DebtCommercial - Office Space
Target € 430,000
Minimum Amount € 430,000
Minimum Investment € 50
€ 430,000 raised, 100%
100.0% Complete (success)

#0088 Bridge loan (Latvia)

  • The loan is used to finance the purchasing of a property.
  • The loan will be repaid by refinancing with a long-term bank loan.
  • The loan is secured with a 1. rank mortgage.
  • Member of the board of the borrower will provide a personal guarantee for the full mortgage amount.

  • Borrower is adding 1% bonus to annual interest for investors committing €10,000 and over, (combined annual interest 12%).
Interest Rate 11.0%
Investment bonuses +1.0% from € 10,000
investments.main.credit.rating
Loan Period18M
LTV 57.0 %
Expires Funded
Investors1044
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