As property values in Singapore continue to rise, many property owners find themselves with significant assets but limited cash flow. Traditional bank loans can be challenging to secure, with stringent lending criteria and long processing times. This has created a growing demand for alternative financing options, such as non-bank lending programs.
At Rikvin Capital, we specialize in providing non-bank lending solutions to high-net-worth individuals who own high-value real estate in Singapore. What sets our bridge loans apart is that we make lending decisions based solely on the asset’s value, meaning we don’t require proof of income or cash flow. We also don’t base our loan decisions on the Total Debt Servicing Ratio (TDSR), which is a common requirement for traditional bank loans in Singapore. This allows us to provide financing options to clients who may not meet the strict lending criteria of banks.
Our loans are tailored to each borrower’s unique circumstances, and we consider a range of factors when making lending decisions. One of the key criteria we focus on is the use of funds. Unlike traditional banks that look at cash flow, we consider 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.
We also understand that many of our clients are high-net-worth individuals who are asset-rich but cash-strapped. They may need urgent funds for investment opportunities or to top up their business. Our loans provide a fast and efficient financing option that can help them unlock the value of their assets and meet their financial goals.
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.
If you are a high-net-worth individual who owns high-value real estate in Singapore and needs flexible financing options, contact Rikvin Capital today. Our team of experts can help you explore your options and find the right financing solution for your unique needs.