These are some of the advantages and disadvantages of financing through private capital advantages: 1-speed: granted to solve urgent cases, allowing paralyze auctions even 48 h before the realization of the same. 2. For immediate liquidity: loans granted up to 72 h. 3 Private Capital comes where banks or overlook: unemployed, foreclosed payroll etc. Today the banks generally refuse to give credit, request many requirements and based their credit valuations well below estimated with which most of the credits are discarded.With the private Capital will be only provided real estate guarantees which determine the feasibility of funding. If you have the possibility of having a warranty (property residence) free of charge (without mortgage or very little the same outstanding balance), is you can approve your application within 24 hours. 4. Financing of inheritances: banks do not finance the inheritance, however the private Capital finances the processing, payment of taxes of succession and the registration.
5 Declarations of new construction or legalization of properties: its full financing is possible with private capital. 6 Payments of inscribed in ASNEF doubts: only private capital comes to finance all these debts. Disadvantages: 1 – the credit is given personal collateral, only with mortgage guarantee, although property that contributes don’t have to necessarily be yours, it can provide a guarantor who will act Aval. 2. The interest rate is high.