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Asset Backed Loan

Posted: 21 Nov 2023 14:02
by donotjudge
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.

Re: Asset Backed Loan

Posted: 22 Nov 2023 06:19
by Nigel Howarth
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,