Business loan list

Business loan #00004

  • Interest Annual return on investment. 13 %
  • Goal 25 000.00 €
  • LTV LTV shows the ratio between the amount of loan and the value of pledged assets. The lower the indicator, the lower is risk. %
  • Loan period 12 mo.
  • Risk class Risk Classes - assess of the probability of financier’s losses.  The company divides the risk of creditworthiness of Project Owners to: low (A), medium (B), higher (C) and high (D). B (medium)
  • Loan type Business loan
  • Mortgage rank Unsecured loan
  • Property type Other
  • Collateral Guarantees / surety
  • Investors 16
  • Location Lithuania
Raised:
25 000.00 €
Goal:
25 000.00 €
100%
The time for investing is over

Secondary market

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Introduction

About collecting financing for Business Loan # 00004 on the Nordstreet platform:

• Loan Purpose: A business loan for investment in job optimization and customer control

• Loan amount: EUR 25,000

• Loan period: 12 months

• Annual investment return on the project: 13%

• Project risk: B (medium). You can read the project owner's evaluation rules HERE.

• Collateral: a guarantee from the company's manager and shareholder

• This loan is part-financed by INVEGA.

Nordstreet started Public funding programs for small businesses

- "Avietė" and "Avietė" COVID program - working capital loan.

- Interest reimbursement. Businesses can apply for partial interest compensation from Invega and recover up to 95% of the interest paid.

For business loans, contact us by e-mail. email loans@nordstreet.com

Nordstreet takes these measures to ensure a safe investment

If the required amount of funding is not collected before the start of the project, all investments will be returned to the invested persons. Upon application by the Borrower, 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.

Business loan terms

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Borrower

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Loan protection collateral

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Strengths and risks

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Documents

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Investments

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  • Waiting for investments Left to invest: 0 d. 22:24:09

    J. Lelevelio str. 4, Naujamiesčio district, Vilnius city, Lithuania (3 stage)

    Raised:
    112 624.00 €
    Goal:
    116 610.00 €
    96.58%
    • Return rate 10.5%
    • Investors 119
    • LTV 69%
    • Risk group B (medium)
    • Months 12
    • Collateral Real estate pledge
    Left to invest: 0 d. 22:24:09 Details Invest
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