Are you going to build or renovate a property and need some extra money to get your plans off the ground? In this article you will learn about the main credit options in the market for construction and renovation.
Main credit options for construction and renovation
credits
Creditas Reforma is a loan that allows the use of a property or vehicle as collateral for contracting credit to buy construction materials, hire labor, negotiate better forms of payment and much more.
With credit, you have money to pay for the renovation in cash and get more discounts. Offering a property or vehicle as collateral, it is possible to have one of the best interest rates on the market.
Sicredi
Sicredi offers a credit option for financing the purchase of construction materials and payment of labor to build or renovate your property.
The payment term is up to 60 months and the contracted amount will depend on the credit analysis and the contracting party’s ability to pay.
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Bradesco
Bradesco offers several credit options for you to choose from, one of which is CDC Materials for construction, a loan to finance construction materials and start or complete your work.
In this modality, it is possible to purchase construction materials in a wide network of Bradesco’s partner stores. Payment can be made in up to 48 installments and you have up to 62 days to pay the first installment.
Cashier
Caixa Econômica Federal offers Construcard , a credit line in the form of a magnetic card for the purchase of construction and renovation materials. This is a type of financing in which Caixa divides the process into two phases, utilization and amortization.
When contracting the Caixa credit line, the customer receives a debit card and has up to six months to make their purchases. Payment can be made in up to 240 months, with interest rates starting at 2.5% per month.
Inter Bank
Recently, Banco Inter launched a new line of credit for customers who wish to build their own home in a condominium. In this modality, the client finances up to 100% of the construction of houses in condominiums.
Santander
+Vezes is a quick and simple solution to buy products or services with longer terms, without using your credit card limit or opening a new account. In this modality, Santander customers can pay their purchases in up to 96 installments on the payment slip.
It works like an installment plan, in which the client needs to be approved to use it. With +Vezes it is possible to purchase construction materials in several stores affiliated to Santander.
Hiring +Vezes Santander is done directly at the partner store, just request the option at the time of payment and check if there is availability for your credit profile. All individual and corporate customers, even non-account holders at Santander, can use the service to purchase their products or services from partners in the most diverse segments.
Bank of Brazil
In this type of credit, it is possible to buy up to R$ 10 thousand in construction materials and furniture in establishments with agreements with Banco do Brasil.
Payment can be made in up to 48 installments, with up to 59 days to start paying. The contracting of financing is easy and takes place directly on the Cielo machine of affiliated retailers. To request the installment plan, simply pay your purchases with the Ourocard credit card using the “Crediário” function.
Choose the number of installments and the due date of the installments. The limit of your Ourocard credit card will not be compromised.
construction shop card
Construction store credit cards are also great options for those looking to build or renovate. There are several establishments that offer this option for their customers to have better installment conditions. Check out some options:
- Tumkus Card: pay up to 6 interest-free installments or 15 fixed installments at Tumkus stores;
- Tendtudo Card: use it in more than 1 million establishments, make cash withdrawals and make payments. Only on the Tendtudo card, all purchases can be paid in up to 36 fixed installments or up to 15 interest-free installments;
- Celebre Card: credit card from Leroy Merlin stores. Get discounts on your first purchase, pay your purchases in up to 36 fixed installments and have an extra limit for purchases in the chain’s stores.
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