| Location | Glasgow, Scotland |
| Market Value | £15,000,000 |
| Loan Amount | £900,000 |
| Loan-to-Value | 6% |
| Duration of Loan | 3 Months |
| Payment Schedule | Rolled-up Interest Paid at End |
| Asset Type | Commercial Building |
| Completion Time | 9 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.
Short-Term Financing for Service Apartment