Projects list

Šv. Mykolo str.10, Oldtown, Vilnius, Lithuania

Project finished

Amount of funding 154 500 €

LTV 69%

Annual interest rate 11.50%

Total expected project return 11.49%

Loan period

12 mo.

Risk

D (high)

Purpose of the loan

Refinancing

Collateral Real estate pledge

Country

Lithuania

Investors 98

Raised:
154 500 € Goal:
154 500 €

100.00%

Project updates

Loan repaid

2021-01-05

The debtor has repaid the loan. Duration of loan 385 d.

Period paid

2021-01-05

The debtor has paid interest for the period 2020-12-17. Payment delay days: 18.

Period paid

2020-12-18

The debtor has paid interest for the period 2020-11-17. Payment delay days: 31.

Possible period delay

2020-12-11

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

Possible period delay

2020-11-16

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

Period paid

2020-10-30

The debtor has paid interest for the period 2020-10-17. Payment delay days: 13.

Period paid

2020-10-01

The debtor has paid interest for the period 2020-09-17. Payment delay days: 14.

Period paid

2020-09-01

The debtor has paid interest for the period 2020-08-17. Payment delay days: 15.

Period paid

2020-08-03

The debtor has paid interest for the period 2020-07-17. Payment delay days: 17.

Period paid

2020-07-08

The debtor has paid interest for the period 2020-06-17. Payment delay days: 21.

Possible period delay

2020-06-16

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

Period paid

2020-06-02

The debtor has paid interest for the period 2020-05-17. Payment delay days: 16.

Possible period delay

2020-05-16

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

Period paid

2020-04-30

The debtor has paid interest for the period 2020-04-17. Payment delay days: 13.

Possible period delay

2020-04-16

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

Period paid

2020-04-03

The debtor has paid interest for the period 2020-03-17. Payment delay days: 17.

Possible period delay

2020-03-16

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

Period paid

2020-02-17

The debtor has paid interest for the period 2020-02-17.

Possible period delay

2020-02-16

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

Period paid

2020-02-06

The debtor has paid interest for the period 2020-01-17. Payment delay days: 20.

Possible period delay

2020-01-16

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

Business loan terms

About the loan

Amount of funding 154 500 €

LTV 69 %

Risk D (high)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 3 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11.5 %

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 3 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2019-12-17

Estimated loan repayment date:* 2020-12-17

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 Pranašumas

Company registration address

Project developer - Private Limited Liability Company "Pranašumas", whose shareholders and management are engaged in real estate investments, their development, management and administration, as well as specializing in construction of residential buildings and renovation of buildings. The company belongs to NORHOUSE group of companies, which has developed and participated in several major real estate projects. Currently NORHOUSE Group is engaged in real estate development, land purchase, cottage construction, innovative construction technology and energy solutions.

2017-2018 8 semi-detached cottages were built in NORHOUSE group of companies: 4 buildings. In Druskininkai (Žolynų str. 8) and 4 buildings. (Juodupio str. 2H) in Vilnius. The cottages are built using innovative building technologies.

Important! The developer UAB "Pranašumas" successfully pays interest on the Nordstreet system.

Loan protection collateral

Loan

The financing requires an amount of € 154,500 to refinance an existing loan and enlarging operating capital of the company.

Loan collateral

First row mortgages on existing real estate - Mortgage.

The value of the property is € 223,000. The full property valuation is uploaded in the Documents section.

The loan will be repaid from the sale of existing assets, current and future profits, or by refinancing the loan.

Investment risk: D (highest)

LTV: 69%

Mortgaged property: 101.81 sq.m total fully furnished non-residential (administrative / office type) premises at St. Mykolo g. 10, Vilnius.

Collateral value: € 223,000

Interest:

Investing from 100 € - interest 11.5%
Investing from € 5,000 - 12.0% interest
Investing from € 10,000 - 12.5% interest
Investing from € 20,000 - 13% interest

Interest on the loan is calculated from the predetermined closing date of the auction and is paid monthly. Under special offers, the interest rate for investors may differ from those described above.

Loan term

12 months (with the option of early repayment, but no earlier than 3 months).

If the Borrower repays the Loan Amount or part thereof less than 3 months after the due date of 12 months, the Borrower undertakes to pay interest to the Lender for a period of 3 months. After the 3 month period, the Borrower may repay the loan at no additional charge.

Company loan repayment period

Expected loan start date: 15.12.2019

Expected loan repayment date: June 15, 2020 - December 15, 2020

Strengths and risks

Documents

#	File name	File type	Actions
1	NT vertinimas Sv Mykolo ofisas 10-2 2019 Kovertas.pdf

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 154 500 €

LTV 69 %

Risk D (high)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 3 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11.5 %

Loan term and repayment

Loan period 12 mo.

