Value Creation <9238> announced on the 29th that it has commercialized the "Demolition Window Loan" product to solve the problem of vacant houses, in collaboration with Orient Corporation <8585>.
The company operates a demolition platform called "Kaitai no Madoguchi", where qualified demolition contractors bid to provide proper and cheapest quotes to users who want to demolish vacant or old houses. Orient Corporation has a network with financial institutions throughout Japan and offers various financial products.
The "Demolition Window Loan" is an unsecured guaranteed loan for users of the Demolition Window. It is a convenient loan that can respond to a variety of needs related to vacant houses, such as the cost of demolishing vacant houses, funding necessary for rebuilding or land utilization. It utilizes a cloud loan mechanism in partnership with Orient Corporation.
The company continues to collaborate with Orient Corporation and local financial institutions to support owners in resolving the issue of vacant houses without giving up due to financial constraints. It aims to further strengthen partnerships that have worked with national partners and local governments and add new options to solve the problem of vacant houses and revitalize local areas.