Private equity loans in 48 hours with home guarantee – Private equity loans

Applying for private equity loans in 48 hours with a home guarantee is the most demanded today thanks to its simplicity. As with more traditional loans, these are financial instruments that require a procedure to be followed through a few steps.

Is it safe to obtain private equity loans in 48 hours with a home guarantee?

Is it safe to obtain private equity loans in 48 hours with a home guarantee?

Home equity loan statistics have increased over time. This is because a large part of the applications that are entered in the banks are rejected. Whether it’s because they don’t qualify or because their credit history is flawed, many miss out on this opportunity.

Now obtaining private equity loans in 48 hours with a home guarantee is the best facet to get money fast. Private lenders guarantee Spaniards quick solutions to their money problems. Meanwhile, they respond to the security and transparency that all credit must have.

The 48-hour home equity loan is not only safe for the lender, but also for the loan applicant. There are many benefits to be had from taking out this type of loan.

If you follow the right path, that will guarantee that one of the private equity loans in 48 hours with a home guarantee is approved. In addition, the entity has the confidence to continue granting you extensions, among other benefits. Today we are going to talk about the steps to follow when applying for a private capital loan in 48 hours with the guarantee of a home free of charges.

Be very clear

Be very clear

When applying for private equity loans in 48 hours with a home guarantee, it is necessary to be very clear and have a compelling reason to apply. In these cases, private equity loans in 48 hours usually help for specific times when money is urgently needed, and you are sure that you can repay it in the time required.

What is the amount of money you are going to request?

What is the amount of money you are going to request?

This step also requires a thorough analysis. Once you are clear that you are going to apply for a private capital loan in 48 hours with the guarantee of a home free of charges, to solve a very specific expense, you need to know what is the minimum and maximum amount required for that expense. It is necessary to be clear about the limit figures, to know which alternative is the most convenient for you, depending on the interests and the deadlines to be met.

 

How to formalize loans between relatives without considering donations.

Sometimes lending money to friends or family can be expensive. Especially if the Treasury considers it a disguised donation. However, no problems should arise as long as these loans are carried out properly. From Lenders we want to offer you the best keys so that you know how to formalize loans between family members without any type of fiscal pressure. If you want to know more details be sure to read the following article.

Steps to follow to formalize loans between family members

Steps to follow to formalize loans between family members

Step 1. Sign a contract between both parties

Step 1. Sign a contract between both parties

It does not matter if the loan is made from parents to children, between siblings or a friend. If you want to avoid problems with the Treasury, it is best to write a contract. And if you do not want to get a return on the loan, the contract must be free. What does this mean? That the lender agrees to offer the loan without any interest.

In case of not specifying by contract that it has no interest, the Treasury may think that said loan does contain them. The Treasury could assume that the loan includes interest at the current value of the money. At this time, 3% according to article 40 of the Personal Income Tax Law.

However, as long as you sign a contract and do it correctly, you will avoid any possible problems with the treasury. In addition to avoiding problems with the Treasury when signing a contract, both parties will be protected before possible future claims or defaults. Likewise, both parties will be protected if the debt is to be transferred to an heir in the event of death.

Step 2. Properly write the contract

Step 2. Properly write the contract

When writing the contract we can do it in different ways. From looking for models online to hiring a lawyer to be in charge of its writing. In any case, when writing a contract you should never forget:

  • Indicate the date and place of conclusion of said contract.
  • Indicate the personal and tax data of both the lender and the borrower.
  • Specify the total amount owed.
  • Indicate the return period and the interest, if any. Be careful with the return terms. They must be realistic. In case of an excessively long duration, the Treasury may think that it is a covert donation. Likewise, the contract should specify the frequency with which the installments will be paid to the lender. These can be of any type as long as both parties agree.
  • Indicate possible early amortizations. It is not necessary to specify by contract whether or not to accept the early repayment of the loan. It must also be clearly reflected if there will be a collection of commissions for early amortization, the method of return that will be carried out and, in the event of associated costs, who will bear them.
  • That both parties sign the contract on all sides and keep a copy.

Step 3. Leave nothing to chance

Step 3. Leave nothing to chance

It is better that all possible scenarios are reflected in the contract. In this way we will avoid problems with the Treasury or possible confusion between the lender and the borrower. For example, if there are possibilities to extend the return period, they should be indicated in the contract.

Remember that loans between individuals are exempt from taxation. However they are subject to it. What does this mean? That the tax on patrimonial transfers and documented legal acts must be settled, but that nothing has to be paid for it since it is exempt from taxation.

For this, it is necessary to settle the tax by the borrower in the corresponding office using form 600.