Ahorrofinan

Financing advice in Alicante

Ahorrofinan is a financial advisory firm based in Alicante that brokers and negotiates financing products. It works with individuals, self-employed workers, professionals, and businesses under the legal name ALC AHORROFINAN S.L. Its slogan, “We don't charge unless we get results,” means its fees depend on securing financing.

Mortgage and personal financing

The company focuses on two main areas: mortgages and personal loans. Its featured mortgage service is mortgage refinancing through an increase in the loan amount; it also offers mortgage advice, reverse mortgages, loans secured by real estate, mortgage refinancing, and mortgage modifications. Personal loans are tailored to different profiles, including public employees, self-employed workers, taxi drivers, businesses, retirees, and pensioners.

Ahorrofinan also arranges private capital for companies unable to obtain bank credit. According to the company, these loans are backed by real estate assets such as buildings, industrial facilities, urban land, homes, hotels, and garages. It says annual interest rates are usually between 9% and 12%, transactions start at €20,000, and financing is typically 30% to 40% of the property's appraised value. The company says this option may be available to businesses with unpaid debts or listings in Spain's ASNEF or RAI credit-default registers if they can provide property with no liens or a small outstanding mortgage.

Who the firm works with

The firm serves individuals seeking financing for smaller projects as well as professionals and businesses that need liquidity. For private-capital financing, the main requirement is real estate that can serve as collateral. Ahorrofinan says its advisers review each case individually at no charge and negotiate with banks and other credit and private-capital companies.

Office and contact

• Main office: Calle María Nom de Déu, left stairway, first floor, Office C, Alicante.
• Phone: +34 622 26 42 30.
• Email: documentacion@ahorrofinan.es.
• Hours: Monday through Thursday, 9 a.m. to 6:30 p.m.; Friday, 9 a.m. to 2 p.m.

The company also lists an insolvency mediator address at 8 Calle Lombia, ground floor, Unit 6, Madrid, and says it carries professional liability insurance, with the policy available for review.

What the company offers

Ahorrofinan presents itself as an intermediary that negotiates with several providers to obtain favorable terms, particularly for mortgage increases and real-estate-backed business financing. Its stated no-results, no-fee policy means clients do not pay the firm's fee if financing is not secured.