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
MB Emederis - the company's activities started in 2019. During this period, a physical store and an e-website www.zooprekes24.lt were opened, whose sales are growing rapidly. It is planned to open a zooprekes24 pet spa and another physical store this year.
In 2020, the net profit amounts is more than EUR 13 000, and the value of the balance sheet assets is EUR 14 600.
Company code: 305359960
Loan collateral:
Collateral: Company guarantee (bill of exchange) and company' s manager and shareholder Eriko Demenevo 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 borrower has been operating for less than two years.
Options - The borrower has an annual interest rate of 12%.
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:
Collateral: Company guarantee (bill of exchange) and company' s manager and shareholder Eriko Demenevo 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.
MB Emederis - the company's activities started in 2019. During this period, a physical store and an e-website www.zooprekes24.lt were opened, whose sales are growing rapidly. It is planned to open a zooprekes24 pet spa and another physical store this year.
In 2020, the net profit amounts is more than EUR 13 000, and the value of the balance sheet assets is EUR 14 600.
Company code: 305359960
SWOT analysis of the project beneficiary:
Strenghtness - Company guarantee (bill) and guarantee of its manager and shareholder.
Weaknesses - The borrower has been operating for less than two years.
Options - The borrower has an annual interest rate of 12%.
Threats - Unclear economic situation.
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