The borrower raised capital to purchase a workshop for the company.
The collateral (purchasable building) is an older workshop that is in a satisfactory condition. The collateral buildings are built in such a way that they can be used as a single room. At the production premises, there are installed currently a crane, two lathes and a milling machine that the company is currently using in its production. Due to regional politics, none of the commercial banks were willing to finance the purchase.
The collateral is located at Audru borough, Pärnu county. Near the building, there are predominantly production buildings and commercial enterprises. The borrower has extensive experience in the production of spare parts for forestry equipment and in the sale and brokerage of this equipment. Considering the strong business plan of the borrower and a low loan exposure against the collateral (41% LTV), EstateGuru was able to help the client with the purchase financing.
With over 46094 international investors, both retail and institutional, EstateGuru is also the perfect showcase for your development. Our investors don’t just have tens of millions available to lend, they also regularly purchase a property they have invested in during development.
With over 37 000 international investors, both retail and institutional, EstateGuru is also the perfect showcase for your development. Our investors don’t just have tens of millions available to lend, they also regularly purchase a property they have invested in during development.
The borrower raised capital to finance the purchase of a variety of printing equipment, with a plan to rent them out.
The borrower raised capital to purchase a workshop for the company.
The borrower raised capital to refinance outstanding obligations, purchase the property, and buy out the minority shareholders.
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Have any questions? Don’t hesitate to contact us directly by phone (+372) 58166002 or send email to ambassador@estateguru.co
