General Information

  • IRR%: 11
  • CoC%: -
  • Minimum: 50 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-02-15
  • End Date: 2019-03-03
  • Target: 630k EUR
  • Completed: 100%

Additional Information

  • Latvia

Executive SummaryLoan TermsThe loan is used to finance the purchasing of a property and to start with construction work.The loan will be repaid by refinancing, from the sale of the collateral property, or from the incoming business revenues of the company.The loan is secured with a first rank mortgage. Member of the management board of the borrower will provide a personal surety in the full mortgage amount.Borrower adds a 1% bonus to annual interest for investments of at least €15,000 (combined annual interest 12%).

Project offered by

EstateGuru

EstateGuru is an international marketplace for secured property loans. Our more than 17500 investors earn up to 12% p.a! #fintech #proptech

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