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DebtCommercial - Office Space
Target € 430,000
Minimum Amount € 430,000
Minimum Investment € 50
71.3 % raised € 123,301 left
71.3253488372093% 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.

Interest Rate 11.0%
investments.main.credit.rating
Loan Period18M
LTV 57.0 %
Expires
in 5 days
Investors953
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