PraxiFinance announces the launch of cash mortgage credit in Reunion, a first in the history of this product, until now reserved for the metropolis. It is now possible to access financing backed by your property without having to sell your assets.
PraxiFinance develops financing solutions backed by real estate value, in collaboration with notaries, lawyers, accountants and wealth management advisors. Every month, the company receives more than 200 requests from DROM-COM, including a significant portion from Reunion Island. “The people of Reunion have been asking us for years to finance an inheritance, a professional activity or an urgent situation. We were helpless. Today, everything changes : Reunion Island becomes the first overseas territory where cash mortgage credit is accessible”, says Boris Intini, Associate Managing Director of PraxiFinance. This mortgage loan allows you to mobilize up to 70% of the value of the property, to finance in particular inheritance taxes, a professional project or a resumption of activity, an urgent debt, cash for asset arbitration, a family helper, an investment. The mechanics are simple : valuation of the property, solvency study, financing offer, notarial signature, then rapid payment of funds.
An economic breakthrough for the island
In a territory like Reunion where real estate value is high and heritage transmission is deeply rooted, this new financing represents a new structuring solution for families and entrepreneurs. PraxiFinance now aims to become a key player in wealth financing in Reunion Island, by accompanying the notaries, local lawyers and wealth management advisors. “This historic opening in Reunion has led PraxiFinance to consider setting up an office in Saint- Denis in 2026, to offer local and structured support to the island’s owners”, announces Boris Intini.
