Rikvin Capital provided a short-term loan to Singaporean shareholders to complete the buyout of a partner in Glasgow. The loan allowed the shareholders to secure the necessary funds to complete the transaction, ensuring smooth operation of the business. With Rikvin Capital’s financing solutions, the shareholders were able to manage their short-term cash flow requirements and focus on the growth and success of the company.
Related: Read about when Rikvin Capital provided a bridging loan for a foreigner to purchase Mayfair property
Location | Glasgow, Scotland |
Market Value | £2,000,000 |
Loan Amount | £1,070,000 |
Loan-to-Value | 54% |
Duration of Loan | 12 Months |
Payment Schedule | Rolled Up + Monthly Interest Payment |
Asset Type | Shophouse with Commercial and Residential units |
Completion Time | 2 weeks |