The INVESTMENT magazine features the best funds from interview with Michael Schroeder, managing partner of the emission the House Schroeder & co. INVESTMENT: what opportunities for investors through your issue? Michael Schroeder: An investment in SchroederLombard the unique opportunity to take advantage of the potential of Lombard loans as innovative and safe form of investment offers our investors. The Lombard credit is the oldest form of the loan. A mortgage as collateral underlying, so an appropriate object of value is a Lombard loan. Jewelry and watches, but also art objects such as paintings or sculptures are suitable as security.
This form of credit is generally taken by persons who want to get quickly and unbureaucratically financial flexibility, without being subject to the lengthy approval and testing process of the banks. This is usually quite solvent private and business customers. The market for the high-quality goods of mortgage lending is still in Germany great potential. In countries like Britain or the United States companies were able to achieve great economic successes with a specialisation in high-quality items in recent years. Although the Hamburger Lombardhaus Lombardium is a young company, the persons operate the mortgage credit and mortgage business but for over 20 years. A refinancing through a bank in times of the credit crunch is always difficult for a Lombardhaus. In addition, it is not possible to finance Lombardium reasonable and with sufficient flexibility to banks due to legal requirements and elaborate internal review processes.
A security in the form of a Faustpfandes for the financing of a Lombard credit is simply not accepted by banks. Schroeder & co. closes the gap between the funding needs of Lombardium and investors who are interested in attractive and safe investments, now with the product SchroederLombard. 7% interest-Halbjahrlich run-time paid off, only 3 years and only 8,000 euro minimum contribution speaks for itself.