When requesting a loan or accessing financing, time is a very important factor to consider. Normally, banks take a long time to study a loan application since they request a lot of documentation, such as:
- Working life REPORT
- Last tax declaration filed
- Income and expense report (in the case of being self-employed)
- They consult the most common defaulters databases such as Financial Credit Institution
Collecting all this documentation, studying it, and evaluating the client’s risk profile can take weeks. This means that if money is urgently needed, going to a bank is not the fastest option.
Urgent private loans allow you to obtain financing in less than a week from the first contact with the company.
Requirements for our urgent private loans
To access one of our urgent private loans you must meet two essential requirements:
- Request more than $ 20,000. We do not work on granting loans for amounts less than that figure.
- Have a real estate property. We must protect in some way the private provider that leaves you the money in a private capacity. The real estate property will act as guarantee in case of non-payment.
Crediting: urgent private loan specialists
At Spin Lender we are specialized in urgent private loans. We have a wide portfolio of private lenders who will be ready to lend you the money you need quickly and comfortably.
We are not a fast and instant loan company that deposits money into your account instantly and without asking questions: we have a financial and real estate team in charge of evaluating each request individually to offer the best conditions and the best possible payment plan to each client.
Terms of our urgent private loans
All urgent private loans we grant follow the same timeline, which is as follows:
- The client submits the loan application, as long as it meets the two mandatory requirements that we have seen above.
- We study the feasibility of the operation: a financial advisor will contact you within 24 hours to find out your financial situation, if you are in Financial Credit Institutions, if there is a process of seizure and auction for any unpaid debt in order to know the status of your finances or those of your company.
- Once all the information has been collected, the consultant will study the feasibility of the operation and will contact you for the next 72 hours (3 days). If we see that the operation is feasible and you are not in a dead end, we will start looking for private providers who will leave you the money.
- We will sign the loan before a notary and within a week you will have the money in your checking account. At the same time, we will have planned a payment plan adapted to your needs and abilities so that repaying the loan does not mean sacrificing your personal economy.