Projects list

Legemyrane road 4, Moltustranda city, Norway (4 stage)

Processing

Amount of funding 108 000 €

Value of collateral 3 321 054 €

LTV 50%

Annual interest rate 11% - 11.5%

Total expected project return 23.83% - 24.91%

Loan period

26 mo.

Risk

C (higher)

Purpose of the loan

Business loan

Collateral Real estate pledge

Country

Norway

Investors 160

Raised:
108 000 € Goal:
108 000 €

100%

Secondary market

Project title	Interest	Until the expected end of the loan	Investment size	Price	Bonus/ discount	Offer valid until
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11.5 %	58 d.	3 000.00 €	2 830.00 €	-5.67 %	2023-06-13	View offer Details
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11 %	58 d.	100.00 €	99.00 €	-1.00 %	2023-06-14	View offer Details
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11 %	58 d.	65.00 €	65.00 €	0.00 %	2023-06-16	View offer Details

Project updates

Reminder about the upcoming deadline

2021-06-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-06-19

A reminder of breach of payment was sent to the Debtor

Period paid

2021-06-20

The debtor has paid interest for the period 2021-06-18.

Period paid

2021-07-13

The debtor has paid interest for the period 2021-07-18.

Reminder about the upcoming deadline

2021-08-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-18

The debtor has paid interest for the period 2021-08-18.

Reminder about the upcoming deadline

2021-09-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-09-19

The debtor has paid interest for the period 2021-09-18.

Reminder about the upcoming deadline

2021-10-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-10-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-10-20

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

Period paid

2021-10-25

The debtor has paid interest for the period 2021-10-18. Payment delay days: 7.

Reminder about the upcoming deadline

2021-11-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-11-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-11-22

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

Possible period delay

2021-12-10

The customer promised to pay by 15.12.2021.

Period paid

2021-12-13

The debtor has paid interest for the period 2021-11-18. Payment delay days: 15.

Reminder about the upcoming deadline

2021-12-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-12-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-12-20

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

Notification of breach of payment obligation

2021-12-26

A reminder of breach of payment was sent to the Debtor

Period paid

2022-01-04

The debtor has paid interest for the period 2021-12-18. Payment delay days: 17.

Reminder about the upcoming deadline

2022-01-18

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2022-01-19

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

Period paid

2022-01-21

The debtor has paid interest for the period 2022-01-18. Payment delay days: 3.

Reminder about the upcoming deadline

2022-02-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-02-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-02-22

The debtor has paid interest for the period 2022-02-18.

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-18.

Reminder about the upcoming deadline

2022-04-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-04-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-04-20

The debtor has paid interest for the period 2022-04-18.

Period paid

2022-05-06

The debtor has paid interest for the period 2022-05-18.

Period paid

2022-06-17

The debtor has paid interest for the period 2022-06-18.

Reminder about the upcoming deadline

2022-07-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-07-18

The debtor has paid interest for the period 2022-07-18.

Reminder about the upcoming deadline

2022-08-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-08-19

The debtor has paid interest for the period 2022-08-18.

Period paid

2022-09-13

The debtor has paid interest for the period 2022-09-18.

Reminder about the upcoming deadline

2022-10-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-10-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-10-19

The debtor has paid interest for the period 2022-10-18. Payment delay days: 1.

Reminder about the upcoming deadline

2022-11-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-11-18

The debtor has paid interest for the period 2022-11-18.

Reminder about the upcoming deadline

2022-12-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-12-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-12-22

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

Period paid

2023-01-11

The debtor has paid interest for the period 2022-12-18. Payment delay days: 23.

Reminder about the upcoming deadline

2023-01-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-01-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2023-01-20

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

Reminder about the upcoming deadline

2023-02-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-02-19

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-02-25

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-03-04

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-03-10

Communication with the debtor is in progress. A solution is sought to pay the overdue amount. We would also like to remind you that late interest is charged for each day of delay.

Reminder about the upcoming deadline

2023-03-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2023-03-28

The debtor has paid interest for the period 2023-01-18. Payment delay days: 68.

Possible period delay

2023-03-29

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

Notification of breach of payment obligation

2023-04-04

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-04-10

Communication with the debtor is in progress. A solution is sought to pay the overdue amount. We would also like to remind you that late interest is charged for each day of delay.

