| Location | Edinburgh, United Kingdom |
| Market Value | £2,500,000 |
| Loan Amount | £1,000,000 |
| Loan-to-Value | 40% |
| Duration of Loan | 24 Months (12 Months + 12 Months renewal) |
| Payment Schedule | Monthly Interest Payment |
| Asset Type | Service Apartment |
| Completion Time | 14 Days |
Problem
- An Individual was looking to purchase a distressed property and needed the funds within a week to secure the deal.
- The Individual was not able to secure a bank loan on time.
Solution
- Rikvin Capital was able to transfer the funds in a short notice.
- With the help of Rikvin Capital, the client was successfully able to purchase the property at an excellent price.
- The Individual managed to secure a bank loan after 24 months and settle his outstanding due with Rikvin Capital.
We provide short-term financing for the purchase of residential properties
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Bridge Funding for 149 Properties in Blackpool, UK