We are supervised by
Krišjāņa Valdemāra str. 145 k-1 - 55, Riga, Latvia (refinancing)
Amount of funding
91 000 €
LTV
23%
Annual interest rate
12.00% - 13.00%
Total expected project return
18.00% - 19.49%
Loan period
18 mo.
Risk
B (medium)
Purpose of the loan
Refinancing
Collateral
Real estate pledge
Country
Latvia
Latvia
Investors
150
Raised:
91 000 € Goal:
91 000 €
91 000 € Goal:
91 000 €
100.00%
| # | File name | File type | Actions |
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| 1 | Vertinimas naujas.pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
91 000 €
LTV
23 %
Risk
B (medium)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
18 mo.
Minimum loan period
6 mo.
Collateral
Real estate pledge
Mortgage rank
First order mortgage
The need for financing is an amount of 91,000 €, which can be be allocated for refinancing existing loan obligations on the Nordstreet platform.
The loan will be repaid from sale of the project or refinanced in other financial institution.
Investment from 100.00 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 12 %
- Investing from 5 000.00 € - fixed interest 12.25 %
- Investing from 7 500.00 € - fixed interest 12.5 %
- Investing from 10 000.00 € - fixed interest 13 %
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
18 mo.
Minimum loan period
6 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2022-10-18
Estimated loan repayment date:*
2024-04-13
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
Latest loans
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Annual interest rate
13% - 14%
- Investors 138
- LTV 31%
- Risk group B (medium)
- Months 24
- Collateral Real estate pledge
Latvia
Fully invested
The status indicates that the necessary funds have been raised to finance the loan, but the transaction has not yet taken place and is currently in the process of fulfilling the loan disbursement conditions (mortgage etc). At this
stage, the interest does not count. Interest starts to run after the loan is paid to the debtor and the project
status changes to "Processing". By default, fulfillment takes 2-3 weeks.
Teatra str. 9, Jurmala, Latvia
Raised:
283 200 € Goal:
283 200 €
283 200 € Goal:
283 200 €
100%
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Why apply to Nordstreet for a business loan?
- Advertising and comfortable returns
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Success
Warning
- Invest from 50.00 €
- Average return 12.72%
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