Financing of experienced real estate management companyBack to all Lending opportunities
Company, established in 2011, has been successfully developing residential and administrative projects in Lithuania. Company’s services include design of multi-apartment houses and commercial objects, sales services upon construction and registration of the building and real estate project management. Company is currently looking for additional financing of EUR 156,000 for 24-month period in order to purchase land plot in Vilnius and finance ongoing real estate development projects. Loan is secured with real estate pledge of residential building in Vilnius, with total area of 138.94 sq/m and market value of EUR 152,000, two residential land plots in Trakai district, with an area of 0.2104 ha and 0.2334 ha, and market values of EUR 20,000 and EUR 23,000 respectively, 100% of shares of related company and personal guarantee from a business owner. Investors are offered 11.04% annual (0.92% monthly) interest with quarterly amortization schedule.
There is a number of factors that make investment in the Company an attractive opportunity and the main highlights are the following:
- Capitalia has had an excellent previous cooperation with the company;
- Financing is secured with real estate mortgage, as well as personal guarantee from the manager;
- The manager has 15 years of experience in industry and is running company since its’ establishment;
- The company has a track record of growth since beginning of operations;