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Rikvin Capital

Rikvin Capital

Singapore's Private Funding Specialists

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Short-Term Loan Provided to Purchase Prime Property

Rikvin Capital provides a bridging loan for a prime office unit in Singapore

Location Raffles Place, Singapore
Market Value S$ 5,000,000
Loan Amount S$ 3,000,000
Loan-to-Value 60%
Duration of Loan 12 Months
Payment Schedule Interest Paid Monthly
Asset Type Shophouse Unit
Completion Time 10 Days

Problem

  • The client had the opportunity to purchase a prime office unit in Singapore at an attractive price
  • The property was for sale at a price that was well below market value.
  • Client needed time to obtain a property loan and could not apply for a property loan at the time.

Solution

  • A loan from Rikvin Capital was required to purchase the property.
  • Due to the prime location of the property, we were able to provide a loan of S3,000,000 and the client was able to successfully complete the transaction.
  • The client is now awaiting approval for a property loan.
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We provide short-term loans with ease and speed

Are you looking for a short-term loan to purchase an office unit? Feel free to contact us to find out how we can help.

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Rikvin Capital Pte Ltd (UEN: 201811726Z) is an excluded moneylender under the Moneylenders Act (Cap. 188)

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