Bridgeloan.nl launches an innovative solution for financing residential real estate with ‘custom bridge credit’. Customers can determine the terms of their credit themselves, such as the term, repayment during the term, and the interest payment. Interest can be paid during the term or at the end, combined with an exit fee, so that the credit can be composed so that it seamlessly matches the timing and characteristics of the real estate project.
This unique flexibility makes this custom-developed product particularly suitable for real estate professionals who want to be able to respond quickly and efficiently to opportunities that arise in the real estate market. Think of the purchase of strategic real estate with the intention of selling it at a profit within a short period of time. This includes both commercial transactions and so-called fix-and-flip projects, in which real estate is renovated, made sustainable, split or transformed into residential properties, for example.
Role RNHB
Bridgeloan.nl and RNHB together form a powerful alliance, aimed at maximally supporting entrepreneurs in the dynamic world of real estate transactions and financing. Thanks to RNHB, the financially strong and exclusive funding partner of Bridgeloan.nl, complex and challenging real estate transactions can now also be financed stably and reliably
For this form of financing it is essential that customers have relevant experience and sufficient resources of their own to invest in the project.
How was the initiative for Bridgeloan.nl born?
Entrepreneur Joost Beijers is the founder and general/commercial director of Bridgeloan.nl. He earned his spurs at Bureau voor Credit Management, Groep Gerechtsdeurwaarders Nederland and is also the owner of Novel Finance. Early 2020, he noticed that initiatives to make existing real estate more sustainable sometimes unexpectedly failed, mainly due to limited financial resources. Together with co-founder and financial economist Art Nijhuis, he developed the product ‘customised bridge credit’ and successfully launched it on the market.
Joost: “BOX 3 investors who owned apartments in the big cities are currently selling their real estate en masse. This offers opportunities for enterprising companies and individuals to buy, renovate and, above all, make real estate sustainable in attractive locations. Financing should not hinder these ambitions. We jump into this niche, offer support and deliver a term sheet for a new real estate adventure within a few working days.
Under the umbrella of Novel Finance, Bridgeloan.nl was launched, a concept that immediately proved successful in the market. Joost: “After our start, we quickly needed extra capital to build a solid foundation. RNHB, an important player with a lot of experience, offered that possibility. They know the market inside and out and were not yet operating in the niche that we have now jointly filled.”
Contribution to sustainability and housing shortage
From 2030, the Netherlands will require all homes and commercial properties that are rented or sold to have at least energy label D, depending on their use and destination. Bridgeloan.nl will be ready in the coming period to support entrepreneurs who want to contribute to the sustainability of real estate in the Netherlands.
Bridgeloan.nl plays a crucial role in making real estate in the Netherlands more sustainable. By supporting entrepreneurs with flexible financing solutions, Bridgeloan.nl not only makes sustainable renovations and transformations possible, but also contributes to solving the housing shortage. For example, projects are financed in which existing homes are split into multiple independent units, which directly contributes to the availability of more affordable housing. With this approach, Bridgeloan.nl gives real estate professionals the means and confidence to make a positive impact on the Dutch housing market and the climate.