Estateguru P2P lending Blog
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
  • To estateguru.co
No Result
View All Result
  • lv Latviešu
  • lt Lietuvių
  • fi Suomi
  • et Eesti
  • en English
  • de Deutsch
Create account
Estateguru P2P lending Blog
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
Estateguru P2P lending Blog
Home Borrowing

Interview with EstateGuru borrower Vilis Krištopans

05-02-2019
in Borrowing, Case Studies
Reading Time: 2 mins read
0 0

More than 600 loans have been financed through EstateGuru platform already, and number of entrepreneurs who are choosing this modern financial instrument – the crowd, are increasing every day. What makes us different from traditional financing institutions and what are the main reasons why to choose us over competitors?

These and other questions we discussed in a conversation with entrepreneur, owner of real estate holding company Vilis Krištopans, whose first project of EUR 165,000 got funded at the end of last year.

“The first impression is very good for a number of reasons – firstly, funding process is very quick, service providers have an understanding of the projects that they are publishing and of course, this is a service that no bank currently offers!” says Vilis.

Funding on the platform was attracted for property sales period – a convenient way to continue developing your business while selling one or more properties. The loan can be easily repaid from sales revenue or main business activities within 18 months.

Entrepreneur admits, that nothing in the real estate industry is happening without money, and one of the main reasons why buying a good property for good price often fails is the high bureaucratic processes associated with long-term bank financing. “As long as you complete the formalities at the bank, your desired property will be already sold to someone who got money faster! It is a very smart move to attract such a short-term solution, which may seem more expensive at first, but when the deal is made, you can spend time negotiating with the bank and making a cheaper long-term loan. ”

Basically all that is needed to fund a project on a crowdfunding platform is unencumbered property and business awareness! There is no room for unnecessary waiting in real estate business, so to start the development of new projects at the time of previous project sales process is one of the best moves in raising your competitiveness.

Watch full video interview with Vilis Krištopans here:

 

If your project also needs funding, write to us at info@estateguru.co and receive a  loan offer within 2 days.

Related Posts

What is Crowdlending

Borrower story: Christofer Pulst, Toom-Kooli 7 development in Tallinn

Peer-to-peer lending: Advantages and Disadvantages

Tags: borrowingcase studyEstategurup2p
ShareShareSendSendTweet
Previous Post

Understanding and dealing with risk

Next Post

How to start investing – a practical guide

Recommended for you

Tauri Tiik
Office life

Guru Spotlight: Tauri Tiik

01-02-2023
Portfolio overviews

Loan portfolio overview (December of 2022 and full overview of 2022)

27-01-2023
Refinancing, City scape
Borrowing

What is refinancing and why does Estateguru refinance loans?

06-01-2023
Man writing loan portfolio November
Portfolio overviews

Loan Portfolio Overview (November of 2022)

28-12-2022
Sebastian, Investor Stories
Investing

Investor Stories: Sebastian

12-12-2022
LP september
Portfolio overviews

Loan portfolio overview (September of 2022)

24-10-2022

How to use Estateguru

construction

So you have your first defaulted loan? Here’s what you should know

13-10-2022

A Guide To Setting Up The Auto Invest Custom Strategy

28-03-2022
5 Reasons To Use Estateguru’s Auto Invest

5 Reasons To Use Estateguru’s Auto Invest

11-01-2022
Auto Invest – Investment Strategies User Guide

Auto Invest – Investment Strategies User Guide

05-01-2022
refer a friend

Our New and Improved Referral Program!

24-11-2021
Load More

Sign up for our newsletter

Popular Posts

  • construction

    So you have your first defaulted loan? Here’s what you should know

    49 shares
    Share 20 Tweet 12
  • So you have your first late loan. Here’s what you need to know.

    36 shares
    Share 14 Tweet 9
  • How we maximize value creation for investors from late loan situations

    23 shares
    Share 9 Tweet 6
  • Estateguru’s Annual Review for 2022 and outlook for 2023

    20 shares
    Share 8 Tweet 5
  • How does Estateguru’s Debt Management Work?

    15 shares
    Share 6 Tweet 4
Estateguru P2P lending Blog

Estateguru is the leading Pan-European marketplace facilitating property-backed loans for SMEs and carefully selected investment opportunities for our global investor base.

Estateguru OÜ Tartu mnt 10/Pääsukese 2, Tallinn
Tel: +372 6412 777
Email: info@estateguru.co

Other Links

  • Start Investing
  • About Estateguru
  • FAQs
  • Cookies & Privacy Policy
  • Contact & Support
Trustpilot

© 2022 Estateguru - The leading European marketplace for short-term, property-backed loans.

No Result
View All Result
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
  • To Estateguru.co
  • Create Account
  • lv Latviešu
  • lt Lietuvių
  • fi Suomi
  • et Eesti
  • en English
  • de Deutsch

© 2022 Estateguru - The leading European marketplace for short-term, property-backed loans.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.