Kameo Offers Faster Real Estate Financing Alternative to Banks

Kameo is emerging as a streamlined financing solution for real estate projects, offering a faster and more adaptable alternative to traditional bank loans, according to a report in Dagens industri. The company's platform directly addresses the challenges real estate firms face in accessing capital quickly. Since its inception in 2016, Kameo has facilitated loans totaling 8 billion kronor, as stated by General Manager Fredrik Källgren. He emphasizes the company's speed and flexibility as primary advantages, highlighting Kameo's capacity to finance projects from 10 million kronor and develop customized financing plans within weeks. This contrasts sharply with traditional banks, which often require project valuations around 300 million kronor and can take six to twelve months to generate a financing proposal. A distinctive feature of Kameo's approach is its ability to finance residential projects without requiring pre-booked or pre-sold units, allowing developers to commence construction more rapidly. Kameo's funding originates from its proprietary credit fund, partnerships with institutional investors including a prominent international pension fund, and a network of private investors, enabling the company to support a diverse range of project scales. By providing expedited turnaround times and financing for projects as small as 10 million kronor, Kameo aims to secure deals that traditional banks may overlook. This presents significant opportunities for real estate companies seeking capital who might not meet the stringent requirements of conventional banking institutions.