How do you arrange financing for your business premises?

Six years ago I started my own skin therapy practice. We were doing well – growing fast and needing extra space. So we started looking to buy a business premises with more room and as a pension provision.
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Entrepreneur Doortje Dekkers-Putmans speaks
I persevered with my bank for a year and a half, but couldn’t get it done. At Briqwise we succeeded within a few weeks!

“Six years ago I started my own skin therapy practice. We were doing well – growing fast and needing extra space. So we started looking to buy a business premises with more room and as a pension provision. We found a building, but then had to finance it. I persevered with my bank for a year and a half, but couldn’t get it done. At Briqwise we succeeded within a few weeks!”

Doortje Dekkers – Putmans (30 years old) has been the owner of Skin Therapy Practice Boxtel for 6 years. She explains: “In 2015 I took over one of the branches of my previous employer. It wasn’t thriving, but I saw it as a challenge to make it work. Which it did quite successfully. So i took over a second location from my previous employer – and soon there was so much work I needed staff. Since then we have continued to grow and grow.

I really enjoy it. The work is varied, we do medical and cosmetic treatments. I like to see progress and I like contact with people. I love owning my business. It is the combination of entrepreneurship, professional excellence and management that really appeals to me. ”

Managing growth

“We now have three branches. We bought a large building for one location that’s two-thirds let to a dental practice. In the other part, we are building our new practice with five treatment rooms.

Not only can we do our current treatments there, we’d like to expand and offer the services of a beautician, pedicure and cosmetic doctor too. Now we need a secretary!”

How to finance it

It has been an interesting journey organising finance for the new business premises. Doortje explains: “I was in contact with my bank about this from September 2019. In March 2020 there was still nothing on paper, but it all sounded very positive. There was nothing to indicate that it would not work out.

Six months later, the tone changed. Mostly because of Corona. However, we were determined so we started looking further afield. But it all had to be done quickly. The seller required the key handover to take place no later than December 31 – and it was already mid-November.”

Real estate financing through Briqwise

“We got in touch with a specialist in business real estate financing. He recommended Briqwise. A couple of the Briqwise team came to see us and we had a good conversation. Within 3 days we they had a proposal. In another few days we signed it and our property was immediately added to the Briqwise investor pool.

On December 30, I was with Briqwise at the notary and on December 31 the keys were handed over. It was hard to believe I had the keys to our new premise in my hands. After all, we’d been trying for a year and a half.

Now we are busy building and on schedule to open in September. We will be exactly six years old. ”

A business premises is a good investment

“The idea of owning your own building is so appealing. My partner is also an entrepreneur and neither of us been saving for retirement. We’ve put our hard earned money into ‘bricks and mortar’ rather than a bank or other investments.

Now we have both have rental income and space for our own business. And if we sell the property later, that will yield an excellent return. I’m not afraid of fluctuations in the real estate market. I am only 30, so we are focussed on the long term. ”

Jij brengt de ambitie,
wij de financiering

Van vastgoedproject naar realiteit: snelle financiering tot €5 miljoen,
persoonlijke aanpak, en expertise die het verschil maakt
Start meteen

Veelgestelde vragen over zakelijke hypotheken

What documentation do I need to provide?

Initially, you provide the most important information about the collateral to be financed and the desired loan amount via the application form.

After that, we need more information from you, such as:
 * A valuation report prepared by a certified appraiser
 * Copy of ID
 * Lease agreements (when the property is rented)
 * Purchase contract (upon purchase)

Are you applying for funding through your company? Then we need more:
 * Recent financial statements

What are the costs of an application?

More details about the costs can be found on our rates page.

How long does a journey via Briqwise take?

You will always receive an indication of the feasibility and financing conditions within 24 hours. We will then complete the file and will be happy to schedule an appointment with you afterwards. The sooner you provide the necessary documentation, the faster we can switch. Our internal review takes 2 business days. After that, you will receive our Consent Letter, or the quote. Once you have signed this letter, we will approach our investor pool. Most applications are claimed within a few days. Has the investor legally confirmed his claim? Then we send the file to the notary.

What information do investors see?

At Briqwise, we draw up a so-called Information Memorandum. In this document, we write about the funding goal, the collateral, your background as an entrepreneur and the repayment capacity. We also add a good photo and the terms and conditions of the financing. This Information Memorandum can request investors who are interested in providing the funding. Approval of this memorandum takes place while signing your Consent Letter.

The information in the memorandum will not appear on our website and can only be requested by investors who are connected to the Briqwise platform.

Can my financial advisor or intermediary submit an application on my behalf?

