RiverBank transforms real estate loan process with new digital proposition

Fintech RiverBank has launched a fully digital loan application process for advisors and intermediaries in the professional real estate sector. This so-called funnel is much faster than traditional application processes and offers room for tailor-made solutions.

The funnel process has been developed for advisors representing their clients in the professional real estate sector. These can be (a group of) investors, real estate project developers or SME companies with real estate for own use or for professionals directly, who are looking for this bespoke type of financing product.

The highly intuitive and user-friendly process and dashboard permits advisors to apply for loans between EUR 750,000 and EUR 5,000,000 with a maturity range from one to seven years in a fast process. Moreover, it grants applicants access to an extensive set of loans in terms of variety, from regular real estate loans to bridge loans, including refurbishment and (re)development of properties. The tailor-made experience supports the business partner in each step, allowing the applicant to check his progress and edit each input before final submission.

Robin Rinkes, Executive Committee member and Head of Origination at RiverBank comments:
“We’re delighted to launch this digital application process, as we think we can truly help our partners with faster and more tailor-made financing services. Our mission is to be the digital bank that makes financing to SMEs and real estate professionals easy. This is exactly what the funnel does.”

The launch of this specific proposition is regarded innovative in a market segment that still operates with traditional systems.

In addition, RiverBank can provide a much more customized solution to meet fast evolving client demands, something traditional (banking) systems often have difficulty handling. The proposition has been simultaneously launched in Belgium, France, Germany, Luxemburg, and The Netherlands.

RiverBank is no stranger to this segment of the industry. The company has a strong real estate capability and track record. Most of its senior management members have decades of industry experience and are leading the company in consistently tapping into the growth of the sector. Next to the digital loan proposition for real estate advisors, RiverBank also has a bespoke term loan offering product to SMEs, as well as a digital, instant small business loan proposition.