Novo Milenium Ltd.

Novo Milenium is a leading non-bank credit company providing credit against real-estate collaterals in Israel. The company offers financing for real estate developers, groups of landowners, acquisition groups, business clients and private clients and provides credit for customers of all of the banks, with fast certainty concerning credit approvalbanks, with fast certainty concerning credit approval.

The company significant advantages are demonstrated in the attractive terms it offers, including fast approvals, flexible repayment programs that suit the borrower’s solvency, and the fact that receiving credit from the company doesn’t prevent the clients from receiving additional financing from alternative sources.
The fast credit approval process leads to considerable savings of both time and money, and thus the company’s swiftness is combined with its stability, professional excellence and the personal service from which the clients benefit, creating a considerable competitive advantage compared to other financing options on the market.

Novo’s strength and stability, in combination with its high reliability, create the added value from which its clients benefit. The solidity that the company offers, in combination with its professional employees, allow for the excellent reputation the company enjoys.

An additional unique strength of the company is its credit board, which includes renowned experts in the fields of banking and real-estate credit.
Novo Milenium Ltd. H.P. 516505997 is the holder of an extended credit granting license number 65804 according to the Law on the Supervision of Financial Services (Regulated Financial Services), 2016.

Areas of Operation

Supporting Real-Estate Construction
The company provides real estate developers with the option of accompanying the construction professionally and efficiently with the flexibility that the Israeli banking system lacks while using unique solutions that were developed by the company in recent years.

Acquisition/Landowners Groups
Novo expertise and professionalism in accompanying and financing real-estate acquisition groups guarantees a fast response, assurance, and efficiency in the process of providing finance for the members of the acquisition/landowners group. The significant time-saving is translated into monetary savings, and the company resilience and reliability provide its clients with peace-of-mind throughout every stage of the process.

Credit for Private Clients
Novo strength and stability enable it to provide private clients with their finance requirements and provide financing services for real-estate entrepreneurs or other private clients against ap-propriate real-estate collaterals, after reviewing the borrower in accordance with the company internal criteria.

Business Finance
Novo provides business clients and entrepreneurs with accessible and available tailored finance and credit services that enable the clients to receive a quick response for their operations in Israel, including through mezzanine finance, for a period of up to five years.

* Failure to repay the loan or to make timely credit repayments may result in late payment interest and debt collection proceedings.