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Ador Oy has developed a new competitive bidding process for housing company loan margins.
The Ador service challenges housing companies to effortlessly compete for their loan margins. The competitive bidding of housing company loans has long been an inefficient process for both the housing companies seeking loans and the banks granting them, resulting in loan margins often not being competitively bid. The Ador service conducts an analysis based on a digital process and the benefits of mass competitive bidding on behalf of the banks. This speeds up the banks’ ability to make loan offers. All major Finnish banks are involved in the Ador service.
The savings potential in housing company loan margins is significant, ranging from 30% to 70%. According to experiences, housing companies can save between €5,000 and €1,000,000 depending on the loan. With successful competitive bidding and a reduction in the loan margin, the costs related to the shareholder’s housing also decrease.
The service is based on a so-called success fee. If no monetary savings are achieved with Ador’s help, the customer does not pay anything for the service. If the customer accepts the offer and savings are realized, Ador’s fee is 25% of the first year’s savings. Savings refer to the savings from the loan margin costs, from which the costs of the loan bidding are deducted.
Through the Ador service, it is now possible to compare loans, and our loan analysis will reveal the competitive bidding potential of the housing company’s loan.
The Ador service analyzes data from 9,000 loans, which constitute a loan capital of over €2 billion.
Ador, in collaboration with banks, has created an efficient loan bidding process. Through Ador, a significant loan capital of €1 billion is bid annually.
This way, the benefits of mass bidding are achieved, even though each loan is bid separately.
Ador reduces the loan management costs for housing companies, and consequently, the costs for shareholders as well.
The housing company receives the most affordable housing company loan on the market.
A more affordable housing company loan is reflected in the financing fee as significant savings over the loan period.
As a result of the competitive bidding, companies have achieved average savings of 30-70% and even hundreds of thousands of euros in loan margin costs.
Ador enhances housing company loans by automating tasks and incorporating AI to improve forecasting, analysis, and accuracy in the loan process.
The service is easy to use and simplifies the comparison of housing company loans.
A coordination fee is charged to the housing company for the finalized loan agreement and the savings on loan costs. Our fee is paid from the savings obtained through the bidding process, making the bidding completely risk-free for housing companies.
