|Location||Raffles Place, Singapore|
|Market Value||S$ 5,000,000|
|Loan Amount||S$ 3,000,000|
|Duration of Loan||12 Months|
|Payment Schedule||Interest Paid Monthly|
|Asset Type||Shophouse Unit|
|Completion Time||10 Days|
- A corporation had won a bid to purchase a building from the city council and needed to make the downpayment in a short period of time.
- Rikvin Capital was approached to provide a loan on an urgent basis.
- The site is located in the heart of Glasgow and is considered a landmark.
- After going through due diligence procedures, obtaining a valuation, and generating the relevant documents, Rikvin Capital provided the loan to the client.