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CONDOMINIum
FINANcing
& SERVIces
 Financing
of RenovationWorks
& Extraordinary
Expenses
-
Possibility
to finance any kind of condominium renovation (no single
dwellings)
-
Time Extensions of payments from 24 to 60 months
- Fast
Financing Grant
- Approval
not subject to condominium majority
- Custom
dedicated Portal with virtual showcase of Vendors/Suppliers
and Administrators
Types
of possible Renovations and Extraordinary
Expenses
-
Electrical & Electrotechnical Systems
-
Thermal
Systems (Furnaces, Air Conditioners,
Burners,
etc.)
-
Elevators
and freight hoists
-
Construction
Works (façades, roofs, tilings, balconies,
interiors, manholes, water drainage)
-
Gardens
(Tree Planting, Pruning, Cutting, Hedges, etc.)
-
Driveway
& Parking Paving,
flagstone installation and banding
-
-
Alarm and Video Surveillance Systems
-
Ironworks
and Blacksmithing
(Gates,
Fences, Border posts, Rails, etc.)
- Outdoor
& Indoor Painting Works
- General
Plumbing (piping, gutters, tinsmithing, etc.)
-
Sewage disposal systems (drywells, connections to town sewer
network)
-
Water
Treatment Systems (softening and filtering)
- ...and
much more!
Procedure
for financing
activation:
-
The
necessary condition to the disbursement
of the loan is a report of the condominium meeting, in
which the pending work is deliberated; the unanimous approval
to the financing is not required; thus the loan shall
be dispensed only to the house owners who will request
it.
- The financing shall be dependent
upon a delibera dell’ente erogante which shall evaluate
the condominium balance sheet, not considering the
exposure related to other existing loans from the
single house owners.
-
The disbursement of the financing doesn't require any
income documentation of each house owner, nor does
it include any reporting to credit-checking agencies.
- The disbursement
of the financing, thanks to its exclusive formula, is perfectly
in line with the existing fiscal regulations, thereby
allowing to tax-deduct the full amount, including burdens
and charges right from the first year. The financing
might have a length between 24 and 60 months, and is advertised
with the exclusive"Zero Ttechnical Rate" formula.
Advantages
of the Syrio
Finance Financing
-
Advantages for the Condominium
- Availability
of an innovative financial tool, considering the condominium
as a legal entity which can be financed according to the
estate's unit value
- Possibility
to bring to completion renovation and innovation works
which increase the market value of each single real estate
unit
- Access
to condominium's expense installment rates, withous adding
them to other existing financial exposures
- Access
to innovative goods that improve life's quality and increase
the monetary value of one's own house
-
Advantages
for the Administrator
- It allows
him to perform a consulting role which is fundamental
to manage problems that would otherwise risk dragging
over time, without a foreseeable solution
- It brings
value to the house owner but also to his/her own business
management and ownership
-
Advantages
for the Affiliated Vendor
-
The
accredited and affiliated Vendor/Supplier immediately
receives the whole payment from the Bank, without
having to manage exhausting negotiations and installments,
which might last even years
-
The
affiliation foresees, for the vendor/supplier, the
publishing of an advertising banner on the condominium
portal, thereby generating visibility and new work
opportunities
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