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Rikvin Capital

Rikvin Capital

Singapore's Private Funding Specialists

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Short-term loan prevents the loss of SGD 2 million in Singapore

Rikvin Capital saves client SGD 2 million deposit after client experiences funding troubles with a local bank

Location Raffles Place, Singapore
Market Value S$ 33,000,000
Loan Amount S$ 23,000,000
Loan-to-Value 70%
Duration of Loan 3 Months
Payment Schedule Rolled Up
Asset Type Commercial Property
Completion Time 1 Week

Problem

  • An Individual was a week away from completing the purchase of an entire office floor at a prominent office building
  • Due to internal policies, the individual’s bank pulled out from funding at the last minute.
  • Without payment, the individual would lose the deposit of S$2M for the office.

Solution

  • The individual approached Rikvin Capital for assistance and after thorough KYC and due diligence was complete, we were able to help our client complete the purchase of the office unit
  • The Individual did not have to give up his S$2M
  • Shortly after completing the purchase, the individual managed to refinance with a bank
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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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Rikvin Capital Pte Ltd (UEN: 201811726Z) is an excluded moneylender under the Moneylenders Act (Cap. 188)

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