could my project have?
Rates, terms and percentages are not set by city. They depend on the property, charges, amount and repayment. There is no assessment fee; brokerage fees are disclosed in writing and become due on completion.
Photograph and licence
Thomas Wolf, www.foto-tw.de · CC BY-SA 3.0 de · Resized image, cropped on screen.
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