The institution provides various types of loans to enterprises and people who are just planning to set up their own business. The receivables are secured by means of the customer’s real estate. For this reason, the largest amount of the liability may amount to even PLN 5,000,000.
Manue Fund – product offer
Manue Fund provides so-called business mortgages. This means, among others the fact that the client does not have to specify a specific purpose for which he incurs a financial commitment (he should, however, be associated with conducting business activity). Receipt of receivables is also not subject to a number of formalities that we would have to go through if we decided on a standard bank loan.
The minimum loan amount in Manue Fund is PLN 50,000, while the maximum – up to PLN 5,000,000. The loan period is 3, 6, 12 or 18 months. In some cases, the company also allows you to extend the repayment period on individual terms (up to 5 years). Without any additional costs, you can also opt for an earlier refund. The average total monthly financing cost is 1.75%.
Manue Fund – requirements for borrowers
As mentioned, Manue Fund grants liabilities against the client’s property. Not only commercial real estate is taken into account, but also:
- Investment plots;
- Various types of custom properties (with some exceptions).
The company does not accept such properties
- Plots and farms.
The Manue Fund also allows you to combine several types of real estate. On the other hand, loans are granted on the basis of ownership transfer or mortgage collateral. Only real estate that is located in larger agglomerations and towns with over 50,000 inhabitants is taken into account.
The only formal requirement to enter into a commitment is that you must be at least 18 years old. It is also worth knowing that the customer’s place of residence does not matter for the company. Therefore, he may remain outside the Republic of Poland. The loan also does not require verification transfers.
Manue Fund – what registers of debtors does the company check?
Manue Fund does not check any registers of debtors and does not take into account the creditworthiness of customers. This minimizes all formalities related to obtaining an obligation.
For the company, the most important is the condition, value and type of property that the customer decides to pledge.
Manue Fund – how to take a loan step by step?
The process of submitting an application for a commitment with Manue Fund is extremely fast and simple, although the entire procedure for obtaining a loan can take up to several days. This is due to the fact that the company provides receivables for very large amounts and must carefully verify whether a given property will be sufficient collateral for the amount borrowed. To receive money, just follow these 3 simple steps:
- We contact the company representative to create an offer tailored to our needs;
- We carefully complete and submit the application, which will be verified within 2 days;
- We sign a contract in one of 20 branches in Poland, and then we receive a commitment to the indicated bank account.
Please note that before completing the loan application, we should prepare a set of necessary documents:
- ID card;
- Property land and mortgage register number;
- Act of acquiring real estate;
- Real estate photos.
- Complete the application
Manue Fund – comfortable loan repayment
As mentioned above, in Manue Fund the commitment can be given ahead of schedule, without incurring any additional costs. The loan repayment offer is very comprehensive. The company enables settlement, among others by:
- Interest installments;
- Interest and principal installments;
- Balloon repayment;
- Other options, determined individually with the loan advisor.
If we are unable to pay the commitment on time, we should contact the customer advisor and set a new individual return date. In some cases, the loan repayment can be extended by up to another 5 years.
Manue Fund – summary
Manue Fund is one of the few institutions that grant obligations to companies for such large amounts. For this reason, it is a kind of innovation on the loan market. Due to the extremely attractive offer for small, medium and large enterprises, the Manue Fund has already won many awards – among others. the “Business Product of the Year 2016” award.
The company is also very much appreciated, among others for the minimum of formalities required to take out a loan, as well as care for the security and confidentiality of their clients.