Taikos Ave. 116V, Dainava eldership, Kaunas, Lithuania

Interest Annual return on investment. 11.5 %
Goal 76 000.00 €
LTV LTV shows the ratio between the amount of loan and the value of pledged assets. The lower the indicator, the lower is risk. 65%
Loan period 18 Months
Risk class Risk Classes - assess of the probability of financier’s losses. The company divides the risk of creditworthiness of Project Owners to: low (A), medium (B), higher (C) and high (D). B
Loan type Development loan
Property type Commercial
Investors 112
Location Lithuania

Raised:
76 000.00 € Goal:
76 000.00 €

100%

Introduction

Nordstreet guarantees safe investment:

The loan-to-value (LTV) ratio of the project will not exceed the LTV ratio provided in the project description if the project is funded in stages;
If the required financing amount is not collected before the start of the project, all investments will be returned to the investees. If borrower request for a smaller amount of the loan grant - funding can be considered successful completion of entering a lower amount.

Purpose of financing:

Financing of construction work for newly constructed building and land preparation.

Loan protection:

Project return on investment and interest payment

Investing from 100 €
Annual investment return on the project 11.5% (investment details are described in section Detailed information)
Interest of the loan is calculated from the end date of the auction and is paid monthly. The amount invested is repaid when the project developer repays the loan.
Loan term: 18 months.