Costa Rica · Working Capital, Asset-Backed
Turn your property's equity into capital for your business.
Inventory, receivables, or an opportunity that won't wait. Borrow against your property with a first-position mortgage, in USD, in 7 to 14 days — without the friction of a bank line.
What working capital looks like on Lender.cr
12–16%
Annual rate
6–24 mo
Term
50%
Max LTV
7–14 days
Time to fund
01
What is an asset-backed working capital loan?
It's capital for your business operations secured by real estate instead of your cash flow. A private investor funds the loan against a first-position mortgage on the property — yours or your company's — and you use the funds for inventory, payroll, receivables, or an opportunity. Because the collateral is real, you don't depend on the financial statements a bank demands.
- For SMEs, independents, and self-employed professionals.
- The property (yours or your company's) is the collateral.
- First-position mortgage, max 50% LTV.
- Faster than a bank line; cheaper than factoring.
02
When private working capital fits
01
Inventory and peak season
You need stock before the sales peak. Take capital now and repay it from the season's revenue.
02
Receivables and cash flow
Your clients pay in 60 or 90 days but your costs are today. Working capital covers the gap without stalling operations.
03
Business opportunity
A supplier, a contract, or a discounted purchase that won't wait for the bank. Fast liquidity to capture it.
04
The bank said no or is too slow
Young company, variable income, or a foreign partner. If there's equity in the property, we don't depend on your bank profile.
03
How it works
1. Tell us about the property and business
Collateral property (yours or the company's), estimated value, and how much capital you need. Upload escritura and plano catastrado if you have them.
2. Preliminary LTV and rate
We confirm financing and a rate band the same day. No commitment, no credit hit.
3. Independent appraisal
An accredited appraiser confirms value (paid by the borrower, $300–500). This fixes your final LTV and rate.
4. Investor funds and disburses
Your deal lists on the investor marketplace. Once committed, our notario partners register the mortgage and disburse funds — typically within 7 to 14 days from appraisal.
04
How much working capital can you take?
The calculator estimates your financing from the collateral property's value and the expected rate band. No signup.
Estimates only. Final terms depend on appraisal, underwriting, and the executed promissory note.
05
Lender.cr vs. the alternatives
| Lender.cr | SME bank line | Factoring | |
|---|---|---|---|
| Time to fund | 7–14 days | 1–3 months | 1–2 weeks |
| Main cost | 4–5% origination + 12–16%/yr | Fees + variable rate | 3–8% discount per invoice |
| Financial statements required | No — collateral-based | Yes — extensive | Yes — plus your ledger |
| Young company or foreign partner OK | Yes | Rarely | Sometimes |
06
Frequently asked questions
What can I use the capital for?+
Any operating need of your business: inventory, payroll, receivables, equipment, or a one-off opportunity. We don't finance personal consumption — this is capital for a business purpose.
Does the property have to be in the company's name?+
Not necessarily. We accept collateral in your name (individual) or your company's (cédula jurídica), as long as the title is clean and the LTV fits.
Do I need to present financial statements?+
Not like a bank. The mortgage collateral is the basis of underwriting: we focus on the property, the title, and the appraisal.
How much can I take?+
Up to 50% of the collateral property's appraised value. On a $400,000 property, up to $200,000.
How fast do I get the funds?+
Typically 7 to 14 days from appraisal, once the investor commits the capital and the mortgage is registered.
Mortgage Loan Disclosures
Mortgage loan terms, costs, and consequences of non-payment
This is a mortgage loan secured by real estate, NOT a personal loan, payday loan, or short-term credit product. Mortgages are explicitly excluded from Google's personal-loans advertising policy.
Lender.cr operates a private mortgage marketplace in Costa Rica. Every loan is secured by a registered first-position lien (hipoteca de primer grado) on residential or commercial real estate located in Costa Rica. The loan cannot be issued unless the lien is recorded in the Public Registry. Final terms — interest rate, fees, and amortization schedule — are set per deal between the borrower and the funding investor, and stated in writing in a notarized credit agreement before disbursement.
The ranges below reflect typical terms across the marketplace and are not an offer of credit. Pre-qualification, property appraisal, title verification, and underwriting are completed before any binding offer is issued. Repayment terms are never shorter than 12 months.
- Loan classification
- Mortgage loan (hipoteca con garantía real). Real-estate-secured. Not a personal loan, payday loan, signature loan, line of credit, or any form of unsecured consumer credit.
- Collateral required
- Registered first-position mortgage lien on real estate located in Costa Rica. Loan-to-value capped at 50% of appraised value. No loan is funded without a recorded lien.
- Operating jurisdiction
- Costa Rica. All loans are originated, secured, and serviced under Costa Rican law.
- Loan amount range
- USD $25,000 – USD $2,000,000.
- Repayment term
- Minimum 12 months. Maximum 60 months (5 years). Interest-only or amortizing schedules available. Loans repayable in 60 days or less are never offered.
- Annual interest rate
- 12% – 16% per year, fixed for the loan term. Rate is set by the funding investor based on property, LTV, and borrower profile.
- Maximum APR (including fees)
- 22% APR. Includes interest plus origination, appraisal, notarial, and registry fees expressed as an annualized cost.
- Origination fee
- 4% – 5% of loan principal, charged at disbursement. Plus third-party costs (appraisal, notary, public registry) charged at cost.
- Late-payment fee
- 1.5% of the overdue payment, plus default interest as defined in the credit agreement.
Representative example
Loan principal: USD $100,000. Term: 36 months, interest-only with balloon at maturity. Interest rate: 14% per year, fixed. Origination fee: USD $4,500 (4.5%). Third-party costs (appraisal + notary + registry): ≈ USD $2,800. Monthly interest payment: USD $1,166.67. Total interest paid over 36 months: USD $42,000. Total cost of credit (interest + origination + third-party): ≈ USD $49,300. Effective APR including all fees: ≈ 18% per year.
Consequences of late or non-payment
Late payments incur the late-payment fee and default interest. Persistent non-payment authorizes the lender to initiate judicial foreclosure proceedings against the property securing the loan, in accordance with the credit agreement and Costa Rican law. The borrower may lose the property. Negative credit reporting may also apply. Borrowers are encouraged to review the full credit agreement with independent legal counsel before signing.
Lender.cr is a marketplace platform, not a bank or licensed deposit-taking institution. Loans are funded by private investors. This summary is informational and does not replace the binding credit agreement. Last updated: 2026-05.
Run your numbers in 30 seconds.
The calculator tells you how much working capital you can take and what rate band to expect. No signup required.