|Duration of Loan||3 Months|
|Payment Schedule||Rolled-up Interest Paid at End|
|Asset Type||Commercial Building|
|Completion Time||9 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.