DebtCommercial - Logisitics/Warehouse
Target € 250,000
Minimum Amount € 181,000
Minimum Investment € 50
Pringi business loan 2. stage
- The loan will be used for expansion to the new markets of the company.
- As a loan collateral, the company offers a land plot with manufacturing building at Viimsi.
- EstateGuru security agent will have the 1st rank mortgage on behalf of the lenders.
- The loan will be returned from the profits earned by the company or by refinancing the loan within 24 month period.
- The loan interest payments will be serviced monthly by the company's monthly earnings.
- LTV (loan to value) ratio is 55%, considering the loan amount of 2. stage.
- Member of the board of the borrower will provide a personal guarantee in the full mortgage amount.
- Company's website: www.pharmaestica.ee