Credipass

Presentation of the company

Created in 2009, CREDIPASS S. R. L. is active in the brokerage sector. The company, managed by Fabio Graziotto has 30 employees and is based in Bergamo.

Mr. Fabio Graziotto, managing director, has overall 25 years of professional experience in the sector.

The company’s main activities are:

• brokerage of real estate mortgage.
• brokerage of personal loan.
• brokerage of loan to companies.

The company works with about 100 agencies spread across Italy and more than 700 collaborators (freelancer).

Project Description

The company requests 2. 000. 000 € with 6 months of deferred repayment to finance costs to lauch a new business unit of the group focused on real estate brokerage. . This project will be realised by the end of the year.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 12 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

This project is a medium-term loan with a capital amortisation deferment and as such presents a different method of capital repayment than standard projects. The first 6 months, the lenders will only receive interest; the following 42 months, the lenders will receive interest and principal amortization. This principal repayment profile matches the borrower’s financing needs while allowing lenders to earn a higher amount of interest.

The amount offered on the platform is limited to 980000€, which is in line with the regulatory limits.