Definitely! Intermediaries that are known to us can submit a financing request via the intermediary portal. Is this the first time that your advisor works with Briqwise? Through our brokers page he or she simply creates an account.

What types of properties can be financed?

Whether properties for rent, properties for personal use or a combination of both: they are all welcome at Briqwise. (Commercial) homes, business units, office buildings, recreational real estate, hospitality properties, retail real estate, combination buildings, agricultural companies or agricultural land: almost any form of business real estate can be considered collateral for us. Real estate that we do exclude are properties related to the sex industry, (soft) drugs or the arms industry.

How does penalty-free repayment work and what are the benefits?

Financing provided via our platform can be repaid without penalty. This means that you can repay the loans you borrow through Briqwise without having to pay a penalty. How nice is that?! Do you want to make use of extra repayments? These are always deducted on the interest due date. This falls on the last day of the month.

The advantage of penalty-free repayments is that you are extremely flexible with your business. For example, are you having a good year and therefore money left over? Then you can make extra payments on your financing without penalty. Are you on the other hand financially? Then you won't pay extra, no problem. Extra repayment is nice because it reduces your monthly interest burden. For example, interest is only charged on the outstanding loan amount.

 

What are the requirements for a business mortgage?

Requirements may vary, but our team will guide you through the entire process and ensure that you meet all necessary conditions.

Ook een vastgoedfinanciering, zonder bank?

Ben je ondernemer en op zoek naar een hypotheek voor jouw bedrijfspand of beleggingspand? Wil je meer weten over de mogelijkheden voor een zakelijke financiering van jouw bedrijf met vastgoed als onderpand?
Check je mogelijkheden

How do you arrange financing for your business premises?

Entrepreneur Doortje Dekkers-Putmans speaks
I persevered with my bank for a year and a half, but couldn’t get it done. At Briqwise we succeeded within a few weeks!
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“Six years ago I started my own skin therapy practice. We were doing well – growing fast and needing extra space. So we started looking to buy a business premises with more room and as a pension provision. We found a building, but then had to finance it. I persevered with my bank for a year and a half, but couldn’t get it done. At Briqwise we succeeded within a few weeks!”

Doortje Dekkers – Putmans (30 years old) has been the owner of Skin Therapy Practice Boxtel for 6 years. She explains: “In 2015 I took over one of the branches of my previous employer. It wasn’t thriving, but I saw it as a challenge to make it work. Which it did quite successfully. So i took over a second location from my previous employer – and soon there was so much work I needed staff. Since then we have continued to grow and grow.

I really enjoy it. The work is varied, we do medical and cosmetic treatments. I like to see progress and I like contact with people. I love owning my business. It is the combination of entrepreneurship, professional excellence and management that really appeals to me. ”

Managing growth

“We now have three branches. We bought a large building for one location that’s two-thirds let to a dental practice. In the other part, we are building our new practice with five treatment rooms.

Not only can we do our current treatments there, we’d like to expand and offer the services of a beautician, pedicure and cosmetic doctor too. Now we need a secretary!”

How to finance it

It has been an interesting journey organising finance for the new business premises. Doortje explains: “I was in contact with my bank about this from September 2019. In March 2020 there was still nothing on paper, but it all sounded very positive. There was nothing to indicate that it would not work out.

Six months later, the tone changed. Mostly because of Corona. However, we were determined so we started looking further afield. But it all had to be done quickly. The seller required the key handover to take place no later than December 31 – and it was already mid-November.”

Real estate financing through Briqwise

“We got in touch with a specialist in business real estate financing. He recommended Briqwise. A couple of the Briqwise team came to see us and we had a good conversation. Within 3 days we they had a proposal. In another few days we signed it and our property was immediately added to the Briqwise investor pool.

On December 30, I was with Briqwise at the notary and on December 31 the keys were handed over. It was hard to believe I had the keys to our new premise in my hands. After all, we’d been trying for a year and a half.

Now we are busy building and on schedule to open in September. We will be exactly six years old. ”

A business premises is a good investment

“The idea of owning your own building is so appealing. My partner is also an entrepreneur and neither of us been saving for retirement. We’ve put our hard earned money into ‘bricks and mortar’ rather than a bank or other investments.

Now we have both have rental income and space for our own business. And if we sell the property later, that will yield an excellent return. I’m not afraid of fluctuations in the real estate market. I am only 30, so we are focussed on the long term. ”

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Your money in motion

Financing real estate is the safe alternative to investing in real estate.
High returns, while maintaining certainty. Want to know more about the options?
Or do you have other questions? Then please contact us.
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