Reminder about the upcoming deadline

2023-04-18

Debtor sent a reminder about the upcoming deadline for payment

Reminder about the upcoming deadline

2023-05-18

Debtor sent a reminder about the upcoming deadline for payment

Business loan terms

About the loan

Amount of funding 108 000 €

Value of collateral 3 321 054 €

LTV 50 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 26 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11 %
Investing from 1 500.00 € - fixed interest 11.25 %
Investing from 3 000.00 € - fixed interest 11.5 %

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 26 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-05-18

Estimated loan repayment date:* 2023-08-04

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.

Debtor

Company title LTD Legemyrane 4 AS

Legemyrane 4 AS Legal Entity, engaged in fishing business activity, reproducing and selling to Baltic states.

The company has an experienced manager who is well acquainted with his work and the specifics of fishing industry its distribution, and has been doing business in this industry for more than 5 years. The company's projected revenues for 2021 more than 4mln Eur with a projected Ebitda more than 0,6mln Eur.

Loan protection collateral

Purpose of a business loan

Financing of this stage requires additional amount of 108 000 EUR (possible further stages of financing, but maximum possible LTV rate will not exceed 50%), which will be allocated to company business growing activities in fishing industry.

Loan collateral

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

Investment risk: C (higher)

LTV: 15% (Maximum possible LTV rate 50%)

Pledged property: 9205 m2 size 5 buildings (unique number 60/36 and 60/425) with 2,27195 hectares 2 land plots (other, territory of industrial and storage facilities, unique number 60/36 and 60/425), address Legemyrane 4, 6076 Moltustranda, Norway.

Value of mortgaged property: 3 321 054 EUR (on the day the project financing is launched)

Interest:

• When investing from 100 Eur - interest 11%

• When investing from 1 500 Eur - interest 11.25%

• When investing from 3 000 Eur - interest 11.5%

Loan term

25 months (with the possibility of repayment earlier, but not earlier than after a period of 4 months).

If the Borrower repays the Loan amount or part thereof earlier than 4 months after the due date of 25 months, it undertakes to pay interest to the Lender for a period of 4 months. After a period of 4 months, the Borrower may repay the loan (together with the applicable interest) without any additional fees.

Company loan repayment period

Estimated start date of the loan: 2021 05 10

Expected repayment date of the loan: 2023 01 01 - 2023 02 01

Strengths and risks

SWOT analysis of the project beneficiary:

Stenghts - First lien on existing real estate - Mortgage.

Weaknesses - Project is evolving, borrowers company is new.

Opportunities - The borrower's expected average annual interest rate payable is 11 - 11.5%.

Threats - Uncertain economic situation.

Documents

#	File name	File type	Actions
1	REvaluation L4AS-2020.12.28-Official Legemyrane 4, 6076 Moltustranda.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 108 000 €

Value of collateral 3 321 054 €

LTV 50 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 26 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11 %
Investing from 1 500.00 € - fixed interest 11.25 %
Investing from 3 000.00 € - fixed interest 11.5 %

Loan term and repayment

Loan period 26 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-05-18

Estimated loan repayment date:* 2023-08-04

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.

Loan protection collateral

Collateral

Real estate pledge

Property type

Mixed real estate

Mortgage rank

First order mortgage

Value of collateral

3 321 054 €

LTV

50%

Purpose of a business 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 assets, future profits or after refinancing the loan.

Investment risk: C (higher)

LTV: 15% (Maximum possible LTV rate 50%)

Value of mortgaged property: 3 321 054 EUR (on the day the project financing is launched)

Interest:

• When investing from 100 Eur - interest 11%

• When investing from 1 500 Eur - interest 11.25%

• When investing from 3 000 Eur - interest 11.5%

Loan term

25 months (with the possibility of repayment earlier, but not earlier than after a period of 4 months).

Company loan repayment period

Estimated start date of the loan: 2021 05 10

Expected repayment date of the loan: 2023 01 01 - 2023 02 01

Project updates

Reminder about the upcoming deadline

2021-06-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-06-19

A reminder of breach of payment was sent to the Debtor

Period paid

2021-06-20

The debtor has paid interest for the period 2021-06-18.

Period paid

2021-07-13

The debtor has paid interest for the period 2021-07-18.

Reminder about the upcoming deadline

2021-08-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-18

The debtor has paid interest for the period 2021-08-18.

Reminder about the upcoming deadline

2021-09-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-09-19

The debtor has paid interest for the period 2021-09-18.

