Undue tax financing

Problem

A real estate developer had no access to bank financing due to the initial state of the real estate project it was developing. In addition to not having access to bank financing and not yet generating cash, its tax advisors recommended to make a preventive tax assessment, despite considering that such taxes were not due according to the law, and therefore would be refunded by the Treasury within one year

Solution

Claimbnb provided a loan with a quantum partial to the undue tax and a time horizon longer than the estimated repayment term of the tax authorities. It was also guaranteed by the company, which allows to reduce the cost of capital

Result

The real estate developer accessed the required capital to finalize the development on time and sold it to generate income and cash flow