DebtCommercial - Accomodation/Service
Target € 300,000
Minimum Amount € 300,000
Minimum Investment € 50
#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%).