Reminder about the upcoming deadline

2021-10-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-10-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-10-20

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

Period paid

2021-10-25

The debtor has paid interest for the period 2021-10-18. Payment delay days: 7.

Reminder about the upcoming deadline

2021-11-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-11-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-11-22

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

Possible period delay

2021-12-10

The customer promised to pay by 15.12.2021.

Period paid

2021-12-13

The debtor has paid interest for the period 2021-11-18. Payment delay days: 15.

Reminder about the upcoming deadline

2021-12-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-12-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-12-20

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

Notification of breach of payment obligation

2021-12-26

A reminder of breach of payment was sent to the Debtor

Period paid

2022-01-04

The debtor has paid interest for the period 2021-12-18. Payment delay days: 17.

Reminder about the upcoming deadline

2022-01-18

Debtor sent a reminder about the upcoming deadline for payment

Possible period delay

2022-01-19

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

Period paid

2022-01-21

The debtor has paid interest for the period 2022-01-18. Payment delay days: 3.

Reminder about the upcoming deadline

2022-02-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-02-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-02-22

The debtor has paid interest for the period 2022-02-18.

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-18.

Reminder about the upcoming deadline

2022-04-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-04-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-04-20

The debtor has paid interest for the period 2022-04-18.

Period paid

2022-05-06

The debtor has paid interest for the period 2022-05-18.

Period paid

2022-06-17

The debtor has paid interest for the period 2022-06-18.

Reminder about the upcoming deadline

2022-07-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-07-18

The debtor has paid interest for the period 2022-07-18.

Reminder about the upcoming deadline

2022-08-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-08-19

The debtor has paid interest for the period 2022-08-18.

Period paid

2022-09-13

The debtor has paid interest for the period 2022-09-18.

Reminder about the upcoming deadline

2022-10-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-10-19

A reminder of breach of payment was sent to the Debtor

Period paid

2022-10-19

The debtor has paid interest for the period 2022-10-18. Payment delay days: 1.

Reminder about the upcoming deadline

2022-11-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-11-18

The debtor has paid interest for the period 2022-11-18.

Reminder about the upcoming deadline

2022-12-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-12-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-12-22

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

Period paid

2023-01-11

The debtor has paid interest for the period 2022-12-18. Payment delay days: 23.

Reminder about the upcoming deadline

2023-01-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-01-19

A reminder of breach of payment was sent to the Debtor

Possible period delay

2023-01-20

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

Reminder about the upcoming deadline

2023-02-18

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-02-19

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-02-25

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-03-04

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-03-10

Communication with the debtor is in progress. A solution is sought to pay the overdue amount. We would also like to remind you that late interest is charged for each day of delay.

Reminder about the upcoming deadline

2023-03-18

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2023-03-28

The debtor has paid interest for the period 2023-01-18. Payment delay days: 68.

Possible period delay

2023-03-29

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

Notification of breach of payment obligation

2023-04-04

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-04-10

Communication with the debtor is in progress. A solution is sought to pay the overdue amount. We would also like to remind you that late interest is charged for each day of delay.

Reminder about the upcoming deadline

2023-04-18

Debtor sent a reminder about the upcoming deadline for payment

Reminder about the upcoming deadline

2023-05-18

Debtor sent a reminder about the upcoming deadline for payment

Project title	Interest	Until the expected end of the loan	Investment size	Price	Bonus/ discount	Offer valid until
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11.5 %	58 d.	3 000.00 €	2 830.00 €	-5.67 %	2023-06-27	View offer Details
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11 %	58 d.	100.00 €	99.00 €	-1.00 %	2023-06-28	View offer Details
Legemyrane road 4, Moltustranda city, Norway (4 stage)	11 %	58 d.	65.00 €	65.00 €	0.00 %	2023-06-30	View offer Details

Annual interest rate
15%
Investors 40
LTV 0%
Risk group C (higher)
Months 24
Collateral Guarantees / surety

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Legemyrane road 4, Moltustranda city, Norway (4 stage)

About the loan

Investment from 100 €.

Interest

Annual interest rate

Loan term and repayment

NORDSTREET takes the following measures to ensure a safer investment:

About the loan

Investment from 100 €.

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

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Legemyrane road 4, Moltustranda city, Norway (4 stage)

Please register or sign in to access this information.

About the loan

Investment from 100 €.

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 €.

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

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