General Information

  • IRR%: 12
  • CoC%: -
  • Minimum: 50 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-03-11
  • End Date: 2019-03-28
  • Target: 1.5m EUR
  • Completed: 65%

Additional Information

  • Latvia

Executive SummaryLoan TermsThe 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 first rank mortgage.Borrower adds a 1% bonus to annual interest for investments of at least €100,000 (combined annual interest 13%).The borrower retains an opportunity to raise additional capital if necessary, provided that the LTV does not exceed 39%.The established mortgage will also cover additional stages of financing.The LTV in the 1 stage is 29% and can increase to 39% in further stages.

Project offered by


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