Financing that suits John's needs

After a successful (international) career, John (55) recently retired from employment and is currently working full-time for a foreign client on a self-employed basis.
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Entrepreneur John speaks
“We were at the notary in no time to get the financing through.”

John only recently started as an entrepreneur.

After a successful international career, John age 55, recently commenced working full-time for a foreign client on a self-employed basis. He also started building a dream house with his wife. But the construction of the house turned out to be more expensive than anticipated (as is so often the case), so they got into trouble with the budget.

Because investors are (were) mostly entrepreneurs, my situation was valued

Despite the generous compensation he receives from his client, John wasn’t eligible for an increase on the mortgage with his bank. They explained he’d only recently started and receiving his compensation in dollars was also a problem. John and his wife had hit what seemed to be an insurmountable brick wall.

But because the couple owns an apartment, Briqwise was able to offer a solution in the short term.

John explained: “After submitting the necessary documents and a personal introduction, I quickly received a quote from Briqwise. The interest was affordable and the repayments flexible – which greatly reduced the financial pressure we were under. The information memorandum that was to be sent to potential investors reflected our situation realistically and accurately. And because investors are often entrepreneurial by nature, they could see value in my situation. My wife and I were soon at the solicitor to receive the financing. Now we can finish our dream home to the standard we imagined and the Briqwise investor has an investment with good security and equally good return. Both parties win as a result. ”

Jij brengt de ambitie,
wij de financiering

Van vastgoedproject naar realiteit: snelle financiering tot €5 miljoen,
persoonlijke aanpak, en expertise die het verschil maakt
Start meteen

Veelgestelde vragen over zakelijke hypotheken

What documentation do I need to provide?

Initially, you provide the most important information about the collateral to be financed and the desired loan amount via the application form.

After that, we need more information from you, such as:
 * A valuation report prepared by a certified appraiser
 * Copy of ID
 * Lease agreements (when the property is rented)
 * Purchase contract (upon purchase)

Are you applying for funding through your company? Then we need more:
 * Recent financial statements

What are the costs of an application?

More details about the costs can be found on our rates page.

How long does a journey via Briqwise take?

You will always receive an indication of the feasibility and financing conditions within 24 hours. We will then complete the file and will be happy to schedule an appointment with you afterwards. The sooner you provide the necessary documentation, the faster we can switch. Our internal review takes 2 business days. After that, you will receive our Consent Letter, or the quote. Once you have signed this letter, we will approach our investor pool. Most applications are claimed within a few days. Has the investor legally confirmed his claim? Then we send the file to the notary.

What information do investors see?

At Briqwise, we draw up a so-called Information Memorandum. In this document, we write about the funding goal, the collateral, your background as an entrepreneur and the repayment capacity. We also add a good photo and the terms and conditions of the financing. This Information Memorandum can request investors who are interested in providing the funding. Approval of this memorandum takes place while signing your Consent Letter.

The information in the memorandum will not appear on our website and can only be requested by investors who are connected to the Briqwise platform.

Can my financial advisor or intermediary submit an application on my behalf?

Definitely! Intermediaries that are known to us can submit a financing request via the intermediary portal. Is this the first time that your advisor works with Briqwise? Through our brokers page he or she simply creates an account.

What types of properties can be financed?

Whether properties for rent, properties for personal use or a combination of both: they are all welcome at Briqwise. (Commercial) homes, business units, office buildings, recreational real estate, hospitality properties, retail real estate, combination buildings, agricultural companies or agricultural land: almost any form of business real estate can be considered collateral for us. Real estate that we do exclude are properties related to the sex industry, (soft) drugs or the arms industry.

How does penalty-free repayment work and what are the benefits?

Financing provided via our platform can be repaid without penalty. This means that you can repay the loans you borrow through Briqwise without having to pay a penalty. How nice is that?! Do you want to make use of extra repayments? These are always deducted on the interest due date. This falls on the last day of the month.

The advantage of penalty-free repayments is that you are extremely flexible with your business. For example, are you having a good year and therefore money left over? Then you can make extra payments on your financing without penalty. Are you on the other hand financially? Then you won't pay extra, no problem. Extra repayment is nice because it reduces your monthly interest burden. For example, interest is only charged on the outstanding loan amount.

 

What are the requirements for a business mortgage?

Requirements may vary, but our team will guide you through the entire process and ensure that you meet all necessary conditions.

Ook een vastgoedfinanciering, zonder bank?

Ben je ondernemer en op zoek naar een hypotheek voor jouw bedrijfspand of beleggingspand? Wil je meer weten over de mogelijkheden voor een zakelijke financiering van jouw bedrijf met vastgoed als onderpand?
Check je mogelijkheden

Financing that suits John's needs

Entrepreneur John speaks
“We were at the notary in no time to get the financing through.”
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John only recently started as an entrepreneur.

After a successful international career, John age 55, recently commenced working full-time for a foreign client on a self-employed basis. He also started building a dream house with his wife. But the construction of the house turned out to be more expensive than anticipated (as is so often the case), so they got into trouble with the budget.

Because investors are (were) mostly entrepreneurs, my situation was valued

Despite the generous compensation he receives from his client, John wasn’t eligible for an increase on the mortgage with his bank. They explained he’d only recently started and receiving his compensation in dollars was also a problem. John and his wife had hit what seemed to be an insurmountable brick wall.

But because the couple owns an apartment, Briqwise was able to offer a solution in the short term.

John explained: “After submitting the necessary documents and a personal introduction, I quickly received a quote from Briqwise. The interest was affordable and the repayments flexible – which greatly reduced the financial pressure we were under. The information memorandum that was to be sent to potential investors reflected our situation realistically and accurately. And because investors are often entrepreneurial by nature, they could see value in my situation. My wife and I were soon at the solicitor to receive the financing. Now we can finish our dream home to the standard we imagined and the Briqwise investor has an investment with good security and equally good return. Both parties win as a result. ”

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Financing real estate is the safe alternative to investing in real estate.
High returns, while maintaining certainty. Want to know more about the options?
Or do you have other questions? Then please contact us.
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