Our company has very good relationships with all the banks in Cyprus, and we can help our clients get half of their investment financing according to the criteria of each bank.
In order for a buyer to obtain funding from a bank, the below terms are usually proposed:
Please note that the securities, terms and conditions stated herein are indicative as the assessment by the bank is executed on a case-by-case basis.
If you need assistance with your funding, then we at Newzoe Developers Ltd, with our long standing cooperation with these establishments, can point you in the right direction.
In order to evaluate any prospective loan request , all new customers must provide us with the following:
– Application and Supporting documents
All prospective customers must complete the attached Personal Financial Statement and provide us with the below supporting documents for the purpose of evaluating their loan request.
Also, proof of any other income that the customer may be receiving eg. rental income, company dividends, other benefits etc.
It is important if a “Credit Scoring” report could be provided which is issued from an independent organization from the country of residence of the prospective customer or from any other country in which the customer maintains credit facilities (eg. a CDR report from Lebanon , eg. Equifax report in the UK etc).
Any prospective guarantors must also complete the attachment and provide us with the supporting documents listed above.
We will require a copy of the sales contract of the property or title deed of the property. The information will be used in order to proceed with the valuation of the property.