I have a background in developing innovative technology for the banking and insurance sector. I created a software company which was later successful sold. I have created and funded business in health and leisure, retail, hospitality and undertaken property development.
I have invested in the development of a small boutique hotel located 20 minutes from the centre of Marrakech. I personally own the land and property and there are no existing liens or encumbrances.
I now wish to raise £100K to complete the build and furnish the property ready to operate as a luxury small hotel. The business is projected to make a net revenue of £260,000 per annum based on 30% occupancy.
Loan funding required offering 12% per annum with full repayment in 2 years from the date of investment.