Projects list

Business loan # 00001

Project finished

Amount of funding 30 000 €

Annual interest rate 13.00%

Loan period

12 mo.

Risk

C (higher)

Purpose of the loan

Business loan

Collateral Pledge of machinery / equipment

Country

Lithuania

Investors 27

Raised:
30 000 € Goal:
30 000 €

100.00%

Project updates

Period paid

2021-10-27

The debtor has paid interest for the period 2021-10-09. Payment delay days: 18.

Possible period delay

2021-10-27

The borrower has promised to pay the late payment this week.

Period paid

2021-10-18

The debtor has paid interest for the period 2021-09-09. Payment delay days: 39.

Possible period delay

2021-10-17

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2021-10-17

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-10-12

The borrower has promised to pay the late payment within 1-2 days.

Notification of breach of payment obligation

2021-10-11

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-10-09

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2021-09-28

The borrower has promised to pay the late payment this week.

Possible period delay

2021-09-13

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-09-10

The debtor has paid interest for the period 2021-08-09. Payment delay days: 32.

Notification of breach of payment obligation

2021-09-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-09-09

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2021-09-07

The borrower promises to make the payment last week. Payment wasn't received. Couldn't to contact borrower.

Possible period delay

2021-08-31

The borrower has promised to pay the late payment this week.

Possible period delay

2021-08-10

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2021-08-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-08

The debtor has paid interest for the period 2021-07-09. Payment delay days: 30.

Period paid

2021-07-09

The debtor has paid interest for the period 2021-06-09. Payment delay days: 30.

Possible period delay

2021-07-09

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2021-07-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-06-08

The debtor has paid interest for the period 2021-05-09. Payment delay days: 30.

Possible period delay

2021-06-08

The debtor has informed you of the possible delay in interest payment.

Possible period delay

2021-05-09

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-05-07

The debtor has paid interest for the period 2021-04-09. Payment delay days: 28.

Possible period delay

2021-04-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-03-31

The debtor has paid interest for the period 2021-03-09. Payment delay days: 22.

Possible period delay

2021-03-10

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-02-17

The debtor has paid interest for the period 2021-02-09. Payment delay days: 8.

Possible period delay

2021-02-10

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-01-12

The debtor has paid interest for the period 2021-01-09. Payment delay days: 3.

Period paid

2020-12-12

The debtor has paid interest for the period 2020-12-09. Payment delay days: 3.

Possible period delay

2020-12-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2020-11-11

The debtor has paid interest for the period 2020-11-09. Payment delay days: 2.

Business loan terms

About the loan

Amount of funding 30 000 €

Risk C (higher)

Payment of interest Every month

Loan repayment Every month

Loan period 12 mo.

Minimum loan period 6 mo.

Collateral

Pledge of machinery / equipment

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 13 %

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 12 mo.

Minimum loan period 6 mo.

Loan repayment Every month

Estimated start date of the loan:* 2020-10-09

Estimated loan repayment date:* 2021-10-09

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 UAB SS Rent

Company registration address

Naugarduko 26 Vilnius Lietuva LT-03225

SS rent is a private equity construction equipment rental and sales company. By focusing more on customers, the company offers the most suitable solutions for construction, thus saving customers time and money.

The company offers the following services:

Formwork rental
Tower rental
Scaffolding rental
Rental of other construction equipment
Construction, contract works

More about the company and its activities: http://ssrent.lt/

Loan protection collateral

Loan collateral

• Pledge of the accounting property (formwork, construction equipment, six cars and other small machinery) in the financial statements of the legal entity, the value of which is EUR 68,849, with a primary mortgage.

• Guarantee of the company's manager and shareholder;

Mortgaged property

Pledge of the accounting property (formwork, construction equipment, six cars and other small machinery) presented in the financial statements of the legal entity, the value of which is EUR 68,849, with a primary mortgage.

Location of the mortgaged property

Kuršių st.2, Vilnius, Lithuania

Loan repayment

The loan is planned to be repaid by the end of the project term from the expected growing income of the company or after refinancing the loan.

