We are supervised by
Plokštinės g. 3, Plunge d. municipality, guest house - Hotel "Linelis"
Amount of funding
550 000 €
LTV
44%
Annual interest rate
13.00% - 14.00%
Total expected project return
25.99% - 28.00%
Loan period
24 mo.
Risk
A (low)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
0
Raised:
0 € Goal:
550 000 €
0 € Goal:
550 000 €
0.00%
How much will I earn if I invest:
Investment size
100.00 €
550 000.00 €
13%
14%
14%
With this project in one month I will earn
€
After 12 months I will earn
€
After 24 months i will earn
€
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Turto vertinimas Linelis, Plokštinės g bendras.pdf |
|
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About the loan
Amount of funding
550 000 €
LTV
44 %
Risk
A (low)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
24 mo.
Minimum loan period
6 mo.
Collateral
Real estate pledge
Mortgage rank
First order mortgage
Investment from 100 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 13 %
- Investing from 50 000.00 € - fixed interest 14 %
- Investing from 50 000.00 € - fixed interest 14 %
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
24 mo.
Minimum loan period
6 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2020-04-01
Estimated loan repayment date:*
2022-04-01
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
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