Why does the project developer fund his project on iFunded and not through a bank?
Project developers prefer to finance their projects through banks due to lower interest rates. Yet due to increasing banking regulations (Basel II and III), banks are calling for developers to have higher capital ratios, which can, depending on the project, be between 10% and 40%. Capital requirements for the project developers is therefore growing significantly […]
How is the interest rate determined?
The interest rate is determined by the project developer for each project individually with regards to the risk of the project. The interest rate is fixed for the entire term.
What is the minimum investment with which I can be involved in a project?
The minimum investment amount on iFunded is set at 250 Euros. Although, the project developer may set another value as a minimum investment amount. The investor can thus invest a small sum without having to rely on the skills of the management of open-end funds or real estate companies.