DebtCommercial - Accomodation/Service
Target € 300,000
Minimum Amount € 300,000
Minimum Investment € 50
€ 300,000 raised, 100%
100.0% Complete (success)

#1623 Bridge loan - 2.stage (Latvia)

  • The loan is used to refinance outstanding obligations and continue with the construction work.
  • The loan will be repaid by refinancing with a long-term bank loan.
  • The loan is secured with a first-rank mortgage.
  • Borrower adds a 1% bonus to annual interest for investments of at least €10,000 (combined annual interest 12%).
  • EstateGuru adds a 0.5% bonus to annual interest for investments of at least €1,000 (combined annual interest 11.5%).
Interest Rate 11.0%
Investment bonuses +0.5% from € 1,000
  +1.0% from € 10,000
investments.main.credit.rating
Loan Period12M
LTV 18.0 %
Expires Funded
Investors801
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