IBI INVESTMENT HOUSE POLSKA

Faq

• Do newly established companies/ Companies with loss on business/ Negative Credit History/ Liabilities to Other Entities have a chance to receive a loan?

  According to our company’s policy, a loan can be obtained by any active / operating company / company / enterprise with a loss on business and/or with a negative credit history/ liabilities.

  We analyze financial documents with a minimum duration of 6 months. An important aspect when making a decision to grant a loan is the type and value of the collateral provided. In the process of analyzing the application, we take into account both the company’s business profile and its financial result. Each decision is made on the basis of a detailed analysis of the client’s profile – loss of business activity does not automatically reject the application.

  The obtained loan may be used to repay existing liabilities and receivables – by refinancing them, satisfying existing creditors.

• 2. What financial data are taken into account when processing the application?

  Pursuant to the application’s processing, the analysis provides financial data from the last 6 – 24 months of operation, such as: revenue, profit / loss, in individual periods based on the provided financial documents.

  A detailed list of documents that the client should provide can be found in the attached preliminary loan application.

• 3. Can a company with obligations to the Tax Office / Social Insurance Institution obtain a loan?

  Yes, depending on the amount of current / overdue liabilities.

• What types of security measures do we emphasize?

  As security for the loan, we accept only real estate indicated by the entrepreneur / company that has a land and mortgage register, such as:

  – flats / apartments,

  – houses,

  – commercial premises,

  – other construction / industrial facilities.

  The real estate securing the loan is not required to be owned by the borrower, it may belong to another person.

  We do not grant loans against:

  – building / industrial plots

  – agricultural land.

• What size of loans do we grant?

  Our standard offer includes loans in the amount from PLN 100,000.

  Depending on the type of business, company profile, collateral provided, the maximum loan amount is not limitated.

   

• How do we calculate the value of a property?

  The calculation method the property’s value depends on the property’s type, location and the loan amount.

  In the case of flats / apartments, we use the AVM model (an automatic valuation model that enables property valuation using mathematical modeling and a database of real estate transactions and a database of offer and transaction prices), which reduces significantly the time for submitting an offer / approval of the application.

  Houses, commercial premises – the value is usually estimated on the basis of expert opinions and appraisal reports prepared by the Property Appraisers cooperating with us.

  We also accept valuations / appraisals held by the client, made by Property Appraisers, not older than 12 months.

• What can the loan be used for?

  The loan can be used for any purpose related to the conducted business activity, e.g. covering the company’s current expenses, purchasing working capital, refinancing liabilities or current loans.

• What is the interest rate on the loan?

  The interest rate on the loan is in accordance with applicable law

• What additional fees does the borrower pay? What is the total amount?

  Additional fees related to the commission for granting the loan, administrative costs are presented each time in the offer.

  These usually range from 12% of the loan value upwards, depending on the amount and duration of the loan, financial results and provided collateral.

• Is the borrower informed of the reason for the rejection of the application?

  IBI Holdings Trust sp. o.o. is not obliged to inform the Client of the reason for the rejection of the application. It may, however, condition its approval by providing additional security.

• What documents should be provided for considering the application?

  •Name, tax identification number and legal form of the entity

  •Financial documents from the past 2 years – KPIR / RZIS

  • The requested loan amount

  • The full address and mortgage register of the property proposed as security and the estimated value

  •  Customer’s consent to the processing of personal data

   

• Who signs the Notarial Deed?

  The Notarial Deed is signed by the Borrower, the property owner and the representative of IBI Holdings Trust Sp zo.o.

  The time and place of signing the act is any time concluded with the client.

  A draft of a notarial deed, which is a loan agreement, is included in the appendix.

• Is the obligation under the loan agreement entered in the land and mortgage register?

  Yes, we enter them in the first place on the mortgage – if the collateral is one real estate.

  If more than one property is the collateral, then it is possible to enter it in the second position.

  If the loan is used to refinance an obligation included in the land and mortgage register, it is necessary to obtain a commitment to delete the entry from the entity / person entered therein.

• Must the property securing the loan be insured?

  Yes, the real estate securing the loan must have a valid insurance policy assigned to  IBI Holdings Trust sp. o.o.  for the entire duration of the loan.

  The model for the assignment of rights under the policy can be found in the appendix.

   

• Disbursement of funds

  The payment of funds takes place immediately after signing the notarial deed and after providing the assignment of rights under the property insurance policy.

• What is the loan repayment process schedule?

  The repayment schedule is always attached to the offer. Usually, only interest and part of the commission are repaid monthly – this amount is agreed with each separate borrower, and the remaining amount is repaid on a fixed date.

• Is it possible to repay the loan earlier?

  Yes, it is possible. After reporting the willingness to repay, the borrower receives information about the exact amount remaining to be repaid.

• Can the loan repayment period be extended?

  Yes, the loan period may be extended up to 12 months, but it depends on the cooperation history with the borrower up to that time. This fact should be reported 60 days before the loan repayment date.

• What is the interest payment date?

  Interest payment dates are the 10th, 20th and 30th (for February 28) days of the month.

  The date of interest repayment is agreed with every borrower separately.

• What is the nature of cooperation with IBI Polska?

  Cooperation between the Intermediary and IBI is based on the concluded agreement, the example of which is presented in the appendix.

• Financial Broker?

  We invite you to contact us!