CEO of a successful public listed company obtains a loan from Rikvin Capital
| Location | Singapore |
| Market Value | S$ 2,000,000 |
| Loan Amount | S$ 1,200,000 |
| Loan-to-Value | 60% |
| Duration of Loan | 8 Months |
| Payment Schedule | Rolled-Up Interest Payment |
| Asset Type | Motor Vehicle |
| Completion Time | 9 Days |
Problem
- A High Net Worth Individual (HNWI) purchased a limited edition Ferrari which was exported to Singapore
- The individual also purchased a Rolls-Royce
- Local banks were not able to provide a loan as the individual had just migrated to Singapore and had no track record locally
Solution
- After performing a credit risk assessment on the individual, Rikvin Capital offered a loan to a value of 60% amounting to S$1,200,000.
- The individual secured a bank loan after 8 months and repaid his loan with Rikvin Capital
Meet your loan requirements effortlessly with Rikvin Capital
Are you looking for a short-term loan? Contact us today and let our specialists assist you with your loan requirements.
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