Secured financing for a real estate rental company
The Company operates in real estate management, mainly involving the land plot that will be pledged. In addition, the Company performs various management works on client properties in nearby fields regarding forest or agricultural land management.
The Company plans to develop a forest property management project and then proceed with tree cutting and sale of logs. In addition, the Company would like to carry out bush harvesting and plowing parts of the area if there is a favorable demand from tenants for arable land. To facilitate this the Company would require additional capital to purchase the necessary services for tree cutting and land improvement.
Therefore, the Company is seeking EUR 24,320 financing for 36 months for working capital. The loan will carry a 7.8% annual interest rate (0.65% monthly) and it will be amortized monthly. The loan will be secured with a 1st rank mortgage on a land plot with a market value of EUR 128,770. The project risk rate is B (85 out of 100).There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:
- The loan will be secured with a 1st rank mortgage on a land plot with a market value of EUR 128,770.
- The LTV ratio for the loan stands at 19%.
- The Company has no financial liabilities.










