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| Lender |
A United Kingdom based Fund.
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| Project Type |
Suitable for completed and to be built, projects.
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| Security |
First charge over the Project |
| Cash Deposit |
12% of the loan sum must be deposited with the Lender for the first year of the loan at which point it will be deducted from the principal leaving 88% owing. Euroasian is generally able to assist the Applicant to borrow the major portion of this Cash Deposit.
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| Currency |
Euros and USD |
| Term |
Up to 15 years |
| Rate |
Currently 4.5% to 6.5% fixed for the term. |
| Loan to Value Ratio |
Up to 100% of cost. |
| Equity Requirements |
Lender will take a 60% equity position during the term of the loan which is returned to the Borrower upon loan repayment. Lender does not require to share project income. Therefore the Borrower has effectively raised 100% of the project cost without having to share equity.
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