Energy transition is the process of change towards a more sustainable energy model, based on the use of renewable sources, energy efficiency and the reduction of greenhouse gas emissions. It is a global challenge that involves all sectors of the economy and requires significant investment.
According to the World Bank report1report, some $131 trillion will be needed between 2020 and 2050 to finance the global energy transition. This represents an increase of 40% over the reference scenario, which envisages maintaining the current energy mix. The report also notes that the energy transition will generate economic, social and environmental benefits, such as higher growth, more jobs, less poverty and better health.
However, financing the energy transition is not easy, as it involves assuming uncertain risks, costs and deadlines. Moreover, the COVID-19 pandemic has negatively affected the liquidity and solvency of many economic agents, especially small and medium-sized enterprises (SMEs), which are the main contributors to the productive fabric and employment.
In this context, Lombard credits can be a useful tool to facilitate access to credit and finance the energy transition. Lombard credits are those that are granted in exchange for the delivery of financial assets as collateral. These assets may be shares, bonds, investment funds, etc. The amount of the loan depends on the market value of the assets delivered and their risk. The more liquid and stable the assets, the greater the credit that can be obtained.
What are the advantages of Lombard credits for financing the energy transition?
Lombard credits have several advantages for financing the energy transition, such as the following:
- They allow liquidity to be obtained without having to divest or sell the financial assets, which avoids losing profitability or assuming losses due to price fluctuations.
- They have lower interest rates than traditional loans (mortgages or personal loans), since the risk for the lender is lower due to the fact that they are secured by collateral.
- They are quicker and simpler to process than traditional loans, as they only require the formalization of a public deed before a notary and are exempt from Stamp Duty (Impuesto de Actos Jurídicos Documentados).
- They offer flexibility for the debtor, who can dispose of the collateral without having to wait to pay off the loan in full, as is the case with pledged loans. Thus, the debtor can sell or exchange the financial assets for others, as long as the value and risk of the collateral are maintained.
Lombardos.es offers you the best conditions in the market, with competitive interest rates, flexible terms and personalized advice. In addition, lombardos.es helps you to value your financial assets and to choose the most suitable ones to obtain the credit you need.
To apply for a Lombard credit with lombardos.es, just follow these steps:
- Access the lombardos.es website and fill in the application form with your personal and financial data.
- Receive an immediate response with the pre-approval of the credit and the maximum amount you can obtain.
- Send the required documentation to verify your identity and the ownership of the financial assets to be pledged as collateral.
- Sign the public deed before a notary and receive the money in your bank account within 24 hours.
That’s how easy it is to obtain a Lombardy loan with lombardos.com. Don’t hesitate any longer and apply for your Lombardy loan to finance your energy transition. Lombardos.com is your ally to achieve your goals quickly, safely and efficiently.
