One of the challenges to financing property in the Caribbean, is the lack of liquidity in the market. The banks are reluctant lending partners, not sure whether they want to stay or go, making conventional financing a challenge for borrowers. Without the banks, clients are having to rely on alternative financing options to for their purchases, such as the private financing offered by Carib Capital.
Matching Investors with Qualified Borrowers
One of the ways we finance properties throughout the Caribbean is by matching Caribbean investors with qualified borrowers who are looking to purchase vacation and investment properties in select tourist destinations. Our loans offer investors a safe and secure investment with a solid return. With the stock market up and down daily, these investments are a predictable return on over collateralized real estate.
As the lender, you decide where, how much, loan to value (usually 50% max) and properties you will consider. This gives you control over where your investments dollars go. For those who are not comfortable making these decisions, we can offer advice and safe guards so you can rest easy knowing your investment is not at risk.
This is one of the benefits of direct private lending over a mortgage fund, where you lose some of the control over the investment and there are lower returns due to the monies that needs to be held in reserve for withdrawals from the fund.
Returns on your Caribbean Investments
Our investors enjoy returns starting at 7%, although they can be higher for those wishing to take on land or construction loans. You decide! All loans are brought to our investors for them to review and approval; you are the bank!
Construction loans are a higher risk loan in the Caribbean. We mitigate the risks, however due to the inherently higher risk, the returns are reflect this risk. These loans often have returns of 9-10%, a great return for a relatively low risk investment.
These investments are very hands off from the investors point of view. We handle all the payments, draws (on constructions loans), collections, payouts etc, leaving you to simply sit back and collect your returns.
Private financing is a safe, secure way to invest your money in the Caribbean. We primarily operate in The Bahamas, Turks and Caicos and Cayman Islands however if you are interested in being an investor for other islands, we can usually accommodate.
