Projects list

Kalvarijų str. 125, Šnipiškių district, Vilnius city municipality, Lithuania

Project finished

Amount of funding 162 000 €

LTV 61%

Annual interest rate 14.00% - 15.50%

Total expected project return 14.00% - 15.50%

Loan period

12 mo.

Risk

C (higher)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Lithuania

Investors 162

Raised:
162 000 € Goal:
162 000 €

100.00%

Project updates

Period paid

2021-05-27

The debtor has paid interest for the period 2021-05-20. Payment delay days: 6.

Period paid

2021-05-25

The debtor has paid interest for the period 2021-04-20. Payment delay days: 35.

Possible period delay

2021-04-19

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

Period paid

2021-04-07

The debtor has paid interest for the period 2021-03-20. Payment delay days: 18.

Period paid

2021-03-19

The debtor has paid interest for the period 2021-02-20. Payment delay days: 27.

Possible period delay

2021-03-19

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

Possible period delay

2021-02-19

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

Period paid

2021-01-28

The debtor has paid interest for the period 2021-01-20. Payment delay days: 8.

Possible period delay

2021-01-19

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

Period paid

2020-12-31

The debtor has paid interest for the period 2020-12-20. Payment delay days: 11.

Period paid

2020-12-04

The debtor has paid interest for the period 2020-11-20. Payment delay days: 14.

Period paid

2020-10-28

The debtor has paid interest for the period 2020-10-20. Payment delay days: 8.

Period paid

2020-10-01

The debtor has paid interest for the period 2020-09-20. Payment delay days: 11.

Period paid

2020-08-27

The debtor has paid interest for the period 2020-08-20. Payment delay days: 7.

Period paid

2020-08-03

The debtor has paid interest for the period 2020-07-20. Payment delay days: 14.

Period paid

2020-06-29

The debtor has paid interest for the period 2020-06-20. Payment delay days: 9.

Business loan terms

About the loan

Amount of funding 162 000 €

LTV 61 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 6 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 14 %
Investing from 30 000.00 € - fixed interest 15.5 %
Investing from 5 000.00 € - fixed interest 14.5 %
Investing from 10 000.00 € - fixed interest 15 %

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 At the end of the loan period

Estimated start date of the loan:* 2020-05-20

Estimated loan repayment date:* 2021-05-20

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 „Verkių turtas"

Company registration address

Kalvariju 125 Vilnius Lietuva LT-08221

Legal entity "Verkių Turtas", which carries out and administers the lease of real estate belonging to it, in Vilnius.

The team has an experienced manager, is well versed in his job and the specifics of real estate, and has been in the rental business for more than 4 years.

Loan protection collateral

Purpose of a business loan

The financing requires an amount of € 162,000, which will be used to free up the company's capital, which will be used to renovate the existing real estate and refinance the existing loan.

Loan collateral

Mortgage of the first line of existing real estate - Mortgage. The loan will be repaid from the sale of the company's development assets, current and future profits or after refinancing the loan.

Investment risk: C (higher)

LTV: 61%

Pledged property: 186.15 m2 of total non-residential administrative premises with a shop, Kalvarijų str.125, Vilnius.

Value of mortgaged property: € 266,000

Interest:

When investing from 100 € - interest 14%
When investing from € 5,000 - interest 14.5%
When investing from 10,000 € - interest 15%
When investing from € 30,000 - interest 15.5%

Loan term

12 months (with the possibility of repayment earlier, but not earlier than after a period of 6 months).

If the Borrower repays the Loan amount or a part thereof earlier than 6 months after the due date of 12 months, he undertakes to pay interest to the Lender for a period of 6 months. After a period of 6 months, the Borrower may repay the loan (together with the applicable interest) without any additional fees.

By investing in a project, financiers acquire claim rights. Nordstreet does not make it possible to transfer these acquired claim rights to other persons on its platform.

Company loan repayment period

Estimated start date of the loan: 2020 05 20

Expected repayment date of the loan: 2021 02 01 - 2021 04 01

Strengths and risks

Documents

#	File name	File type	Actions
1	Turto vertinimas - Property valuation Kalvariju.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 162 000 €

LTV 61 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 6 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 14 %
Investing from 30 000.00 € - fixed interest 15.5 %
Investing from 5 000.00 € - fixed interest 14.5 %
Investing from 10 000.00 € - fixed interest 15 %

Loan term and repayment

Loan period 12 mo.

Minimum loan period 6 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2020-05-20

Estimated loan repayment date:* 2021-05-20

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

61%

Purpose of a business loan

The financing requires an amount of € 162,000, which will be used to free up the company's capital, which will be used to renovate the existing real estate and refinance the existing loan.

Loan collateral

Mortgage of the first line of existing real estate - Mortgage. The loan will be repaid from the sale of the company's development assets, current and future profits or after refinancing the loan.

Investment risk: C (higher)

LTV: 61%

Pledged property: 186.15 m2 of total non-residential administrative premises with a shop, Kalvarijų str.125, Vilnius.

Value of mortgaged property: € 266,000

Interest:

When investing from 100 € - interest 14%
When investing from € 5,000 - interest 14.5%
When investing from 10,000 € - interest 15%
When investing from € 30,000 - interest 15.5%

Loan term

12 months (with the possibility of repayment earlier, but not earlier than after a period of 6 months).

By investing in a project, financiers acquire claim rights. Nordstreet does not make it possible to transfer these acquired claim rights to other persons on its platform.

Company loan repayment period

Estimated start date of the loan: 2020 05 20

Expected repayment date of the loan: 2021 02 01 - 2021 04 01

Project updates

Period paid

2021-05-27

The debtor has paid interest for the period 2021-05-20. Payment delay days: 6.

Period paid

2021-05-25

The debtor has paid interest for the period 2021-04-20. Payment delay days: 35.

Possible period delay

2021-04-19

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

Period paid

2021-04-07

The debtor has paid interest for the period 2021-03-20. Payment delay days: 18.

Period paid

2021-03-19

The debtor has paid interest for the period 2021-02-20. Payment delay days: 27.

Possible period delay

2021-03-19

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

Possible period delay

2021-02-19

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

Period paid

2021-01-28

The debtor has paid interest for the period 2021-01-20. Payment delay days: 8.

Possible period delay

2021-01-19

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

Period paid

2020-12-31

The debtor has paid interest for the period 2020-12-20. Payment delay days: 11.

Period paid

2020-12-04

The debtor has paid interest for the period 2020-11-20. Payment delay days: 14.

Period paid

2020-10-28

The debtor has paid interest for the period 2020-10-20. Payment delay days: 8.

Period paid

2020-10-01

The debtor has paid interest for the period 2020-09-20. Payment delay days: 11.

Period paid

2020-08-27

The debtor has paid interest for the period 2020-08-20. Payment delay days: 7.

Period paid

2020-08-03

The debtor has paid interest for the period 2020-07-20. Payment delay days: 14.

Period paid

2020-06-29

The debtor has paid interest for the period 2020-06-20. Payment delay days: 9.

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Kalvarijų str. 125, Šnipiškių district, Vilnius city municipality, 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

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Kalvarijų str. 125, Šnipiškių district, Vilnius city municipality, 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

2 MW solar power park Narvydžių vil., Skuodo d., Lithuania (1 stage)

P. Vileišio st. 18A-19, 20, 21, Vilnius, Lithuania (2 stage)

Lubānas st. 133A, Riga, Latvia (5 stage)

Bistryčios st. 27, Vilnius, Lithuania (1 stage)

Business loan #00342

Teatra str. 9, Jurmala, Latvia

Need a Business Development Loan?

News

Join the Nordstreet investor community!