- The loan is used to refinance an outstanding EstateGuru loan and to extend the loan period.
- As a loan collateral, the company offers 5 apartment ownerships in the centre of Tallinn, in "New World" (Uus-Maailm) district,
- EstateGuru security agent will have the 2. rank mortgage on behalf of the lenders
- The loan will be repaid from accommodation service sales revenue or by refinancing with a long-term bank loan in the 18 month period.
- CLTV (Cumulative Loan-to-Value) ratio is 49%
- Member of the Board of the Borrower is providing a personal guarantee in full mortgage amount.