#58996071 Business loan - 2.stage (Finland) Funded: 13.06.2023

This loan is intermediated by Estateguru OÜ. For the general loan terms applicable to this loan, please see the Estateguru General Loan Terms.

Executive Summary

    • The loan is used to increase the operating capital of the company.
    • 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.
    • The borrower retains the opportunity to raise additional capital if necessary, provided that the LTV does not exceed 65.0%.
    • The mortgage was established during a prior financing process and will cover each and every stage.
    • The LTV in the 2 stage is 16.84% and can increase to 65.0% in further additional stages.

Loan Terms

Loan Contract Number

Please register or log in to see full details.

Log in / Register
Quick Overview
325 investors, €40,000 raised
  • Status Funded
  • Target €40,000
  • Collateral value €475,000
  • LTV 16.84%
  • Projected LTV 65.0%
  • Risk category N/A
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Residential land (Land)
  • Loan Type Business loan
  • Loan Type Sub-Category Increase of an operating capital
  • Location Finland

Please register or log in to see full details.

Log in / Register