DebtResidential - Single family house
Target € 225,000
Minimum Amount € 225,000
Minimum Investment € 50
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.