Examples of completed financings
Below are several realized financings from WDL Credit Funds.
Commercial real estate
North Brabant
Bridge financing home remodeling
| Loan | € 600.000,= |
| Interest | 8,50% |
| Repayment | No repayment during term |
| Duration | max. 9 months with a minimum interest period of 3 months |
| Collateral | 3rd mortgage on the home with an LTV of 70% after financing |
| Liability | Deposit |
Commercial real estate
South Holland
Bridging finance to purchase seaside apartment
| Loan | € 350.000,= |
| Interest | 7,25% |
| Repayment | No repayment during term |
| Duration | 9 months |
| Collateral | 1st mortgage on OG with an LTV of 53% |
| Liability | Private liability |
Commercial real estate
Utrecht
Commercial real estate financing
| Loan | € 600.000,= |
| Interest | 7,25% |
| Repayment | €20,400 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with LTC of 70%, pledge lease agreement |
| Liability | Deposit |
Project Development
North Brabant
Financing apartment development
| Loan | € 700.000 |
| Interest | 7,5% |
| Repayment | € 20,000 per year |
| Duration | 24 months |
| Collateral | 1st mortgage on OG, pledge rental payments |
| Liability | Deposit |
Project Development
North Brabant
Financing bridging home
| Loan | € 750.000,= |
| Interest | 7,5% |
| Repayment | No repayment during term |
| Duration | 8 months, with a minimum interest period of 3 months |
| Collateral | 1st mortgage on OG with an LTV of 52% |
| Liability | Deposit |
Project Development
North Brabant
Financing construction project development
| Loan | € 300.000,= |
| Interest | 8% |
| Repayment | No repayment during term |
| Duration | 12 months |
| Collateral | 1st mortgage on OG with LTV of 50%, |
| Liability | Deposit |
Project Development
Gelderland
Financing development 2 apartments
| Loan | € 200.000,= |
| Interest | 7,5% |
| Repayment | €9,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on property with an LTV of 72.7%, pledged rental payments |
| Liability | Deposit |
Agricultural
North Holland
Financing investments + working capital
| Loan | € 875.000,= |
| Interest | 8,0% |
| Repayment | € 42,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 61%, pledging rental payments |
| Liability | Deposit |
Commercial real estate
Utrecht
Financing property for rental purposes
| Loan | € 350.000,= |
| Interest | 7,5% |
| Repayment | € 14,400 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on the property with an LTV of 80%, pledge rental payments |
| Liability | Deposit |
North Brabant
Financing purchase of equestrian center
| Loan | € 1,260,000 (split between 2 investors) |
| Interest | 7,75% |
| Repayment | €25,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 69%, pledged rental receipts box rental |
| Liability | Deposit |
Recreation
North Brabant
Financing recreation complex
| Loan | € 1,250,000 (split between 2 investors) |
| Interest | 8,0% |
| Repayment | € 36,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on leisure complex with an LTV of 71%, pledging inventory, goodwill and other movable property |
| Liability | Deposit |
Retail
Gelderland
Refinancing bakery
| Loan | € 350.000,= |
| Interest | 7,0% |
| Repayment | €4,800 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 70%, pledging rental payments |
| Liability | pledge of rent payments |
Wholesale
South Holland
Refinancing corporate warehouse wholesale business
| Loan | € 275.000,= |
| Interest | 7,75% |
| Repayment | € 12,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 85%, pledging rental payments |
| Liability | Deposit |
Commercial real estate
North Brabant
Refinancing office property
| Loan | € 140.000,= |
| Interest | 6,75% |
| Repayment | €48,000 per year |
| Duration | 3 years |
| Collateral | 1st mortgage on OG with an LTV of 25%, pledging rental payments |
Hospitality
North Brabant
Refinancing hospitality operation
