Leveraging our extensive business and financing experience, we provide senior construction loans, sales policies and performance guarantees tailored to the developer’s needs.
Our flexible solutions also seamlessly adapt to various aspects of the project, including progress of construction and sales as well as early repayment.
Getting a loan for urban renewal projects often proves difficult. The complex asset ownership structure and the lack of real estate collateral are just some of the typical challenges. Often developers must give up equity to cover expenses until they obtain the permit. Our pre-permit loan is designed to create significant equity savings when raising capital.
Subject to the approval of our credit committee, we grant proven developers financing solutions adapted to their needs even before they obtain the construction permit. The loans are secured by various types of collateral, such as surplus liens from other projects, contractual liens of rights in the projects, personal guarantees, and more.
This type of customized loan offers purchase groups a quick financing option to commence construction.
These loans are secured by a first mortgage and the projects are supervised through all phases.
We offer developers and purchase groups a variety of bridge loans for their changing needs throughout the entire development project: from the land purchase phase, through the planning procedures and property improvements, to later stages in the project’s life cycle.
With this type of loan developers have more leeway in utilizing and diversifying their resources and a more flexible repayment date. Developers can take out the loan at any stage of the project, subject to a progress review and the approval of the senior lender. The loan itself is granted prior to the date the senior lender releases the projected surplus.
These loans are geared towards developers who hold inventory and are interested in selling it at later stages, either because sales prices have significantly gone up since the initial assessment or because they expect a pending increase in value. This type of loan is granted at the end of the project, when construction is complete, and the project is ready for occupancy.
Address
Hayarkon 5, Bnei Brak, Israel
LYFE tower, Buliding A, Floor 16
Phone’s
For general information and questions
073-7000771
054-6022051
Created by GetMeOnline
LYFE tower, Buliding A, Floor 16. Hayarkon 5, Bnei Brak, Israel
In 2023, the prestigious ranking guide Dun’s 100 featured Ruby Capital as one of the 100 leading companies in Israel.
This website contains general and partial information only, with respect to examination of receiving funding from the companies. Said information may change from time to time, and thus should not be relied upon as for decision whether to enter into contract with the companies. Every loan granted is subjected to an approval by the companies and to their terms and policies, which may change occasionally. Said loans are subjected also to an agreement which will be signed with any of the companies. It is hereby clarified that the companies reserve the right to turn down any application for loan, for reasons related to regulation and compliance provisions that apply to them, and in accordance with their discretion.
Default or non-compliance with loan repayment or credit repayment may result in a charge of arrears interest and writ of execution proceedings.