Mandate and solution
As a result of the more and more restrictive lending policy of traditional lenders in combination with the time-consuming and rigid processing of mortgage requests, our client was not able to find an appropriate financing in time. Therefore, Hyrock was mandated to arrange a fast financing in form of a bridge-loan. With our support a private Investor provided our client with the needed capital over an investment horizon of 3 months, for which he was compensated with 8.00% interest rate p.a. After 2 months Hyrock successfully secured a long-term loan through a traditional lender and the bridge-loan was fully repaid.