Digital secure lender Selina Finance officially launched its flexible lending product today.

Selina Finance describes itself as “a new generation of secured lenders,” offering second-tier commercial and real estate loans.

Rates start from 4.95% with indicative rates available to borrowers within 2 hours of application close, and final offers within 24 hours.

In the coming weeks, borrowers will also be able to access their personal dashboard to adapt their repayment schedule, for example to extend the loan agreement or (the loans being structured in line of credit) make additional withdrawals.

Broker commissions are 3.5% (2% when the loan is disbursed and 1.5% after 18 months).

Michael Biemann, Managing Director of Selina Finance, said:

“Brokers are the lifeblood of the secured lending industry, whether for business or real estate investment reasons, and we look forward to forming active partnerships with as many as possible in the weeks and months to come. to come.

“Our goal as a lender is to introduce a level of flexibility and speed that is unmatched in the market and that offers brokers a completely new way of financing for their clients. We believe that the type of financing we offer is a solution. perfect for creating instant liquidity on equity, whether for business or real estate investment reasons.


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