Vilties str 20, Nemeikščiai village, Utenos county, Lithuania (2nd stage)

Interest Annual return on investment. 10.5 %
Goal 35 000.00 €
LTV LTV shows the ratio between the amount of loan and the value of pledged assets. The lower the indicator, the lower is risk. 60%
Loan period 11 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). A
Loan type Development loan
Property type Storage
Investors 69
Location Lithuania

Raised:
35 000.00 € Goal:
35 000.00 €

100%

Introduction

This is Vilties str. 20, Nemeikiai, Utena d. financing phase II. Phase I was successful in raising EUR 86,000.

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:

Loan protection:

Project return on investment and interest payment

Investing from 100 €
Annual investment return on the project from 10.5% (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.