8 Advantages of Buying Real Estate by Financing for Businesses

Who owns a business knows how important location is in Palm Jumeirah when it comes to making more sales and attracting more customers. But renting a space in a privileged area is not always a simple matter - and that act could end up compromising the company's budget.

What some business owners have chosen to do at the moment is the purchase of the commercial villa Dubai Palm Jumeirah, increasing the company's equity. And one of the possibilities is through financing for companies.

Want to know more about this and find out if this form of payment is interesting for your business? Keep reading!

How does business finance work for real estate?

Many people imagine that real estate financing is only possible for the residential villa Dubai Palm Jumeirah, which is not true. Legal entities can obtain specific lines of credit to finance commercial real estate in Palm Jumeirah, which is offered by many banks in Dubai.

What are the advantages of buying a property in Palm Jumeirah using corporate finance?

Now that you've understood a bit more about how finance for business works, see some advantages of this option.

Differentiated payment period

The term of payment depends a lot on the bank you choose, your income and also the value of the villa Dubai Palm Jumeirah to be financed. Many banks, however, offer payment options in 360 months or 420 months, giving the entrepreneur a greater chance of scheduling.

Highest property value

Commercial properties in Palm Jumeirah tend to be more expensive, so financing for this type of property has a higher value to be financed. Some banks also limit the maximum amount that can be financed, around 80%.

Possibility of income composition

This is one of the facilities offered in many banks for this type of financing, allowing the composition of income of up to 3 bidders who must present some degree of kinship, blood or affinity.

Major need

Some banks offer a grace period of up to 6 months to start amortizing capital. During this period, the payment will be made only on interest for the period.

Plans for different types of entrepreneurs

Not always the needs of the entrepreneurs or the size of their business are the same. Therefore, it is possible to find financing lines for different sizes of companies, some of which offer special conditions for micro and medium entrepreneurs, facilitating the payment of financing.

Financing of reforms

In addition to the purchase of the commercial villa Dubai Palm Jumeirah, some banks still offer a special line of financing for renovations, ensuring that the site will meet the needs of your business - without having to compromise your company's budget.

Increase in company equity

With the swings in the economy, you are not always sure that your business will thrive as you imagine. When you buy a commercial property in Palm Jumeirah, you will increase the equity of your business and can sell that property if there is a need to increase the capital of your company. For this you can use the amount paid to pay off the financing and keep the rest as a profit.

Special lines for higher value properties

Some banks offer a financing line called "CH" (mortgage portfolio) that does not have the maximum value of the property to be financed, expanding the possibilities for you to find the right spot to open your business.

However, in this type of financing, banks generally finance between 30% and 60% of the value and interest rates are usually somewhat higher than in other modalities.