CEO of a successful public listed company who had just moved to Singapore obtains a loan from Rikvin Capital
- The High Net Worth Individual (HNWI) was fortunate to be given the opportunity to purchase, directly from the Italian manufacturer, an extremely rare supercar which was then exported to Singapore.
- At the same time, the CEO also purchased a Rolls-Royce.
- However, the banks did not want to provide a loan as the HNWI had just migrated to Singapore and had no track record locally.
- After evaluating the CEO’s profile, Rikvin Capital was able to offer a loan to value amount of 60%.
Read about a client who used a bridging loan to purchase land with planning permission to build a retirement village in Glasgow here.
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