| Loan | € 1,350,000 (divided among 4 investors) |
| Interest | 7,50% |
| Repayment | € 30,000 per year |
| Duration | 36 months |
| Collateral | 1st mortgage on OG with an LTV of 90%, pledge lease agreement, pledge rental agreement, pledge inventory |
| Liability | Deposit |
Watersports
Friesland
Refinancing business properties
| Loan | € 400,000 (split between 2 investors) |
| Interest | 7,75% |
| Repayment | No repayment during term |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 38% |
| Liability | Private liability |
Agricultural
Zeeland
Financing company residence incl. halls and farmland
| Loan | € 965,000,= incl. bridging €360,000.= |
| Interest | 7,75% |
| Repayment | 1st year redemption free, thereafter € 21,000 per year |
| Duration | 5 years, bridging: max. 2 years with a min. interest period of 3 months |
| Collateral | 1st mortgage on OG with an LTV of 63% Collateral for bridging: 2nd mortgage on OG to be sold, 2nd mortgage on private home to be sold |
Commercial real estate
Zeeland
Financing apartment
| Loan | € 325,000,= incl. € 200,000.= bridge |
| Interest | 7,25 % |
| Repayment | € 2,400 per year |
| Duration | 5 years, part bridging max. 18 months |
| Collateral | 1st mortgage on OG with an LTV of 66%, pledging rental payments |
| Liability | Deposit |
Commercial real estate
Utrecht
Refinancing garage boxes/units
| Loan | € 300,000 (split between 2 investors) |
| Interest | 7,5% |
| Repayment | €9,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 62%, pledging rental deposits garage boxes |
| Liability | Deposit |
Commercial real estate
Gelderland
Financing real estate for development of apartments
| Loan | €800,000 (divided among 3 investors) |
| Interest | 7,50% |
| Repayment | € 20,000 per year |
| Duration | 3 years |
| Collateral | 1st mortgage on OG with an LTV of 69%, pledging rental payments |
| Liability | Deposit |
Retail
North Brabant
Financing residential complex for the purpose of housing employees
| Loan | € 450.000,= |
| Interest | 7,50% |
| Repayment | € 12,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 76%, pledging rental payments |
| Liability | Deposit |
Commercial real estate
North Brabant
Property purchase
| Loan | €250,000 (split between 2 investors) |
| Interest | 7,50% |
| Repayment | No repayment during term |
| Duration | 12 months |
| Collateral | 1st mortgage on home with an LTV of 52% |
| Liability | Private liability |
Commercial real estate
North Brabant
Refinancing commercial plinth
| Loan | € 650,000 (divided among 3 investors) |
| Interest | 7,25% |
| Repayment | € 24,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 65%, pledging rental payments |
| Liability | Private liability |
Commercial real estate
Gelderland
Financing real estate for development of apartments
| Loan | € 500,000 (split between 2 investors) |
| Interest | 7,50% |
| Repayment | € 50,000 per year |
| Duration | 24 months |
| Collateral | 1st mortgage on OG with an LTV of 72%, pledging rental payments |
Commercial real estate
North Holland
Refinancing and remodeling office building
| Loan | € 2.200.000,= |
| Interest | 7,50% |
| Repayment | €48,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 58%, pledging rental payments |
| Liability | Deposit |
Production company
North Brabant
Refinancing business premises
| Loan | € 375.000,= |
| Interest | 7,75% |
| Repayment | €25,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on business OG and 1st mortgage on private home together with an LTV of 70% |
| Liability | Deposit |
Wholesale
Twente
Financing industry peer acquisition and working capital
| Loan | € 580,000 (split between 2 investors) |
| Interest | 7,50% |
| Repayment | € 24,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with 67% LTV, pledging rental payments |
| Liability | Deposit |
Hospitality
South Holland
Financing hospitality property
| Loan | € 600.000,= |
| Interest | 7,50% |
