DebtCommercial - Logisitics/Warehouse
Target € 45,000
Minimum Amount € 45,000
Minimum Investment € 50
€ 45,000 raised, 100%
100.0% Complete (success)

Tehnika st bridge loan

  • The loan is used for purchasing the property and to begin with the minor renovation works with a purpose to rent out the premises as a warehouse.
  • As a loan collateral, the company offers purchasable warehousing and production premises in Põhja Tallinn district, Tallinn, Estonia.
  • The collateral is located on the border of Tallinn's city centre and therefore the liquidity of the assets as warehouse premise, workshop or garage is very good.
  • The loan is repaid from the borrower's other business activity revenues or from refinancing in 18 months term.
  • 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%
Loan Period18M
LTV 62.0 %
Expires Funded
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