Who can apply for credit?
- Aged between 18 and 75 years old.
- Resident in Spain.
- Not be on any list of defaulters
- Have sufficient income to cover repayments without default.
What information and documents are needed?
- Operation data
- Personal data
- Economic data
Once this information has been supplied and depending on the client profile and type of operation, applicants must supply all documents necessary to confirm the information given in order to make an analysis. On acceptance of conditions of service the borrower authorizes us to seek information from credit reference agencies such as Asnef. The borrower also authorizes us to present their application, while protecting their privacy, to as many collaborating lenders as is necessary to obtain financing.
What can I get credit for?
How long will approval of the application take?
What costs are involved?
Commission rates:
0 – 60,000 Euro = 2% commission
60,000 – 120,000 Euro = 1,5 % commission
+120,000 Euro= 1% commission
For example: Our client applies for a loan of €1,000. Once confirmed and signed the client pays us our professional fees as follows:
1,000 * 2 /100 = €20.
What criteria are used by Needs&Links in the selection of credit applications presented?
Employment stability
Borrowing capacity, that is to say the ability to meet repayments
Having no defaulter incidences.
What advantages are there for the collaborating institutions with Needs&Links?
How is contact made?
What fees are payable by the collaborating institutions?
Our fees are paid by our clients.
Is there a maximum time period for response?