Hent provides a digital platform that enables land lot developers to access credit quickly, offering loans starting at R$50,000 with approval in as little as five days, without the need for real estate collateral. The service addresses the cash flow challenges faced by developers during construction by allowing them to draw on their receivables, streamlining the financing process and reducing bureaucratic delays.
Funding
$2.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VVFounders
Product
Problem
Land lot developers often face challenges in accessing credit to manage cash flow during construction, especially when traditional financing options require real estate collateral and involve lengthy approval processes. This can lead to delays and hinder the pace of development projects.
Solution
Hent provides a digital platform that streamlines access to credit for land lot developers, offering loans starting from R$50,000 with approval times as short as five business days. Unlike traditional lenders, Hent does not require real estate collateral, instead leveraging the receivables from the land lots themselves as security. This allows developers to draw on their expected income to cover expenses during the construction phase, reducing financial exposure and accelerating project timelines. Hent's platform also eliminates structuring costs and enables developers to acquire credit in smaller tranches, paying interest only on the amount used.
Target Audience
Hent primarily targets land lot developers and real estate companies in Brazil seeking flexible and rapid access to capital for their construction projects.
Features
- Credit lines starting from R$50,000, accessible within 5 business days post-approval
- No requirement for real estate collateral; receivables from the development serve as guarantee
- Zero structuring costs, unlike traditional financing models
- Credit tranches aligned with cash flow needs, allowing developers to borrow only what they need when they need it
- Digital platform for managing receivables and accessing credit
- Automated collection flow with payment reminders via email, SMS, and WhatsApp
- Client portal for managing payments, accessing statements, and requesting installment advances
- Dashboards and reports for monitoring delinquency and reconciling payments