|Location||Wales, United Kingdom|
|Duration of Loan||8 Months|
|Asset Type||Nursing Home|
|Completion Time||10 Days|
- An Individual required funding to purchase a nursing home and was not qualified to get one from traditional banks.
- After performing due diligence and receiving the valuation report, Rikvin Capital was able to provide the client with a loan of £1,200,000 at a 60% LTV.
- Within a short period of time, the client was able to drawdown from the loan and purchase the nursing home.