The expert, quoted in a video on Instagram, stressed that the amount invoiced or the initial contribution are not the only elements valued by the bank. The key to approving the operation lies in the real financial health of the business activity.
“"If the company is running losses or has a negative working capital, nobody will grant you a mortgage even if you contribute 200,000 euros to the purchase."
Cespedosa warned that if losses appear on the income statement, the bank will only consider net income, which can lead to the denial of the operation, even with large capital contributions.
Another determining factor is seniority as a self-employed person or entrepreneur and the recurrence of income. Furthermore, she specified that “it is useless to raise your salary in the last three months” nor are dividends counted as stable income for the operation.
