Izilend, an alternative financing vehicle part of FS Capital and operational since 2018 in Spain and Portugal, has created a new strategy to grant smaller loans than those offered until now for real estate assets. This initiative will allow the company to extend its reach to operations that do not exceed €1 million.
The strategy will focus on bridge loans ranging from EUR 300,000 to EUR 1 million, with Spain as the main market. To carry out this new approach, Izilend will allocate the firm's own funds and aims to reach an annual financing target of between five and ten million euros.
The loans will have an estimated average ticket size of 500,000 euros and an average duration of 15 months, although they may be extended up to a maximum of two years. The repayment terms include repayment of the principal plus interest at maturity.
With more than five years of experience in the alternative financing sector, Izilend has consolidated its presence in both Spain and Portugal. This track record has allowed the creation of structural synergies between Izilend and its parent company FS Capital, optimising costs and leveraging equity to back this new line of financing for loans of up to EUR 1 million.
So far, Izilend has financed more than 140 projects with a total value of more than EUR 400 million in the Iberian Peninsula, spread across 20 provinces in Spain and Portugal. In addition, it has analysed investment opportunities with a value exceeding €5 billion.
