#2372 Development loan - 2.stage (Lithuania) Opened: 02.02.2022

  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)
  • #2372 Development loan - 2.stage (Lithuania)

Executive Summary

    • The loan is used for starting a development project
    • The loan will be repaid from sales revenue of a completed development project.
    • 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
88.1% filled, 745 investors €14,473 left
  • Expires TODAY
  • Target €121,500
  • Collateral value €460,000
  • LTV 60.0%
  • Projected LTV 69.0%
  • Loan Period 15 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Residential land (Land)
  • Loan Type Development loan
  • Loan Type Sub-Category New construction
  • Location Lithuania

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