| Location | Raffles Place, Singapore |
| Market Value | S$ 5,000,000 |
| Loan Amount | S$ 3,000,000 |
| Loan-to-Value | 60% |
| Duration of Loan | 12 Months |
| Payment Schedule | Interest Paid Monthly |
| Asset Type | Shophouse Unit |
| Completion Time | 10 Days |
Problem
- 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.
Solution
- 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.
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Short-Term Financing for Service Apartment
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