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
IĮ Narenas - the company is engaged in performs forest management works: deforestation, forest clearing, reforestation, timber extraction.
In 2020, the net profit amounts is EUR 8 000, and the value of the balance sheet assets is EUR 74 000 .
Company code: 303817359
Loan collateral:
Company guarantee (bill of exchange) and company' s manager and shareholder Renato Narmonto 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 - There is no material collateral.
Options - The borrower has an annual interest rate of 13% - 14%.
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 Renato Narmonto 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.
IĮ Narenas - the company is engaged in performs forest management works: deforestation, forest clearing, reforestation, timber extraction.
In 2020, the net profit amounts is EUR 8 000, and the value of the balance sheet assets is EUR 74 000 .
Company code: 303817359
SWOT analysis of the project beneficiary:
Strenghtness - Company guarantee (bill) and guarantee of its manager and shareholder.
Weaknesses - There is no material collateral.
Options - The borrower has an annual interest rate of 13% - 14%.
Threats - Unclear economic situation.
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