Rikvin Capital, a leading provider of bridging finance, recently extended a bridging loan against a commercial property to a company based in the United Kingdom. The loan was aimed at providing the company with the necessary working capital to support its business operations. The loan was secured against a prime commercial property located in a high-demand area, which was used as collateral. The quick turnaround time of the loan and its attractive terms enabled the company to obtain the funding it required to address its immediate financial needs. With Rikvin Capital’s expertise and experience in bridging finance, the company was able to receive the financing it needed without any hassle.
|Market Value||USD 5,600,000|
|Loan Amount||USD 4,000,000|
|Duration of Loan||12 months|
|Asset Type||Commercial property|
|Completion Time||5 days|