THE TABLE
No bank competeswith itself.
Competition is created by those outside the banks.
THE BANK DOESN'T ASSESS YOU. IT ASSESSES WHAT YOU PRESENT.
And each institution assesses in its own way. One weighs formal income. Another, wealth. Another, the property's legal details. A refusal is rarely about you. It is almost always about how the deal was presented.
PROFILE READING
Wealth, income, corporate structure and the purpose of the deal.
TAILORED PRESENTATION
The same deal, organised for each institution's policy.
COMPETITION
The institutions compete for the proposal. You choose the best one.
TOTAL EFFECTIVE COST
The rate is where the conversation starts.
Two proposals with the same rate can cost very different amounts. Tap each layer to see what makes up the cost.
INTEREST
The number that appears in the advert. It is the largest part, but not all of it.
INSURANCE
Life and disability insurance and property insurance, mandatory in the deal.
FEES
Registration and contract administration fees.
VALUATION
The cost of the property appraisal report, charged by the institution.
REGISTRATION
Registration of the collateral at the notary and deed expenses.
TAXES
IOF and other taxes levied on the deal.
Illustrative breakdown. At the table, every proposal is presented by total effective cost (CET).
ALREADY HAVE A PROPOSAL?
Bring it to the table before signing.
It comes in as the starting point. The other institutions receive the deal and must beat it.
INDIVIDUALS
Liquidity for opportunities, without selling assets.
COMPANIES
Long-term capital to grow, with the property as collateral.
Fragata acts in structuring and intermediating the deal. The granting of credit, rates, terms and limits are set by the financial institutions, subject to analysis. Breakdowns and simulations are illustrative and do not constitute an offer.