| Repayment | € 18,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 72%, pledging rental payments |
| Liability | Deposit |
Project Support
Utrecht
Financing rental properties
| Loan | € 520.000,= |
| Interest | 7,25% |
| Repayment | €20,800 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 75%, pledging rental payments |
| Liability | Deposit |
Posting
Gelderland
Financing business property
| Loan | € 635.000,= |
| Interest | 7,50% |
| Repayment | € 31,800 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on business property with a Loan To Value of 72% |
| Liability | Deposit |
Commercial real estate
South Holland
Project Funding
| Loan | € 1.000.000,= |
| Interest | 8,0% |
| Repayment | No repayment during term |
| Duration | 24 months |
| Collateral | 1st mortgage on OG, financing 100% of purchase cost, pledge receivables |
| Liability | Deposit |
Commercial real estate
Friesland
Financing project development
| Loan | € 350.000,= |
| Interest | 8,5% |
| Repayment | €8,000 per lot upon cancellation and remaining amount upon completion of phase I |
| Duration | Maximum 18 months |
| Collateral | 1st mortgage on land, 73% Loan To Cost-Ratio (LTC) |
| Liability | Deposit |
Healthcare
Zeeland
Refinancing and change of zoning and permit
| Loan | € 110.000,= |
| Interest | 7,0% |
| Repayment | No repayment during term |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 50%, pledging rental payments |
| Liability | Private liability |
Animal Clinic
North Brabant
Enterprise expansion
| Loan | € 200.000,= |
| Interest | 7,75% |
| Repayment | € 10,200 per year |
| Duration | 5 years |
| Collateral | 2nd mortgage on OG with 53% Loan to Value, pledge rental payments |
| Liability | Private liability |
Mechanical Engineering
Gelderland
Working Capital Financing
| Loan | € 750.000,= |
| Interest | 7,50% |
| Repayment | No repayment during term |
| Duration | 36 months |
| Collateral | 1st mortgage on property with a Loan To Value of 53% |
Commercial real estate
Gelderland
Financing loan to grandchildren related to home purchase
| Loan | € 260.000,= |
| Interest | 6,50% |
| Repayment | No repayment during term |
| Duration | 3 years |
| Collateral | 1st mortgage on OG with an LTV of 33%, pledging rental payments |
| Liability | Private liability |
Commercial real estate
North Brabant
Home and business refinancing
| Loan | € 1,000,000 (split between 2 investors) |
| Interest | 6,75% |
| Repayment | First year redemption-free, thereafter €24,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on rental property and private residence with an LTV of 53%, pledged rental deposits |
| Liability | Private Liability |
Handyman
Gelderland
Financing housing for housing employees
| Loan | € 170.000,= |
| Interest | 7,0% |
| Repayment | No repayment during term |
| Duration | 36 months |
| Collateral | 1st mortgage OG with an LTV of 57%, pledging rental payments |
| Liability | Private liability |
Project development
North Brabant
Bridge funding for residential care residence development
| Loan | € 1.440.000,= |
| Interest | 7,50% |
| Repayment | No repayment during term |
| Duration | 18 months |
| Collateral | 1st mortgage OG with 72% Loan to Value, pledge rental payments |
| Liability | Deposit |
Commercial real estate
North Brabant
Financing lots for project development
| Loan | € 800.000,= |
| Interest | 8,0% |
| Repayment | No repayment during term |
| Duration | 2 years |
| Collateral | 1st mortgage on plot/ lots with an LTV of 73% |
| Liability | Private liability |
Commercial real estate
South Holland
Financing combination property hospitality and residential
| Loan | € 450.000,= |
| Interest | 6,75% |
| Repayment | €9,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with 65% LTV, pledge rental payments |
| Liability | Private liability |
Commercial real estate
North Brabant
Financing sustainability
| Loan | € 225.000,= |