Strengths and risks

SWOT analysis of the project beneficiary:

Strengths - The borrower's manager and shareholder G. Stūglys provides a personal guarantee.

- The borrower has successfully paid interest and repaid the loans to investors on the Nordstreet platform for the financing received.

Weaknesses - The borrower did not always make payments on time and was late in making interest payments.

Opportunities - The borrower pays Nordstreet an average annual interest rate of 11%. (data on previous loans)

Threats - Possible delays in the borrower's payments.

- The borrower has had litigation, delays and arrests.

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

Amount of funding 30 000 €

Risk C (higher)

Payment of interest Every month

Loan repayment Every month

Loan period 12 mo.

Minimum loan period 6 mo.

Collateral

Pledge of machinery / equipment

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 13 %

Loan term and repayment

Loan period 12 mo.

Minimum loan period 6 mo.

Loan repayment Every month

Estimated start date of the loan:* 2020-10-09

Estimated loan repayment date:* 2021-10-09

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

Project updates

Period paid

2021-10-27

The debtor has paid interest for the period 2021-10-09. Payment delay days: 18.

Possible period delay

2021-10-27

The borrower has promised to pay the late payment this week.

Period paid

2021-10-18

The debtor has paid interest for the period 2021-09-09. Payment delay days: 39.

Possible period delay

2021-10-17

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2021-10-17

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-10-12

The borrower has promised to pay the late payment within 1-2 days.

Notification of breach of payment obligation

2021-10-11

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-10-09

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2021-09-28

The borrower has promised to pay the late payment this week.

Possible period delay

2021-09-13

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-09-10

The debtor has paid interest for the period 2021-08-09. Payment delay days: 32.

Notification of breach of payment obligation

2021-09-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-09-09

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2021-09-07

The borrower promises to make the payment last week. Payment wasn't received. Couldn't to contact borrower.

Possible period delay

2021-08-31

The borrower has promised to pay the late payment this week.

Possible period delay

2021-08-10

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2021-08-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2021-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-08

The debtor has paid interest for the period 2021-07-09. Payment delay days: 30.

Period paid

2021-07-09

The debtor has paid interest for the period 2021-06-09. Payment delay days: 30.

Possible period delay

2021-07-09

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2021-07-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-06-08

The debtor has paid interest for the period 2021-05-09. Payment delay days: 30.

Possible period delay

2021-06-08

The debtor has informed you of the possible delay in interest payment.

Possible period delay

2021-05-09

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-05-07

The debtor has paid interest for the period 2021-04-09. Payment delay days: 28.

Possible period delay

2021-04-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-03-31

The debtor has paid interest for the period 2021-03-09. Payment delay days: 22.

Possible period delay

2021-03-10

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-02-17

The debtor has paid interest for the period 2021-02-09. Payment delay days: 8.

Possible period delay

2021-02-10

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-01-12

The debtor has paid interest for the period 2021-01-09. Payment delay days: 3.

Period paid

2020-12-12

The debtor has paid interest for the period 2020-12-09. Payment delay days: 3.

Possible period delay

2020-12-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2020-11-11

The debtor has paid interest for the period 2020-11-09. Payment delay days: 2.

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Business loan # 00001

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Nordstreet takes the following measures to ensure a safer investment:

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Loan protection collateral

Debtor

Strengths and risks

Documents

Nordstreet takes the following measures to ensure a safer investment:

Project updates

Secondary market

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Business loan # 00001

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Nordstreet takes the following measures to ensure a safer investment:

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Loan protection collateral

Debtor

Strengths and risks

Documents

Nordstreet takes the following measures to ensure a safer investment:

Project updates

Secondary market

Latest loans

Rožių st. 74, Panevėžys, Lithuania (3 stage)

Dovinės 18-oji str. 6, Liudvinavo vil., Marijampolės mun., Lithuania (1 stage)

Lubānas g. 133A, Riga, Latvia (3 stage)

Business loan #00340

Business loan #00328

Business loan #00337 (2 stage)

Need a Business Development Loan?

News

Join the Nordstreet investor community!