#8405 Business loan - 1.stage (Finland) Funded: 16.12.2022

This loan is operated by Estateguru OÜ and is subject to General Loan Terms. View loan terms

Executive Summary

    • The loan is used to increase the operating capital of the company.
    • The loan will be repaid from the sale of the collateral property or refinancing by a long-term bank loan.
    • The loan is secured with a first rank mortgage.
    • Member of the management board of the borrower will provide a personal surety in the full mortgage amount.
    • The borrower retains an opportunity to raise additional capital if necessary, provided that the LTV does not exceed 60.0%.
    • The established mortgage will also cover additional stages of financing.
    • The LTV in the 1 stage is 7.9% and can increase to 60.0% in further stages.

Loan Terms

Loan Contract Number

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Quick Overview
1,497 investors, €150,000 raised
  • Status Funded
  • Target €150,000
  • Collateral value €1,899,523
  • LTV 7.9%
  • Projected LTV 60.0%
  • Loan Period 12 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Housing company shares (Commercial)
  • Loan Type Business loan
  • Loan Type Sub-Category Increase of an operating capital
  • Location Finland

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