The land loan will close December 11 at 11:59 pm PT
The land loan on the addy is in its final hours and will close tomorrow. It estimates monthly interest payments over a 12 month term.
The asset securing this loan is a single family property located in Kelowna, British Columbia. The loan will be secured against the property as a first mortgage.
More details are available in your addy account.
Become a member:
The Dealer:
Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, Yukon, North West Territories, Nunavut, Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland and Labrador (ND# 63820). Equivesto and Addy Portal Corporation (addy) have entered into an agreement, pursuant to which and subject to its terms, Equivesto shall act in the capacity of an EMD for distributions facilitated by addy. This portal is operated pursuant to that agreement.
The Issuer:
The issuer, 1340291 B.C. LTD. is a numbered corporation dba addy Lending Corp. with a single director, specializing in providing short-term, high-interest loans secured by real estate. The issuer acts as the mortgagee and will be registered on title for each loan it provides, ensuring security through the underlying property. With a focus on real estate-backed lending, the corporation helps facilitate funding for borrowers in need of quick access to capital.
