Malaysian Property Tycoon Secures Working Capital with Singapore Real Estate Collateral: Short-Term Loan Obtained
The Malaysian property developer and tycoon faced a need for working capital to boost their business operations and stay ahead of the competition in the dynamic Malaysian property market. After exploring various financing options, the developer decided to utilize a prime Singapore property that they owned as collateral and approached Rikvin Capital for help.
Rikvin Capital provided the developer with a straightforward and flexible financing solution that allowed them to secure the necessary working capital quickly. The short-term loan was instrumental in allowing the developer to enhance their business operations by investing in new projects, hiring additional staff, and making improvements to existing properties.
The successful loan demonstrated the developer’s astute business acumen and their ability to make smart financial decisions. Rikvin Capital’s flexible financing solution allowed the developer to continue operating and growing their business, positioning them for continued success in the future. The developer was pleased with the outcome and grateful for Rikvin Capital’s support.
|Location||Orchard Road, Singapore|
|Duration of Loan||6 Months|
|Payment Schedule||Interest deducted in advance|
|Asset Type||Residential Property|
|Completion Time||5 Days|