5-year loan based on a 20-year amortising schedule
Deal value €4.25m
Property investment transaction. Our client purchased 57 apartments and 7 retail units in Limerick City. €3m term loan provided by Capitalflow and equity provided by way of an unsecured loan. At acquisition, the property produced substantial rental income. LTV at drawdown was 67% based on a valuation of €4.5m.