Investment holding company purchases shophouse in Club Street
An investment holding company had signed an option to purchase (OTP) to purchase a shophouse in the Club Street area. However, he needed a high LTV loan in order to fund this purchase and he was having much difficulty finding a lender who was able to do so.
The borrower diligently scoured the lending landscape, but each door appeared frustratingly locked. Traditional institutions, bound by risk aversion, failed to grasp the shophouse’s immense potential. Frustration mounted, and the looming deadline cast a shadow over the dream.
Enter Tembusu Financial Services. Our dedicated relationship managers, in concert with the borrower’s directors, dissected the business plan and delved deep into the guarantor’s credit history. Through this collaborative effort, we unearthed hidden gems, bright spots that illuminated our credit evaluation and enabled the borrower to pass with flying colors.
Tembusu extended approval for the mortgage loan the borrower needed. Our lightning-fast response and enticing terms transformed adversity into triumph. With Tembusu’s mastery of financing, the company secured the vital funds effortlessly, rescuing the shophouse dream from uncertainty.
