Residential Real Estate Construction Company Seeking Loan in Vilnius, Lithuania
60-unit residential real estate development project with 50% work completed seeks funds for project development.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.87 million |
| Run Rate Sales | USD 2.8 million |
| EBITDA Margin | 30 - 40 % |
| Industries | Residential Real Estate Construction |
| Locations | Vilnius |
| Local Time | 1:04 AM Europe / Helsinki |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
2.34 million
for
15.0%
annual interest,
3
years
(Native Currency: EUR 2,000,000)
Reason: For project development. We shall discuss the repayment schedule with the lender.
The project land ...
View More
Collateral Available: USD 4.1 million
Includes physical assets worth
USD
4.7 million
Interested to connect with advisors
Business Overview
- Real estate project in Vilnius by a real estate company that specialized in timber, steel, and concrete frame construction.
- The project is spread over 3 hectares of land.
- Work has commenced and 50% of the work has been completed.
- The project will consist of 60 houses, out of which 30 houses have been constructed.
- The company that has conceptualized this project has only 3 management members. Other functions like project marketing, sales, design, and construction are sub-contracted.
- Sales figures mentioned are pre-sale figures from clients who have made partial payments in this project.
- There is 100% annual growth in pre-sales and the profitability is projected at an ROI of 40%-50%.
- The parent company is family-owned. It has bank loans that it is capable of repaying without this loan.
- The project is spread over 3 hectares of land.
- Work has commenced and 50% of the work has been completed.
- The project will consist of 60 houses, out of which 30 houses have been constructed.
- The company that has conceptualized this project has only 3 management members. Other functions like project marketing, sales, design, and construction are sub-contracted.
- Sales figures mentioned are pre-sale figures from clients who have made partial payments in this project.
- There is 100% annual growth in pre-sales and the profitability is projected at an ROI of 40%-50%.
- The parent company is family-owned. It has bank loans that it is capable of repaying without this loan.
Products & Services Overview
This is a residential housing project which will consist of 60 houses.The company leading the project is involved in the construction of residential housing, timber frame constructions, commercial buildings, and multi-story apartments.
Assets Overview
50 hectares of land; under-construction buildings, and houses. Property in Montenegro - lands for construction with building permits.
Facilities Overview
3-4 hectares of land for residential construction and 30 units of houses already built and expanding.The project will have 60 houses.
Capitalization Overview
Business is funded by crowdfunding platforms and clients themselves, as future buyers. Some funding is coming back from house sales.
Recent Activity
-
Earlier than 15 daysManager, Transportation And Logistics, Vilnius, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Dublin, Business Broker connected with the Business
-
Earlier than 15 daysPrincipal, Willemstad, Financial Consultant connected with the Business
Tags:
Residential Real Estate Construction Company Seeking Loan in Vilnius, Lithuania
·Lend to Residential Real Estate Construction Company in Vilnius, Lithuania
·Civil Construction Company Seeking Loan in Vilnius, Lithuania
·Residential Real Estate Construction Company Seeking Loan
·Lend to Civil Construction Company in Vilnius, Lithuania
·Home Builder Company Seeking Loan in Vilnius, Lithuania
·Lend to Residential Real Estate Construction Company
·Lend to Home Builder Company in Vilnius, Lithuania
·Civil Construction Company Seeking Loan
·Lend to Civil Construction Company
·Home Builder Company Seeking Loan
·Lend to Home Builder Company
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