Owning high-value real estate in Singapore can be a significant asset, but accessing the equity in these properties can be challenging. Traditional banks have stringent lending criteria, making it difficult for property owners to access financing quickly, especially if they only want to borrow based on their property’s asset value. That’s where Singapore bridge loans come in.
Bridge loans are a type of short-term, high loan-to-value loan that allows property owners to borrow against their real estate’s value. These loans are ideal for investors who are looking to take advantage of investment opportunities quickly or need to access cash for other purposes. At Rikvin Capital, we offer Home-Equity Bridge Loans that have been very popular with clients who own high-value real estate in Singapore.
Our Home-Equity Bridge Loans stand out from traditional bank loans in several ways. Firstly, we don’t require proof of income from our borrowers. Instead, we focus on the property’s value as collateral for the loan. Secondly, unlike banks, we don’t look at our borrowers’ cash flow. However, we do require a clear exit strategy that demonstrates how the borrower intends to pay off the loan. We take into account factors such as whether the borrower is using the loan to invest in a business or property that will provide a return on investment, which can serve as an exit strategy. With our flexible financing options, property owners can borrow up to 70% of their property’s value, with a loan term of up to 12 months.
This flexibility makes our bridge loans an excellent financing option for those who may not qualify for traditional bank loans or need financing quickly. Moreover, our loans are tailor-made to meet each borrower’s unique needs and circumstances, so we can offer customized loan-to-value ratios and repayment terms.
At Rikvin Capital, we understand that time is of the essence when it comes to financing, especially in today’s fast-paced business environment. Our streamlined loan application process ensures that you can access the financing you need quickly and efficiently. Plus, our expert team of lending professionals is available to guide you through the process and help you make informed decisions.
Our Property-Equity Bridge Loans cater to a specific group of clients – high net worth individuals who are asset-rich but cash-strapped. These individuals may find themselves in need of urgent funds due to unforeseen circumstances or investment opportunities. Our loans provide a flexible financing option that allows them to unlock the value of their assets and use the funds as they see fit. It’s important to note that we can only serve clients who are HNWI, as we are an exempt money lender. This allows us to provide our clients with a bespoke service that meets their unique financial needs, while still adhering to the regulations that govern our industry.
In conclusion, if you are a high-value real estate owner in Singapore looking to take advantage of investment opportunities or need quick access to cash, a Home-Equity Bridge Loan from Rikvin Capital might be the ideal financing option for you. With flexible loan terms, high loan-to-value ratios, and fast approval times, our bridge loans can help you achieve your financial goals. Contact us today to learn more about our Home-Equity Bridge Loans and how they can benefit you.