Case Study · Singapore

Property refinance to assist a businessman with short-term cash flow issues

30 July 2021

Property refinance to assist a businessman with short-term cash flow issues

Entrepreneur Secures Working Capital through Property Refinance with Rikvin Capital

An ambitious businessman in Singapore was facing a temporary cash flow shortage, which threatened the stability and growth of his thriving business. Despite his financial difficulties, the businessman was determined to find a solution that would not only provide the necessary working capital, but also allow him to maintain ownership of his assets.

Rikvin Capital stepped in to help the entrepreneur by offering a property refinance solution that leveraged his two residential properties as collateral. The loan provided a loan-to-value ratio of 65%, with a total loan amount of USD 3,000,000 and a duration of 12 months. With a fast and efficient process, the loan was disbursed within just one week, allowing the businessman to secure the working capital he needed to sustain and grow his business. Rikvin Capital’s expertise in property refinance helped the entrepreneur overcome his financial difficulties and secure a brighter future for his business.

  • Location: Singapore
  • Market Value: USD 4,610,000
  • Loan Amount: USD 3,000,000
  • Loan-to-Value: 65%
  • Duration of Loan: 12 months
  • Payment Schedule: Monthly
  • Asset Type: Two Residential Properties
  • Completion Time: 1 week

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FAQ

Can I refinance multiple residential properties together to release working capital?

Yes. The case here refinanced two Singapore residential properties as one combined loan (USD 3 million at 65% loan-to-value, USD 4.61 million combined market value), funded in 1 week. Combining properties into a single loan often unlocks more total capital than refinancing each separately.

How fast can a multi-property refinance be completed?

For known clients with clean Singapore residential collateral, 1 to 2 weeks is realistic, as in this case. The legal work scales with the number of properties (each title is mortgaged separately), but our team runs them in parallel rather than sequentially.

Will the refinance settle my existing bank mortgages?

Yes. Where the properties are already mortgaged, our advance settles the existing bank debt and releases the surplus to you in cash. Net proceeds equal our loan amount minus the existing payoff. We coordinate the timing so there are no double-interest periods.