| Interest | 7,0% |
| Repayment | No repayment during term |
| Duration | 2 years |
| Collateral | 1st mortgage on OG with 50% LTV, pledge rental payments |
| Liability | Private liability |
Commercial real estate
North Holland
Financing portfolio Residential Real Estate
| Loan | € 3.400.000,= |
| Interest | 7,25% |
| Repayment | No repayment during term |
| Duration | 2 years |
| Collateral | 1st mortgage on OG consisting of 5 leased properties, pledge rental payments |
| Liability | Deposit |
Agricultural
Central Brabant
Financing business property
| Loan | € 1.700.000,= |
| Interest | 8,0% |
| Repayment | €100,000.= per year |
| Duration | 3 years |
| Collateral | 1st mortgage on OG with 73% Loan To Value |
| Liability | Deposit |
Commercial real estate
North Brabant
Financing real estate for the purpose of redevelopment
| Loan | € 270.000,= |
| Interest | 7,75% |
| Repayment | €10,800 per year |
| Duration | 3 years |
| Collateral | 1st mortgage on OG with a Loan to Value of 92%, pledging rental payments |
| Liability | Deposit |
Commercial real estate
Utrecht
Financing company home with business premises
| Loan | € 310.000,= |
| Interest | 6,75% |
| Repayment | €8,400 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with an LTV of 48.4%, pledge of rental payments |
| Liability | Bail |
Moving industry
North Holland
Financing business property
| Loan | € 630.000,= |
| Interest | 7,00% |
| Repayment | € 30,000 per year |
| Duration | 3 years |
| Collateral | 1st mortgage on commercial property with 70% LTV, pledge rental payments |
| Liability | Deposit |
Commercial real estate
North Holland
Financing retail
| Loan | € 2,650,000 (divided among 4 investors) |
| Interest | 6,25% |
| Repayment | € 30,000 per year |
| Duration | 3 years |
| Collateral | 1st mortgage on property with 70% Loan to Value, pledge rental payments |
| Liability | Private liability |
Commercial real estate
South Holland
Financing business units
| Loan | € 275.000,= |
| Interest | 7,0% |
| Repayment | € 12,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage OG with 76% Loan to Value, pledge rental payments |
| Liability | Joint and several liability |
Commercial real estate
Twente
Project Funding
| Loan | € 500.000,= |
| Interest | 8,0% |
| Repayment | No repayment during term |
| Duration | Maximum 13 months |
| Collateral | 1st mortgage OG and 2nd mortgage on both private residences debtors |
| Liability | Private liability |
International trading company
South Holland
Financing business property
| Loan | € 1.225.000,= |
| Interest | 6,25 % |
| Repayment | € 60,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on business property with 50% Loan to Value |
Agricultural
North Brabant
Refinancing flower farm/storage areas
| Loan | € 200.000,- |
| Interest | 6,75% |
| Repayment | € 12,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with 28% Loan to Value |
Agricultural
Gelderland
Financing goat farm
| Loan | € 600.000,= |
| Interest | 6,0% |
| Repayment | € 36,000 per year |
| Duration | 5 years |
| Collateral | 2nd mortgage |
| Liability | Real estate |
Commercial real estate
North Brabant
Financing rental property
| Loan | € 240.000,= |
| Interest | 6,25% |
| Repayment | € 12,000 per year |
| Duration | 3 years |
| Collateral | 1st mortgage OG with 74% Loan to Value |
Commercial real estate
South Holland
Financing Burger King
| Loan | € 1,700,000 (divided among 3 investors) |
| Interest | 5,25% |
| Repayment | € 55,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage 73% Loan to Value, pledge rental payments |
Sales and installation of blinds
Noor
Financing enterprise
| Loan | € 650.000 |
| Interest | 6,50% |
| Repayment | € 15,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage on commercial OG, 54% LTV |
| Liability | Pledged inventories, receivables and inventory |
Commercial real estate
North Brabant
Financing caravan storage and storage units
