The construction or modification of a modern garden is best financed with your own savings, but if they are insufficient, you do not have to give up the investment right away. The necessary amount of funds can be obtained from the bank, for example, using a mortgage loan, a revolving limit or just a cash loan. The latter is in most cases the best choice - it has a simple structure, involves a minimum of formalities and offers quite attractive financing conditions. What do you need to know about a cash loan to be able to finance a modern garden with it in a profitable way?
Cash loan, i.e. funds for any purpose
In a modern garden you can find precisely trimmed hedges, coniferous bushes trimmed in the shape of spheres or cones, wooden leisure terraces, simple flower pots or gravel squares. There are also interesting, originally designed and comfortable furniture, as well as modern sculptures. However, regardless of what the investor wants to use in such a garden, the related expenses will be able to cover the funds from the cash loan. The latter is a banking product, used to finance any purpose that you do not even need to inform the bank about.
How much and for how long can you borrow?
An important advantage of a cash loan is the fact that it can finance both minor expenses and serious projects. Such a product allows you to obtain from about 500 to even 250 thousand. PLN, with a loan period ranging from 3 months to 8 years and more.It will therefore be a good choice if your garden requires only minor purchases or modifications, as well as when it is to be built from scratch.
Although with the help of a cash loan you can get up to several dozen or more thousands of zlotys, it is reasonable to use a lower amount of financing. A several-year, high-value commitment will generate high costs, so instead of it, it is better to divide the investment into several financially convenient stages. In this case, you will be able to use a lower loan, or even avoid taking it.
Injection of cash without unnecessary formalities
Today, you can take out a cash loan without leaving your home, and often without even having to present any financial documents. The easiest way to use the offer of a bank that has a personal account, which is regularly influenced by remuneration. In this case, the lender can quickly check the amount of income or other necessary information about the client, thanks to which he is able to immediately give him a credit decision.
In practice, you can now easily and quickly get a cash loan from other banks. It is possible, among others, thanks to the AIS (account information services) service, thanks to which, with the customer's consent, the bank can access information about his account. However, even if a given bank does not offer such a facility, when applying for a relatively low loan amount, you can still count on a simplified loan process. All formalities take literally several minutes, and the application itself can be submitted via the bank's website or possibly at its branch. However, the transfer of funds most often takes place on the same or on the next business day.
How do I find a good cash loan?
There are over a dozen banks on the Polish credit market, each of which has prepared a cash loan offer. Such a large selection allows you to count on competitive financing conditions, but on the other hand, it does not make it easier to find the best option for you.The solution to the latter problem will be helped by the use of a financial comparison website:https://finanse.rankomat.pl/ With its help, you can easily check all the relevant parameters of current loan offers, and thus, compare them in terms of profitability and choose the best lender for you.
The Rankomat comparison engine allows you to see such elements of the offer as the interest rate, the amount of commission, the APRC amount, as well as the minimum and maximum: financing amounts and loan periods. After completing a short form, you can also find out your approximate creditworthiness, i.e. the amount of credit that can be obtained.
What else is worth knowing?
If the cost of a garden investment is estimated at several or several thousand zlotys, a cash loan will most likely be the best solution. It will allow you to get a quick injection of cash, and on relatively attractive terms - it is in fact the cheapest product intended to finance any expenses.
In the case of a larger-scale investment, including not only the arrangement and arrangement of the garden, but also, for example, the installation of a new fence and gate, and the placement of paving stones, you may consider taking out a mortgage. When capital needs reach 50,000, 100,000 or 200,000 PLN, it turns out to be cheaper thancash loan, but it is worth remembering that it requires a mortgage on the property. A low-valuecash loanhas this advantage here, as it usually does not require any security.
