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.
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
Gintauto Bučinsko individuali įmonė - company established in August 2008. The company was established with the aim of transporting cargo on domestic and international land transport routes. The company currently operates in Scandinavia.
In 2020, the net profit amounts is EUR 4 974, and the value of the balance sheet assets is EUR 31 806.
Company code: 301842851
Loan collateral:
Company guarantee (bill of exchange) and company' s manager and shareholder Gintauto Bučinsko guarantee.
Loan repayment:
Repayment of the loan: The loan is planned to be repaid by the end of the project term from the expected growth of the company's income, increasing profits, sale of assets or refinancing of the loan.
SWOT analysis of the project beneficiary:
Strenghtness - Company guarantee (bill) and guarantee of its manager and shareholder.
Weaknesses - The guarantor did not always make payments on time.
Options - The borrower has an annual interest rate of 13%.
Threats - Unclear economic situation.
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.
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
Loan collateral:
Company guarantee (bill of exchange) and company' s manager and shareholder Gintauto Bučinsko guarantee.
Loan repayment:
Repayment of the loan: The loan is planned to be repaid by the end of the project term from the expected growth of the company's income, increasing profits, sale of assets or refinancing of the loan.
Gintauto Bučinsko individuali įmonė - company established in August 2008. The company was established with the aim of transporting cargo on domestic and international land transport routes. The company currently operates in Scandinavia.
In 2020, the net profit amounts is EUR 4 974, and the value of the balance sheet assets is EUR 31 806.
Company code: 301842851
SWOT analysis of the project beneficiary:
Strenghtness - Company guarantee (bill) and guarantee of its manager and shareholder.
Weaknesses - The guarantor did not always make payments on time.
Options - The borrower has an annual interest rate of 13%.
Threats - Unclear economic situation.
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