REFIN is established in 2018, with an aim to serve real estate market by providing capital for developers to finance real estate projects.
REFIN specializes in projects up to EUR 3 million where REFIN provides capital along developers own funds and optional bank financing. REFIN adds value by helping finance projects in a professional, flexible and fast manner to achieve a better return on capital for developers.
At the initial stage, we specialize in real estate projects in Riga and Riga region
| Residential, |
| Commercial, |
| Mixed. |
Financing is offered for real estate projects at different development stages.
We provide capital for real estate developers who qualify for particular specification of the project.
| Max project costs: | 1 000 000 EUR |
| LTV: | 70 % |
| Max REFIN stake: | 50% |
| Rate: | 15% (+ success fee) |
| Project period till: | 2 year |
| Mortgage: | first class |
| Max project costs: | 3 000 000 EUR |
| LTV: | 70 % |
| Max REFIN stake: | 20% |
| Rate: | 15% (+ success fee) |
| Project period till: | 3 year |
| Mortgage: | second class |
REFIN finances projects in equal stake with a developer. Good track record of the developer and experience in similar type projects are essential for establishing cooperation with REFIN.
WE ARE PROFESSIONALS AND KNOW THE VALUE OF TIME IN PROJECT DEVELOPMENT. OUR EXPERIENCE ENSURES A TIMELY ASSESSMENT OF THE PROJECT RISKS, ARRANGEMENTS NEEDED AND POSSIBILITIES FOR COOPERATION.
ExpressCredit CEO, experienced in commercial real estate portfolio management in all market cycles
Owner of a leading non bank consumer lender ExpressCredit group, an entrepreneur with extensive experience in commercial real estate project development
ExpressCredit CFO, experience in finance and risk management
OUR MISSION
TO PROVIDE DEVELOPERS THE CAPITAL THEY NEED TO MAKE EXCELLENT REAL ESTATE PROJECTS.
OUR VALUES
EXPERIENCE. FLEXIBILITY. SPEED.
If You see REFIN as Your potential partner for financing real estate project, please contact us.