A trust in London has secured working capital from rikvin capital to refinancing a vacant school property. By leveraging the value of the property, the trust was able to obtain the necessary funds to support its operations and pursue new opportunities. The refinancing allowed the trust to take advantage of favorable market conditions and secure a favorable loan rate, providing a boost to its financial position. With the additional capital, the trust is well-positioned to continue its mission and support the communities it serves.
Location | London, United Kingdom |
Market Value | £12,000,000 |
Loan Amount | £5,000,000 |
Loan-to-Value | 40% |
Duration of Loan | 18 Months |
Payment Schedule | Monthly |
Asset Type | Private School |
Completion Time | 2 weeks |