:: STANDARDIZE – The first step towards the securitization of your receivables.

A product developed to grant the capacity for developers to originate standardized credits ready for securitization, providing flexibility and liquidity for the developer receivables.

Our Difference

• Warehouse Fund I guarantees the purchase of credits originated in a standardized format;
• The products of the National Receivables Company are supported by the standardized services of MSFI;
• Operational partnerships that guarantee facility to clients;
• Personalized service to developers from our regional technicians and commercial representatives.

Advantages

• Flexibility for decision making;
• Agility in contracting bank pass-through or direct standardized sales;
• Lower costs in securitization;
• Agility in negotiating receivables;
• Greater leverage in the negotiation of receivables;
• Ready made delivery of real estate receivables;
• Increased avenues for utilization of the receivables.

PRINCIPAL CONDITIONS FOR TERM FINANCING

	Residential	Commercial
Maximum property value	No limit	No limit
Minimum property value	R$ 40,000
Installment Amount	Up to 75% of the lower of the appraised or sales value of the appraised or sales value	Up to 70% of the lower of the appraised or sales value of the appraised or sales value
Maximum Debt	R$ 1.000.000,00	R$ 1.000.000,00
Minimum Debt	R$ 30.000,00	R$ 30.000,00
Maximum Term	180 months	120 months
Minimum Term	12 months	12 months
Contract Index	IGP-M at delivery	IGP-M at delivery
Amortization	TP or SAC	TP or SAC
Adjustments	Monthly	Monthly
Payments	At a minimum 60% of installments are monthly	At a minimum 60% of installments are monthly
Guarantee	deed in trust	deed in trust
Insurance	MIP / DFI	MIP se PF / DFI
Debt to Income	25% for TP or 30% for SAC	25% for TP or 30% for SAC