Projects list

Business loan #00307

Waiting for investments

Amount of funding 15 000 €

Annual interest rate 16.00%

Loan period

24 mo.

Risk

C (higher)

Purpose of the loan

Business loan

Collateral Guarantees / surety

Country

Lithuania

Investors 13

Raised:
3 208 € Goal:
15 000 €

21.39%

How much will I earn if I invest:

Investment size

100.00 €

11 792.00 €

16%

With this project in one month I will earn

€

After 12 months I will earn

€

After 24 months i will earn

€

Business loan terms

About the loan

Purpose of the loan To increase the company's working capital

Amount of funding 15 000 €

Risk C (higher)

Payment of interest Every month

Loan repayment Every month

Loan period 24 mo.

Minimum loan period 6 mo.

Collateral

Guarantees / surety

Mortgage rank Other pledge

The loan funds will be used to strengthen the stability of working capital. For this reason, the amount of allocation of the project owner's own funds is not relevant.

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 16 %

The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.

Loan term and repayment

Loan period 24 mo.

Minimum loan period 6 mo.

Loan repayment Every month

Estimated start date of the loan:* 2024-05-24

Estimated loan repayment date:* 2026-05-24

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform

Debtor

Company title LTD MDT transportas

Company code 305566998

Company registration address

Kalno g. 3 Kalvarijos sav. Lietuva 69285

Company website https://www.mdttransportas.lt/

LTD MDT transportas - prompt and safe freight transportation services with our own trucks in all European countries. EURO06 tractors that meet the highest ecological standards, semi-trailers of extremely strong construction based on XL certificates, innovative cargo monitoring and route planning systems, and drivers with many years of experience are the company's main values, thanks to which the company can provide each of its customers with the highest level of cargo transportation service. The company successfully implements not only normal, but also dangerous goods (ADR) transportation processes.

Sales revenue in 2022 was 935 TEUR, 2023 - 1 mln. 567 TEUR.
Net profit/loss in 2022 was minus 36 TEUR, 2023 - 41 TEUR.
Total assets of the company in 2022 was 295 TEUR, 2022 - 784 TEUR.
Equity in assets based on the presented balance sheet as of Y 2023 was 17.7 percent.
Company as an owner has 1 registered vehicles, the avg. value of the park is 10 TEUR (2024-04-01).
Company as an manager has 10 registered vehicles, the avg. value of the park is 300 TEUR (2024-04-01).
The company has 22 employees.

Loan protection collateral

Collateral:

Company guarantee (bill of exchange), company's manager Tomo Tamoliūno and shareholder Vidos Novak guarantee.

Strengths and risks

Strengths:

Company guarantee (bill of exchange) and guarantee of its director and shareholder.

Weaknesses:

Borrower 's activities are in a competitive sector.

Possibilities:

The annual interest rate payable by the borrower is 16.00%.

Threats:

Uncertain economic situation.

Documents

#	File name	File type	Actions
1	Istatai.pdf
2	20231231 atskaitomybė pasirašyta.pdf
3	PIID Priedas Nr. 1.pdf

Important

Nordstreet takes the following measures to ensure a safer investment:

The loan to value ratio of the project will not exceed the LTV ratio provided in the project description, including in cases when the project will be financed in stages.
If the required amount of funding is not collected before the start of the project, all investments will be returned to the investors. Upon application by the Debtor, the financing may be considered to have been successfully completed with a smaller amount collected, the financing of the project may be divided into several stages and / or the financing period of the project may be extended. In these cases, Nordstreet informs the funders and publishes the information on the completion of the project with a smaller amount, the division of the project funding into several stages or the extension of the project funding period on its website together with other information about the project.
By investing in a project, financiers acquire rights of recourse (claim rights). Nordstreet may provide the financiers with the possibility to transfer these claim rights to other users of the platform on the Secondary Market in accordance with the User Terms.
The activities of UAB Nordstreet are supervised by the Bank of Lithuania and UAB Nordstreet is included on the Public List of Operators of Crowdfunding Financing Platforms administered by the Bank of Lithuania.

About the loan

Purpose of the loan To increase the company's working capital

Amount of funding 15 000 €

Risk C (higher)

Payment of interest Every month

Loan repayment Every month

Loan period 24 mo.

Minimum loan period 6 mo.

Collateral

Guarantees / surety

Mortgage rank Other pledge

The loan funds will be used to strengthen the stability of working capital. For this reason, the amount of allocation of the project owner's own funds is not relevant.

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 16 %

Loan term and repayment

Loan period 24 mo.

Minimum loan period 6 mo.

Loan repayment Every month

Estimated start date of the loan:* 2024-05-24

Estimated loan repayment date:* 2026-05-24

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform

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