#4868 Bridge loan - 2.stage (Latvia) Opened: 03.02.2022

  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)
  • #4868 Bridge loan - 2.stage (Latvia)

Executive Summary

    • The loan is used to finance the purchasing of a property.
    • 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.
    • Overall building area is 4396.20 square metres, the loan amount is only 150 euros per square meter!

Loan Terms

Loan Contract Number

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Quick Overview
99.2% filled, 1,216 investors €1,595 left
  • Expires 2 days
  • Target €200,000
  • Collateral value €1,195,000
  • LTV 32.5%
  • Projected LTV 55.2%
  • Loan Period 18 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Office building (Commercial)
  • Loan Type Bridge loan
  • Loan Type Sub-Category Fast purchase
  • Location Latvia

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