The process for applying for a loan from Rikvin Capital involves the following steps:
Complete the loan application form and provide information about the property, outstanding loans, estimated value, and the amount you would like to borrow.
Note that Rikvin Capital only lends to accredited investors or companies.
Our team will review the application and may reach out to you for additional information. A desktop valuation of your property will be conducted. If the enquiry is approved, you will receive an indicative term sheet.
Our valuers will contact you to arrange access to the property for a full valuation. The valuation report will be used to conduct a full case assessment. If the property’s value does not match the initial estimate, the terms offered may be updated.
Before any legal work begins, our solicitors will need an undertaking from your solicitor. All legal documents will be drafted by our solicitors.
Once all loan documents are agreed upon and signed, the funds will be disbursed.