DebtCommercial - Office Space
Target € 430,000
Minimum Amount € 430,000
Minimum Investment € 50
#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%).