- The loan is used to refinance current outstanding loan and to increase the operating capital of the company.
- As a loan collateral, the company offers 3 apartments in Riga city center.
- EstateGuru security agent will have the first rank mortgage on behalf of the lenders.
- The loan is repaid from the sale of the apartments or refinancing of the loan in 12 months term.
- Member of the Board of the Borrower is providing the personal guarantee in full amount.