#02138077 Business loan - 5.stage (Latvia) Funded: 29.02.2024

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 refinance outstanding obligations and continue with the construction work.
    • 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.

Loan Terms

Loan Contract Number

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Quick Overview
208 investors, €24,732 raised
  • Status Funded
  • Target €24,732
  • Collateral value €2,250,000
  • LTV 24.44%
  • Projected LTV 33.3%
  • Risk category Baa1
  • Loan Period 18 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Apartment (Residential)
  • Loan Type Business loan
  • Loan Type Sub-Category Increase of an operating capital
  • Location Latvia

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