DebtResidential - Single family house
Target € 225,000
Minimum Amount € 225,000
Minimum Investment € 50
€ 225,000 raised, 100%
100.0% Complete (success)

Lauripere mortgage loan

  • The loan is used to refinance an outstanding more expensive loan and to increase the operating capital of the company.
  • As a loan collateral, the company offers a single residential house in the highly valued Kakumäe region in Haabersti district, Tallinn.
  • The borrower has a long-term experience in entrepreneurship (metal wholesale)
  • The loan is repaid by refinancing, from the sale of the house or whom the incoming business revenue of the company in 12 months period.
  • Member of the Board of the Borrower is providing a personal guarantee in full mortgage amount.
  • EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders.
Interest Rate 11.0% NOT_DEFINED
Loan Period12M
LTV 60.0 %
Expires Funded
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