DebtResidential - Appartments
Target € 265,000
Minimum Amount € 265,000
Minimum Investment € 50
€ 265,000 raised, 100%
100.0% Complete (success)

#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%).
Interest Rate 11.0%
Investment bonuses +1.0% from € 10,000
investments.main.credit.rating NOT_DEFINED
Loan Period18M
LTV 66.0 %
Expires Funded
Investors568
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