DebtLand
Target € 100,000
Minimum Amount € 100,000
Minimum Investment € 50
€ 100,000 raised, 100%
100.0% Complete (success)

Pärna road bridge loan

  • The loan is used to release equity to increase operating capital of the company.
  • As a loan collateral, the company offers a land plot (for row house development) and as additional collateral two single family land plots in Tiskre. 
  • The borrower has previously raised capital through EstateGuru platform which has been already fully repaid (principal amount of €200 000) with accumulated interest (€7 307) and all the interest payments have been done in time.
  • The loan is repaid from refinancing, from the sale of the loan collateral or from incoming revenues of the Borrower other business activities within 12 months. 
  • 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 10.0%
investments.main.credit.rating
Loan Period12M
LTV 53.0 %
Expires Funded
Investors525
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