Rikvin Capital provides a short-term loan for refinancing in Singapore
| Location | Bukit Timah, Singapore |
| Market Value | S$ 36,000,000 |
| Loan Amount | S$ 20,000,000 |
| Loan-to-Value | 55% |
| Duration of Loan | 12 Months |
| Payment Schedule | Monthly Interest Payment |
| Asset Type | Good Class Bungalow |
| Completion Time | 14 Days |
Problem
- The individual was paying a high-interest rate every month on his previous short-term loan.
- The client only required a loan-to-value of 55% on his security to use as working capital in his business.
Solution
- After performing the necessary due diligence, Rikvin Capital was able to provide the client with a short-term loan at a reduced interest rate.
- Rikvin Capital took over the first charge of the property after the client repaid the previous debtor.
We are honest and fair with our interest rates
Are you looking for a short-term loan to assist with your refinancing needs? Contact us now!
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