| Loan | € 750.000,= |
| Interest | 6.00% per year |
| Repayment | € 24,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage leased property with 50% LTV, pledge rental payments |
Solar energy
Utrecht
Financing working capital
| Loan | 500.000,= |
| Interest | 7,5 % |
| Repayment | No |
| Duration | 3 years |
| Collateral | 1st mortgage on private residence |
| Liability | Bail 100% |
Commercial real estate
The Hague
Financing business premises
| Loan | 1.450.000,= |
| Interest | 5,25% |
| Repayment | No |
| Duration | 5 years |
| Collateral | 1st mortgage on commercial properties and apartments with 72.5% Loan To Value, Pledged rental deposits |
Hospitality
Emmen
Refinancing company
| Loan | 700.000,= |
| Interest | 6,75% |
| Repayment | 36,000.= per year |
| Duration | 5 years |
| Collateral | 1st mortgage on OG with 85% Loan to Value |
| Liability | Bail 25% |
Agricultural
Central Brabant
Financing trading company
| Loan | 500.000,= |
| Interest | 9,00% |
| Repayment | No |
| Duration | 1 year |
| Collateral | 1st pledge of accounts receivable, inventories, inventory and machinery |
| Liability | Joint and several liability |
Commercial real estate
Rotterdam
Financing residential shopping property
| Loan | € 550.000,= |
| Interest | 5,50% |
| Repayment | 12,000.= per year |
| Duration | 5 years |
| Collateral | 1st mortgage on retail property with 6 apartments with 67% Loan To Value |
| Liability | Private liability |
Project development
Northern Limburg
Financing purchase of assets from bankruptcy
| Loan | € 4.500.000,= |
| Interest | 8,75% |
| Repayment | No |
| Duration | 2 years |
| Collateral | 1st mortgage on OG with 60% Loan To Value |
| Liability | Private Liability |
Commercial real estate
Sint-Oedenrode
Financing hospitality property
| Loan | € 350.000,= |
| Interest | 6,00% |
| Repayment | € 1,000 per month |
| Duration | 5 years |
| Collateral | 1st mortgage on hospitality property with 58% LTV, Pledged rental deposits |
| Liability | Private liability |
Agricultural
Breda
Financing farmland
| Loan | € 725.000,= |
| Interest | 5,50% |
| Repayment | No |
| Duration | 5 years |
| Collateral | 1st mortgage with 40% Loan To Value |
| Liability | Private liability |
Staffing industry
Nijmegen
Financing loan to PH
| Loan | € 850.000,= |
| Interest | 6,50% |
| Repayment | No |
| Duration | 18 months |
| Collateral | 1st mortgage on private home with 31% LTV |
| Liability | Private liability |
Healthcare
Noordwijk
Financing business property
| Loan | € 360.000,= |
| Interest | 5,50% |
| Repayment | €15,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage with 80% Loan To Value |
| Liability | Private liability |
Commercial real estate
Amsterdam
Financing storefront
| Loan | € 1.200.000,= |
| Interest | 6,00% |
| Repayment | €50,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage with 60% Loan To Value |
| Liability | Private liability |
Commercial real estate
Kerkrade
Commercial building + apartments
| Loan | € 900.000,= |
| Interest | 6,50% |
| Repayment | €30,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage with 55% Loan To Value |
| Liability | Private liability |
Measurement and control equipment
Den Bosch
Financing business acquisition
| Loan | € 260.000,= |
| Interest | 8,5% |
| Repayment | € 52,000 per year |
| Duration | 5 years |
| Collateral | Pledged accounts receivable, machinery and inventory |
Commercial real estate
Eindhoven
Commercial building with apartment
| Loan | € 400.000,= |
| Interest | 5,75% |
| Repayment | No |
| Duration | 1 year |
| Collateral | 1st mortgage with 75% Loan To Value |
| Liability | Borgtoch 25% |
Commercial real estate
Schijndel
Financing business property
| Loan | € 1.260.000,= |
| Interest | 6,00% |
| Repayment | € 50,000 per year |
| Duration | 5 years |
| Collateral | 1st mortgage with 70% Loan To Value |
| Liability | Private liability |