Businesses take loans for various reasons and they come from various sources, each with its own stipulations and pros and cons. Short-term business loans, for example, provide business owners with a flow of fast cash in order to handle emergencies, bridge cash-flow gaps, to fund a new project, explore a business opportunity, and so on.
Credit and debt are a powerful tool to meet our materialistic goals. They allow us to buy our dream homes, luxury vehicles, exotic vacations and so on. Buying a new kitchen or a living room set is as simple as financing the purchase at 0% interest for 12 to 36 months.
Homeowners use refinancing to pay off their existing mortgage with a new loan, which usually has a lower interest rate. In general, such loan schedules are beneficial, when:
Rikvin Capital provides a short term loan for time-sensitive investment Our client needed to make an investment which was time-sensitive. Client has a lot of assets but was lacking in liquidity. Due to TDSR, the client could not get a loan from a bank. Client engaged Rikvin Capital to provide a short term loan. Client plans to repay loan with capital proceeds from sale of a U.K. property. Read about when Rikvin Capital provided a loan for redevelopment of Mail Delivery office in London here. Are you looking for an urgent short-term loan? Liaise with a dedicated specialist when you engage us for our short-term loan services. We will walk you through every step of the loan application. Contact Us
Commercial banks in the U.K. rarely provide loans for redevelopment projects. With this in mind, our client reached out to Rikvin Capital for a loan.
Short-term loans essentially work the same as medium- and long-term loans, with the only difference being a shorter repayment period, which is usually within one year. Though some lenders view a period of less than two years also as short-term.
Simply put, TDSR – or Total Debt Servicing Ratio – which was introduced by the Monetary Authority of Singapore in June 2013, limits the amount that home owners can borrow in Singapore. It is a way for the Singaporean government to safeguard borrowers from over-borrowing in the city-state, by providing banks (or other lenders) with a robust basis and standardised approach for assessing the debt serviceability of borrowers.
In our society, there’s a pervasive myth that any debt is always a “bad debt”. Whenever we talk about taking out a loan, or owing someone money, it’s almost always viewed negatively these days. But for small businesses, the truth about debt is far less clearly defined.
What is a Bridge Loan? In simplest terms, a Bridge Loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. It is often used to meet current obligations, while permanent financing is being secured.
Rikvin Capital provides a short-term loan to finance the purchase of a property in UK The client wanted to purchase a property but was short of funds. The client was not able to provide the first charge on the property as there was an existing senior debt funded by a bank. In order receive funding from Rikvin Capital, the client pledged 100% of the shares that owned the property and also pledged the rental income. Rikvin Capital moved quickly to provide the client with the funds required to close the deal. Read about when Rikvin Capital assisted a client in refinancing a short-term loan at a reduced interest rate here. We create tailored solutions for your funding needs Do you …
Rikvin Capital provides a short-term loan for refinancing in Singapore The client was paying a high-interest rate every month on his previous short-term loan. The client only required a loan-to-value of 55% on his security to use as working capital in his business. After performing the necessary due diligence, Rikvin Capital was able to provide the client with a short-term loan at a reduced interest rate. Rikvin Capital took over the first charge of the property after the client repaid the previous debtor. Read about when a client took a short-term loan to purchase a prime office unit in Singapore here. We are honest and fair with our interest rates Are you looking for a short-term loan to assist with …
Rikvin Capital provides a bridging loan for a prime office unit in Singapore The client had the opportunity to purchase a prime asset in Singapore at a attractive price. Rikvin Capital took first charge on the property and provided a loan of 60%. The client is now waiting for approval on a commercial loan to replace the bridging loan. Read about when a client took the opportunity to purchase a distressed property in a prime location in Singapore by obtaining a bridge loan from Rikvin Capital here. We provide short-term loans with ease and speed Are you looking for a short-term loan to purchase an office unit? Feel free to contact us to find out how we can help. Contact …