#4059 Bridge loan - 5.stage (Lithuania) Funded: 30.01.2023

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

Executive Summary

    • The loan is used to continue construction works.
    • 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.
    • Member of the management board of the borrower will provide a personal surety in the full mortgage amount.

Loan Terms

Loan Contract Number

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Quick Overview
836 investors, €75,000 raised
  • Status Funded
  • Target €75,000
  • Collateral value €530,000
  • LTV 47.42%
  • Projected LTV 65.0%
  • Loan Period 18 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Semi-detached house (Residential)
  • Loan Type Bridge loan
  • Loan Type Sub-Category Sale advance
  • Location Lithuania

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