| Location | Serangoon Gardens, Singapore |
| Market Value | S$ 6,600,000 |
| Loan Amount | S$ 3,800,000 |
| Loan-to-Value | 55% |
| Duration of Loan | 3 Months |
| Payment Schedule | Rolled-Up Interest Payment |
| Asset Type | Landed Property |
| Completion Time | 24 Hours |
Problem
- A retail investor had a margin call on his investment portfolio due to a sudden swing in the financial markets.
- A deposit to his trading account was required in order for him to keep his positions open.
- To cover his margin requirements, the individual decided to take a loan against his residential property.
- However, he was unable to get a property loan from a traditional bank due to the urgency of the situation.
Solution
- Rikvin Capital closed a S$3,800,000 loan against the individual’s property within 24 hours.
- The property loan allowed the retail investor to top up his trading account, which prevented the liquidation of his shares.
Are you looking for an urgent short-term loan?
Liaise with a dedicated specialist when you engage us for our short-term loan services. We will walk you through every step of the loan application.
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