Residential – Appartments

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Artilerijas 19/2 Bridge Loan III

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Product Description

  • 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. 

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Investment goal:
85 000 €

Funded:
85 000 €

Funded percent:
100.0%

Country:
Latvia

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