80000688 Vesetas iela 3, Rīga
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Financing for real estate development projects

Residential, commercial and industrial projects — from acquiring the property to leasing or selling it.

Loan interest rate
from 9%
Loan amount
Assessed individually We assess the amount individually
Repayment term
up to 20 years
Collateral
The project property or other real estate

Grand Credit finances real estate development projects: residential, commercial and industrial — from acquiring the property all the way to leasing or selling it. In recent years, more than 16,000 square metres of residential and commercial space have been created with our financing. Terms are tailored individually to each project. For larger projects, our loan can be combined with other sources: financing from local and foreign banks, and funds from strategic investors and European Union funds.

Options

Project financing

From acquiring the property to leasing or selling it.

Mixed financing

Our loan together with funds from banks, strategic investors or EU funds.

What this programme offers

  • Residential, commercial and industrial projects
  • Financing for the full cycle
  • Terms set separately for each project
  • Option to combine with bank, investor and EU funds

Required documents

  1. Application
  2. Project description, budget and timeline
  3. Ownership documents for the land or property
  4. Company financial statements
Other programmes

Loans for businesses

Universal loan

Loan for business development

Financing for companies and persons engaged in business activity — for working capital, development and refinancing.

from 9% up to 20 years
Learn more Loan for business development
Up to €100,000

Loan for starting a business

Financing for the expenses needed to start a business successfully, secured by real estate.

from 9% up to 20 years up to €100,000
Learn more Loan for starting a business
Until long-term funding arrives

Bridge financing

A short-term loan of up to one year while long-term financing is being arranged.

from 9% up to 1 year
Learn more Bridge financing

Representative example: loan of €10,000 for 120 months, fixed interest rate of 9% per year, arrangement fee €215, monthly payment €126.68, annual percentage rate (APR) 9.94%, total amount repayable €15,416.60. Important information

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