Asset Backed Loan
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donotjudge
- Posts: 21
- Joined: 23 Feb 2021 20:57
Asset Backed Loan
If i own a piece of land in Cyprus, with a 50% share, would i be able to get a loan by backing it with this security? I couldn't find any information on google about this.
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Nigel Howarth
- Site Admin
- Posts: 2921
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
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Re: Asset Backed Loan
Hi donotjudge
The best people to ask about this is a bank, but I believe it should be possible to use the land as collateral for a loan.
Regards,
The best people to ask about this is a bank, but I believe it should be possible to use the land as collateral for a loan.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
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Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news