Rikvin Capital saves client SGD 2 million deposit after client experiences funding troubles with a local bank
- Our client was a week away from completing the purchase of an entire office floor at a prominent office building in Singapore for more than SGD 20 million
- Due to internal policies, the client’s bank funding pulled out at the last minute. Without funding, the client would lose the downpayment for the office
- Our client then 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 without losing the downpayment
- After completing the purchase, our client managed to refinance with a bank
Read about when we provided a repeat client with a loan to help him pay off his outstanding debt here.
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