DebtResidential - Appartments
Target € 265,000
Minimum Amount € 265,000
Minimum Investment € 50
#0991 Bridge loan - 1.stage (Estonia)
- The loan is used to refinance an outstanding loan, and continue with the construction work.
- The loan will be repaid by refinancing, from the sale of the collateral property or from the incoming business revenues of the company.
- The loan is secured with a first-rank mortgage.
Member of the management board of the borrower will provide a personal surety in the full mortgage amount.
- Borrower adds a 1% bonus to annual interest for investments of at least €10,000 (combined annual interest 12%).