We are supervised by
Ežero st. 22, Petkėniškių vil., Trakų d. mun., Lithuania
Amount of funding
95 000 €
LTV
61%
Annual interest rate
15.00% - 16.00%
Total expected project return
11.25% - 11.99%
Loan period
9 mo.
Risk
C (higher)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
195
Raised:
95 000 € Goal:
95 000 €
95 000 € Goal:
95 000 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Istatai_Pasirašyta MK.pdf |
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| 2 | Turto vertinimo ataskaita.pdf |
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| 3 | Įkeičiamo turto NTR išrašas.pdf |
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| 4 | PIID.pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
95 000 €
LTV
61 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
9 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
62 000.00 €
Purpose of the loan
An amount of EUR 95,000 is required for financing. The loan funds will be used to refinance existing loan and pay for design works. The loan will be repaid by refinancing it in another financial institution or from the company's income. The amount that the project owner allocates to the project himself is EUR 62,000.
About the project
UAB "Žuvis visiems" is a special purpose company established for the establishment and operation of a fish farm by attracting the support of NMA according to the measures announced today. The company will grow African catfish and trout in closed recirculation systems. This year, the support of the structural funds of the European Union is allocated to the preparation of the site and the purchase of equipment. The company, together with its partners, prepares a project for the National Payments Agency and performs design work for the development of the planned activities. Part of the loan will be used for these works. The project description includes photos of future activities.
For support, the company applies for the following support positions:
- Investments in increasing the production capacity of promising fish species (including algae and crustaceans);
- Investments in the added value of aquaculture products (including processing and primary processing);
- Investments in the use of energy from RES in aquaculture and processing (installation or acquisition of energy production capacities using RES);
- Investment in direct sales and application/implementation of marketing tools.
More about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 15 %
- Investing from 1 000.00 € - fixed interest 15.25 %
- Investing from 3 000.00 € - fixed interest 15.5 %
- Investing from 5 000.00 € - fixed interest 15.75 %
- Investing from 7 000.00 € - fixed interest 16 %
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
9 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-07-12
Estimated loan repayment date:*
2025-04-12
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
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Annual interest rate
13% - 14%
- Investors 138
- LTV 31%
- Risk group B (medium)
- Months 24
- Collateral Real estate pledge
Latvia
Fully invested
The status indicates that the necessary funds have been raised to finance the loan, but the transaction has not yet taken place and is currently in the process of fulfilling the loan disbursement conditions (mortgage etc). At this
stage, the interest does not count. Interest starts to run after the loan is paid to the debtor and the project
status changes to "Processing". By default, fulfillment takes 2-3 weeks.
Teatra str. 9, Jurmala, Latvia
Raised:
283 200 € Goal:
283 200 €
283 200 € Goal:
283 200 €
100%
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