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Follow on Google News | REINNO releases a lending platform demoREINNO has recently launched the demo version of its revolutionary lending platform. It offers liquidity to real estate investors and unlocks the value of their assets.
By: REINNO REINNO's services are created for real estate owners and investors. At the moment they have to commit to expensive long-term investments and might not have access to the property value for years, either because of the lock-in period or inability to sell. This is extremely risky given that their personal financial status and market conditions can change. When someone takes a loan backed by traditional real estate, another problem arises. Regular loans are inefficient, slow and costly. Financial markets are overcrowded with offerings but none of them provide simple and flexible solutions. Mortgages block entire properties while HELOC requires a second mortgage. REINNO solves these issues through tokenization — or digital representation of property titles as tokens. When someone buys a fraction of real estate, they receive a flexible investment instrument that can be immediately used as loan collateral. Taking a loan backed by tokenized real estate has many benefits: - Flexibility — take a loan against just a fraction of a property, borrow against several properties at a time, choose a payout method and the repayment period. - Liquidity — at every repayment the system returns digital assets that you can sell or use to borrow more right away. With traditional lending it is not possible until the whole loan is repaid. - No paperwork — all the property information is recorded on blockchain. You don't have to do any paperwork when borrowing against tokenized real estate. - Speed — the lending process is instant. - Convenience — access our platform 24/7 without going to an office or waiting in lines. The funds will be transferred to an account of your choice right away. - Lower Fees — REINNO eliminates the need for middlemen, making lending more efficient. As you can see, tokenization can unlock the value of real estate by enabling paperless, hustle-free loans that give investors instant access to cash and unmatched flexibility. They no longer have to settle for illiquid investments. REINNO is proud to present a revolutionary lending solution that will make real estate investments even more attractive. Here is a sneak peek of the platform: https://youtu.be/ The demo version of our platform is currently available upon request. Please contact REINNO if you would like to schedule a session and experience the functionality yourself or visit http://reinno.io to learn more. End
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