Tuesday, October 23, 2012

Funding income determined financing structure for 60 days, plus a possible extension of 15 days, th

Kapitalfreunde.de: Germany's first crowdfunding platform for real estate is launched - online newspaper
Crowdfunding: raising capital

via the Internet. Many small amounts to a large. This innovative idea, known in the financing of cultural projects and start-ups, the Munich-based company Better Terms on real estate transfers now. On the platform "Kapitalfreunde.de" private investors can with amounts from 250 euros to finance the start of a real estate project arizona humane society known property developer Dr. Steen Rothenberger in Frankfurt. Up to 200,000 euros will come together in the form of a subordinated loan.
Easy-transparent sustainability The Internet offers the opportunity for real estate buyers and sellers together arizona humane

society directly capital. Even the contract arizona humane society can be made online. The presentation arizona humane society of the projects can be done with the most advanced electronic presentations. The communication between the parties is not a one-way street, but a permanent dialogue. The exchange can be extended to other interested arizona humane society parties, so that the individual prospective customer arizona humane society can benefit from the opinions of others - the so-called swarm intelligence. By reducing the intervening intermediaries and beneficiaries created a close and direct relationship and the ability to offer more favorable terms for both sides.
Why now? No more messages without reports on the debt, financial or banking crisis, meanwhile, international banks and even whole countries at risk of financial collapse. On the one hand, the demand for the supposedly safe homes, on the other hand, the possibilities of raising money for construction projects these days significantly reduced. Michael Ullman, initiator of the crowdfunding platform, about his commitment: "When you get capital for lending his money to a bank is not the risk premium that would be really appropriate. Leaving your money in the checking account, arizona humane society you can see how inflation arizona humane society eats up the sum. Capital Friends offers arizona humane society private investors an alternative on how to finance the development of a construction project with. And that even for 250 euros ".
Mezzanine capital as subordinated loans, the private investor provide a subordinated loan. It is in place behind a bank loan and before equity in the project arizona humane society company. It has a fixed term of four years and a fixed interest rate of 6.00% per annum in arrears. It is therefore neither an investment nor a bank loan for the purposes of the Banking Act. Mezzanine means mezzanine, and accordingly is mezzanine capital between equity and debt. Favor of the subordinated loan, a subordinated mortgage is registered, which is the simplicity sake held on a collateral trustee.
Funding income determined financing structure for 60 days, plus a possible extension of 15 days, the investors arizona humane society have the opportunity to convince themselves of the platform of the project and to give online capital. In amounts arizona humane society between 250 euros and 10,000 euros This should bring together a total of 50,000 euros and a maximum of EUR 200,000. The capital will be used solely for the creation arizona humane society of the proposed project, which includes a total investment of 1.3 million. The remaining capital is raised by borrowing in the amount of up to 850,000 euros and equity of up to 400,000 euros.
Payment processor takes care of the cash flow, the capital contributions are collected during the funding period, neither the platform nor to the Borrower, but a specialized payment processors that Secupay AG, in an escrow account. Amount of payment are as dependent - direct debit and bank transfer possible. Only when the funding was successful, that is at least 50,000 euros have come together, and the Borrower has confirmed the existence of the conditions for payment, the money is paid. The funding is not successful, the payment processor the money back to the investors.
The "little knight" - a perfect starter project, the residential and commercial building "Little Knight" in Frankfurt-Altsachsenhausen is an ideal start object for the platform: Good location, a project developer with passion and revitalize sustainable use concept not only the funding landscape in Germany but also the bustling district left of the Main. Dr. Steen Rothenberger and his family, who in Frankfurt already implemented numerous special projects, such as the recent hotel-Urbanization "The Lindeberg" or the "Seven Swans" create, with the studio in the Little Rittergasse another jewel in the new Use Konze

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