rainshadowelrancho.com http://www.rainshadowelrancho.com My WordPress Blog Tue, 05 Mar 2019 05:19:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 Residual debt financing no longer deductible http://www.rainshadowelrancho.com/2019/03/05/residual-debt-financing-no-longer-deductible/ http://www.rainshadowelrancho.com/2019/03/05/residual-debt-financing-no-longer-deductible/#respond Tue, 05 Mar 2019 05:19:22 +0000 http://www.rainshadowelrancho.com/2019/03/05/residual-debt-financing-no-longer-deductible/ Read More Read More


In October 2012, the residual debt scheme went into effect to promote the flow in the housing market. With this scheme, the interest on the financing of this residual debt could be deducted from the tax when selling a house with a residual debt, for a maximum of 15 years.

No reason to extend

The scheme would end on 31 December 2017. Despite the fact that Vereniging Eigen Huis recently argued for an extension of the scheme, State Secretary Wiebes recently indicated that he does not intend to extend the scheme. He sees no reason for this, because the flow in the housing market has now been restored. In addition, the mortgage interest rate is still historically low.

According to recent research, however, there are still 340,000 homes under water. They will have to present their moving plans or take into account higher costs and lower borrowing capacity.



Residual debt financing is therefore no longer tax deductible as of 1 January 2018. State Secretary Juven Don Financier does not comply with the appeal from Vende to extend the residual debt scheme. This temporary crisis measure must keep the flow on the housing market going. Homeowners can advantageously finance a residual debt, making it easier to relocate.


If you sell your house after December 31, 2017 with a residual debt and take out a loan for this, the interest on this loan is no longer deductible. A residual debt loan will therefore have a greater impact on the remaining borrowing capacity after 31 December 2017. If there is a residual debt of which the interest is not deductible, less mortgage can be obtained when, for example, you purchase a new home or change your mortgage. If you already have a residual debt loan or close it before 1 January 2018, the interest remains deductible.



The advice for the sellers with a possible residual debt is therefore also for the transfer of the property to take place before 31 December this year.

Moving with a residual debt? Inquire about this with a mortgage advisor. This way you create a clear picture of the possibilities in your personal situation. Request an introductory mortgage interview here.

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Debt Consolidation for SMEs with Crowdlending http://www.rainshadowelrancho.com/2019/03/01/debt-consolidation-for-smes-with-crowdlending/ http://www.rainshadowelrancho.com/2019/03/01/debt-consolidation-for-smes-with-crowdlending/#respond Fri, 01 Mar 2019 11:13:18 +0000 http://www.rainshadowelrancho.com/2019/03/01/debt-consolidation-for-smes-with-crowdlending/ Read More Read More



Small and medium-sized companies or SMEs have had to resort to the consolidation of debts. Many of them surviving the last decade thanks to this financial outlet. The procedure is similar to what a natural person should do. In the first place you should look for a mediating company or debt reunification agent. These are especially responsible for carrying out the entire operation and therefore charge a commission.

Then the debt collection agent is responsible for making an analysis of all that are owed. Then negotiate with creditor financial institutions. The next step is to negotiate with them the best payment terms for the applicant company. We must bear in mind that they must reach the same interest rate, payment time and conditions. So that the borrower pays all the debts as if they were one. Many of these are refinanced and the payment term is extended.

Once the terms and conditions have been agreed upon, the pertinent documentation will be signed. As well as the collection of commissions, opening costs and penalties that result in this reunification of debts.

After the last years of crisis that Spain has lived. Not only natural persons have been forced to the reunification of debts. Many of the SMEs that stand out represent 98% of the companies in the country according to the Bank of Spain. They have seen the need to seek the refinancing of their loans and loans to stay afloat. As well as not to fall into Financial Credit Institutions or RAI.

Advantages and Disadvantages of Debt Consolidation for SMEs

Advantages and Disadvantages of Debt Consolidation for SMEs


As in any financing and refinancing process, there are advantages and disadvantages. It will be important for SME partners to study their case well in order to make the best choice and avoid future losses. Since in a first term it could seem beneficial. However, it will also depend on the mediating agent for debt reunification. And of the final negotiation that is reached with the creditors. Here some positive and negative aspects to take into account:

– Carrying out a reunification of debts has as its main advantage to reduce the monthly cost of what would be paid for the total of debts contracted. What represents greater liquidity in the cash flow for the SME.

– The monthly fee is reduced, however the term is extended. And creditors usually increase their overall Tin rate of the total owed. Meaning that you will end up paying many more for all the credits and loans.

– It allows the SME to stay out of the lists of defaulters and even leave them. Such as Financial Credit Institutions.

– In many cases, a guarantee or guarantee must be delivered. In other words, loans that previously did not need these will now. Having as risk the loss of the good or the debt for the guarantee, in case of non-compliance.

– The mediating companies or debt reunification agents do their job. They charge a commission for this work as is logical. What will have to be paid at the time of closing the negotiation.

In conclusion we can say, it will depend on each case that the decisions taken by the partners are correct or not. It implies a greater risk in a longer term. But it can achieve subsistence in times of crisis of an SME.

Crowdlending for a Homeless Debt Consolidation

Crowdlending for a Homeless Debt Consolidation


Putting a home at risk, probably that of an SME partner that is being saved. It’s not a good idea many times. This is what happens on occasions when the reunification of both personal and business debts is done. The creditors will ask for an endorsement or a guarantee. Possibly a mortgage guarantee to ensure compliance with the new conditions. If you talk about a loan 60000 euros for example or similar sums that must be joined to form one. This is where the power of information comes to life. The new methods for debt reunification that several entrepreneurs have already tried. Such is the case of Crowdlending.

Crowdlending is the method by which particular people (or other companies). They finance other companies, lending them the necessary money for projects, expansions or business deals. It is also known as P2P Lending or P2P Loans. This is the way in which SMEs can now be financed with private investment. It can be done through a company that usually acts as an intermediary between investors and applicants or borrowers. Those who finance will have a profit of course. But undoubtedly for SME partners it will be much less expensive than asking for a loan.

The reunification of debts through Crowdlending is no more. That to request through an intermediary the private capital of interested investors to settle the other previous debts. In exchange for acquiring a new debt that will yield profits to investors, now creditors. While for the borrowing partners by crowdlending, this loan will cost much less in the short, medium and long term. In comparison with the traditional way of reunification of debts through a mediating agent.

Debt reunification simulator by Crowdlending

The reunification of debts using the method by Crowdlending starts looking for a company that acts as facilitator. They are called precisely Crowdlending companies. These will make the relevant study on the solvency of the SME and they will be able to advise the partners on the terms in which they should place their refinancing. However, those who have the last word on the proposal to publish are the partners.

Once the conditions and terms of this financing for the reunification of debts have been established. The Crowdlending company will take out in its Marketplace the financing project with all that it implies. Through the Marketplace, investors who want to finance this reunification of debts will be subscribed. When you subscribe 100% of the investors, enough to carry it out becomes simple. The crowdlending company takes care of the rest. Subscribe the contract between all the parties. Transfer the money to the SME and then collect the fees from the SME for the investors.

The main advantages of this method for the reunification of debts is that they do not charge as many interests as financial institutions. These range between 7 and 8% interest, while banking are around two digits on average. No guarantees or guarantees are needed. Commissions are unquestionably much lower than those charged by the debt consolidation agent. The company of crowdlending is in charge of making the solvency study of the SME. So you do not have to pay for this either. It is easy to process and nothing is charged for early repayment.

The main disadvantage is the waiting time that this reunification of debts can take. So that private investors want to put the capital up to 100%.

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