#0003 Bridge loan (Latvia) Opened: 08.11.2018

  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)
  • #0003 Bridge loan (Latvia)

Executive Summary

    • The loan is used to increase the operating capital of the company.
    • The loan will be repaid from the company’s business revenues or by refinancing.
    • The loan is secured with a first rank mortgage.
    • The facilities are rented out to 3 tenants and generate 3983 EUR/month. One of the anchor tenants is BENU pharmacy. 
    • The loan and collateral ratio is 1001 €/m2.

Loan Terms

Loan Contract Number

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Quick Overview
40.1% filled, 487 investors €157,609 left
  • Expires 7 days
  • Target €263,000
  • Collateral value €404,000
  • LTV 65.0%
  • Loan Period 14 months
  • Schedule Type Bullet
  • Mortgage Rank first rank
  • Mortgage Type Commercial premise
  • Loan Type Bridge loan
  • Location Latvia

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