Projects list

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

  • Interest Annual return on investment. 10.5 %
  • Goal 29 700.00 €
  • 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 mo.
  • 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 (low)
  • Loan type Development loan
  • Mortgage rank First order mortgage
  • Property type Storage
  • Collateral Real estate pledge
  • Investors 61
  • Location Lithuania
Raised:
29 700.00 €
Goal:
29 700.00 €
100%
The time for investing is over

Secondary market

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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.
  • 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.
  • 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.

Purpose of financing:

  • The purchase of buildings and building renovation

Loan protection:

  • Pledge of land and building (warehouse) on primary mortgage
  • Additional protection: personal surety of the supervisor

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.

Detailed Information

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Project Developers

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Finance

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Strengths and risks

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Documents

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Comments

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Project updates

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    Raised:
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    Goal:
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    • Investors 15
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