After the sale of their house (in which Dot and her husband had lived for 40 years) they had some handy money in their account. Dot and her husband decided to reserve a portion for the occasional trip and luxury purchases and safely invest the rest.
Their bank made numerous proposals to invest their money with a slightly higher return. “None of their proposals felt right.” says Dot. “With a mix of shares and bonds, the possible return is indeed much higher than bank savings, but so are the risks. And my husband and I do not want to run a real risk with our money.”
“We came into contact with Briqwise through a friend. During a surprisingly pleasant conversation we listened to Briqwise’s proposition. The fact that the loan is secured by the underlying real estate provides a safe feeling. And receiving 6% interest is of course fantastic! You will not easily find such a combination elsewhere!” says Dot.
“Briqwise’s services are meticulous and the communication was constant and clear.”
Dot and her husband chose to provide two young entrepreneurs with a loan of $200,000 with the security of the right of first mortgage. The loan sum in relation to the value of the property is 50%.
The financing has now been running for a while and $1,000 is credited to Dot and her husband’s account every month. “At the bank we received less than $50 per month.” she says with a laugh.