Minimum loan period 3 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2019-12-17

Estimated loan repayment date:* 2020-12-17

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 protection collateral

Collateral

Real estate pledge

Property type

Administrative

Mortgage rank

First order mortgage

LTV

69%

Loan

The financing requires an amount of € 154,500 to refinance an existing loan and enlarging operating capital of the company.

Loan collateral

First row mortgages on existing real estate - Mortgage.

The value of the property is € 223,000. The full property valuation is uploaded in the Documents section.

The loan will be repaid from the sale of existing assets, current and future profits, or by refinancing the loan.

Investment risk: D (highest)

LTV: 69%

Mortgaged property: 101.81 sq.m total fully furnished non-residential (administrative / office type) premises at St. Mykolo g. 10, Vilnius.

Collateral value: € 223,000

Interest:

Investing from 100 € - interest 11.5%
Investing from € 5,000 - 12.0% interest
Investing from € 10,000 - 12.5% interest
Investing from € 20,000 - 13% interest

Interest on the loan is calculated from the predetermined closing date of the auction and is paid monthly. Under special offers, the interest rate for investors may differ from those described above.

Loan term

12 months (with the option of early repayment, but no earlier than 3 months).

Company loan repayment period

Expected loan start date: 15.12.2019

Expected loan repayment date: June 15, 2020 - December 15, 2020

Project updates

Loan repaid

2021-01-05

The debtor has repaid the loan. Duration of loan 385 d.

Period paid

2021-01-05

The debtor has paid interest for the period 2020-12-17. Payment delay days: 18.

Period paid

2020-12-18

The debtor has paid interest for the period 2020-11-17. Payment delay days: 31.

Possible period delay

2020-12-11

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

Possible period delay

2020-11-16

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

Period paid

2020-10-30

The debtor has paid interest for the period 2020-10-17. Payment delay days: 13.

Period paid

2020-10-01

The debtor has paid interest for the period 2020-09-17. Payment delay days: 14.

Period paid

2020-09-01

The debtor has paid interest for the period 2020-08-17. Payment delay days: 15.

Period paid

2020-08-03

The debtor has paid interest for the period 2020-07-17. Payment delay days: 17.

Period paid

2020-07-08

The debtor has paid interest for the period 2020-06-17. Payment delay days: 21.

Possible period delay

2020-06-16

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

Period paid

2020-06-02

The debtor has paid interest for the period 2020-05-17. Payment delay days: 16.

Possible period delay

2020-05-16

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

Period paid

2020-04-30

The debtor has paid interest for the period 2020-04-17. Payment delay days: 13.

Possible period delay

2020-04-16

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

Period paid

2020-04-03

The debtor has paid interest for the period 2020-03-17. Payment delay days: 17.

Possible period delay

2020-03-16

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

Period paid

2020-02-17

The debtor has paid interest for the period 2020-02-17.

Possible period delay

2020-02-16

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

Period paid

2020-02-06

The debtor has paid interest for the period 2020-01-17. Payment delay days: 20.

Possible period delay

2020-01-16

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

Latest loans

With Nordstreet everyone can become an investor! Register now and start investing!

Waiting for investments

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

Raised:
2 726 € Goal:
50 000 €

5.45%

Annual interest rate
13% - 13%
Investors 18
LTV 49%
Risk group B (medium)
Months 23
Collateral Real estate pledge

Details Invest

Waiting for investments

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

Raised:
13 302 € Goal:
35 800 €

37.15%

Annual interest rate
15% - 15%
Investors 68
LTV 60%
Risk group C (higher)
Months 24
Collateral Real estate pledge

Details Invest

Waiting for investments

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

Raised:
9 807 € Goal:
100 000 €

9.8%

Annual interest rate
12% - 13.5%
Investors 45
LTV 60%
Risk group B (medium)
Months 12
Collateral Real estate pledge

Details Invest

Waiting for investments

Business loan #00340

Raised:
11 747 € Goal:
20 000 €

58.73%

Annual interest rate
16% - 16%
Investors 57
LTV 0%
Risk group C (higher)
Months 24
Collateral Guarantees / surety

Details Invest

Waiting for investments

Business loan #00328

Raised:
2 287 € Goal:
15 000 €

15.24%

Annual interest rate
16% - 16%
Investors 10
LTV 0%
Risk group C (higher)
Months 24
Collateral Guarantees / surety

Details Invest

Fully invested

Business loan #00337 (2 stage)

Raised:
12 000 € Goal:
12 000 €

100%

Annual interest rate
16% - 16%
Investors 43
LTV 0%
Risk group B (medium)
Months 24
Collateral Guarantees / surety

Details

All projects

Need a Business Development Loan?

Grow your business faster! Getting a business loan secured through mortgage is much easier and faster with Nordstreet.

Why apply to Nordstreet for a business loan?

Advertising and comfortable returns
Speed and your choice when to return the loan
Competence and simplicity

Learn more

Šv. Mykolo str.10, Oldtown, Vilnius, Lithuania

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

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!

Šv. Mykolo str.10, Oldtown, Vilnius, Lithuania

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!