Private Loan offers you loans with a taxi license in Barcelona in less than 72 hours.
The Barcelona metropolitan area is one of the territories where the majority of taxi licenses in Spain are concentrated, along with the Madrid metropolitan area. In mid-2018, more than 10,000 licenses and 193 companies operating within the taxi sector were registered in the Barcelona metropolitan area.
Taxi drivers are therefore one of the most important sectors for the Barcelona economy, since 95% of those more than 10,000 licenses correspond to taxi drivers who work as self-employed workers with a single license. At Private Loan we have more than 6 years of experience in opening lines of credit and loans granting a taxi license in Barcelona as guarantee.
Loans for taxi drivers in Barcelona
Private Loan has an extensive network of private lenders that offer loans to taxi drivers in Barcelona who need financing and cannot go to a bank. The private lending sector began to grow as a result of the credit crisis that began in 2008. At that time, the banks, excessively indebted, closed their lines of credit for companies and families, leaving many applicants without financing, according to the New banking standards had too risky a profile.
At that time, certain savers who did not get a return on their money through bank products, decided to start lending those savings to individuals, asking for interest in exchange. In this way, the financing needs of certain clients who did not obtain financing through banks were solved and savers could get more return on their money.
Banks pledging taxi licenses in Barcelona
There are not too many banks that pledge taxi licenses in Barcelona or are entities that demand very specific conditions. At Private Loan we have more than 6 years of experience in opening lines of credit to taxi drivers in Barcelona. We have a wide network of private lenders who will be willing to leave you the money you need once we have studied your application and your personal financial situation.
This study phase to pledge the taxi license will not take us more than 24 hours from the moment we receive all the documentation.
Taxi license as a guarantee in Barcelona
Loans with a taxi license as a guarantee in Barcelona are included within the loans with real security; This means that what is left as a guarantee is an object. This type of guarantee is called a pledge, and is legally regulated by article 1,863 of the Civil Code.
Pledge taxi license in Barcelona
Opening a line of credit by pledging the Barcelona taxi license allows the applicant to obtain credits and loans that they would not otherwise be able to obtain.
The pledge allows to put in value the patrimony (in this case the taxi license) without having to sell it or in the worst case to sell it. In addition, the law prevents abuse by the creditor.
The legal framework that regulates pledging also establishes that the creditor may only dispose of the property, but not the income generated by that property. This means that the Barcelona taxi driver who gives his taxi license as a guarantee can continue working with it and enjoying the benefits it generates to pay the loan.
Any city in the province of Barcelona
Private Loan has a wide network of collaborators spread throughout the Spanish territory.
Therefore it does not matter if you are in Barcelona city or in any of the towns in its metropolitan area, such as Badalona, Hospitalet de Llobregat, Sant Boi, El Prat or Santa Coloma de Gramenet to give some examples.
Loans with a taxi license in Barcelona with legal guarantee
The legal framework requires that any loan or credit be signed before a notary to avoid abuses or vices that harm or benefit any of the signing parties. Any bank operates in this way, and so does private Loan in each and every one of the loans and lines of financing that it opens to taxi drivers in Barcelona.
We adapt to the applicant’s situation
Private Loan has a much smaller infrastructure than a bank, allowing it to adapt to the personal and specific situation of each of the applicants for loans with a taxi license in Barcelona. For this reason private Loan can meet the needs of applicants with profiles considered too risky by a bank. In addition, our smaller infrastructure allows us to let our client set the conditions for the return of their loan. Specifically, the taxi driver who ignores his license with us to obtain a credit can return it in the way that is most comfortable for him:
- You can choose the duration of the loan, from 1 to 10 years in duration.
- You can choose the number of payments and the type of fee: monthly, quarterly or semi-annually.
- You can choose the type of repayment of your loan. The most common is French amortization, which includes principal and interest in the same installment. In French repayment the installments are always the same throughout the life of the loan. However, the taxi driver can also take the American amortization: in this case the installments include only the interest on the loan and the principal is returned in a last payment at the end of the life of the loan.
- You can choose the notary of the Spanish city you choose. In this way, the requesting taxi driver will not have to go to a specific notary to sign the loan: it will be Private Loan who travels for such management.
Get a loan with your taxi license in Barcelona
If you are in Financial Credit Institution or Rai or simply need to reunify debts and cannot go to a bank, trust Private Loan to get a loan with a taxi license in Barcelona. We have more than 6 years of experience in the sector and we are legally regulated by the Ministry of Health and Consumption of the Government of Spain. Contact private Loan without obligation.