Projects list

Legemyrane road 4, Moltustranda city, Norway (5 stage)

Processing

Amount of funding 100 000 €

Value of collateral 3 232 211 €

LTV 50%

Annual interest rate 11% - 12.25%

Total expected project return 22.91% - 25.52%

Loan period

25 mo.

Risk

C (higher)

Purpose of the loan

Business loan

Collateral Real estate pledge

Country

Norway

Investors 143

Raised:
100 000 € Goal:
100 000 €

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 (5 stage)	11.25 %	58 d.	1 300.00 €	1 230.00 €	-5.38 %	2023-06-13	View offer Details
Legemyrane road 4, Moltustranda city, Norway (5 stage)	11 %	58 d.	500.00 €	500.00 €	0.00 %	2023-06-19	View offer Details

Project updates

Period paid

2021-07-13

The debtor has paid interest for the period 2021-07-15.

Reminder about the upcoming deadline

2021-08-15

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-15

The debtor has paid interest for the period 2021-08-15.

Period paid

2021-09-14

The debtor has paid interest for the period 2021-09-15.

Period paid

2021-10-14

The debtor has paid interest for the period 2021-10-15.

Reminder about the upcoming deadline

2021-11-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-11-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-11-17

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 2021-11-15. Payment delay days: 18.

Reminder about the upcoming deadline

2021-12-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-12-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-12-17

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

Period paid

2022-01-04

The debtor has paid interest for the period 2021-12-15. Payment delay days: 20.

Reminder about the upcoming deadline

2022-01-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-01-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-01-17

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 2022-01-15. Payment delay days: 6.

Reminder about the upcoming deadline

2022-02-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-02-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-02-21

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

Period paid

2022-03-10

The debtor has paid interest for the period 2022-02-15. Payment delay days: 23.

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-15.

Period paid

2022-04-04

The debtor has paid interest for the period 2022-04-15.

Period paid

2022-05-06

The debtor has paid interest for the period 2022-05-15.

Period paid

2022-06-14

The debtor has paid interest for the period 2022-06-15.

Period paid

2022-07-05

The debtor has paid interest for the period 2022-07-15.

Period paid

2022-08-02

The debtor has paid interest for the period 2022-08-15.

Period paid

2022-09-13

The debtor has paid interest for the period 2022-09-15.

Period paid

2022-10-04

The debtor has paid interest for the period 2022-10-15.

Reminder about the upcoming deadline

2022-11-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-11-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-11-18

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

Period paid

2022-11-25

The debtor has paid interest for the period 2022-11-15. Payment delay days: 10.

Reminder about the upcoming deadline

2022-12-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-12-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-12-19

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 2022-12-15. Payment delay days: 26.

Reminder about the upcoming deadline

2023-01-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-01-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2023-01-18

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

Reminder about the upcoming deadline

2023-02-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-02-16

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-02-22

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-03-01

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-03-07

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

2023-03-15

Debtor sent a reminder about the upcoming deadline for payment

Reminder about the upcoming deadline

2023-04-15

Debtor sent a reminder about the upcoming deadline for payment

Infromation update

2023-04-17

The representatives of the borrower have been informed that the contract will be terminated in the near future, so we are waiting for a detailed explanation of the reasons for the delay and an indication of when the late payments will be made.

Period paid

2023-05-12

The debtor has paid interest for the period 2023-01-15. Payment delay days: 93.

Possible period delay

2023-05-15

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

Reminder about the upcoming deadline

2023-05-15

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2023-05-15

The debtor has paid interest for the period 2023-02-15. Payment delay days: 62.

Information update

2023-05-15

Please be informed that we are in contact with the shareholders of the borrower regarding the situation of late payments. Negotiations are currently underway between the two 50% controlling shareholders for the transfer of the shareholding into one hand. Decisions on who will become the 100% shareholder will be taken in the near future. One of the shareholders has covered the company's outstanding loan instalments until March. The shareholders promise that regardless of who acquires the shares in the company, the remaining arrears will be settled within 2-3 weeks. Thank you for being with Nordstreet.

Possible period delay

2023-05-19

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

Business loan terms

About the loan

Amount of funding 100 000 €

Value of collateral 3 232 211 €

LTV 50 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 25 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 %
Investing from 5 000.00 € - fixed interest 11.75 %
Investing from 10 000.00 € - fixed interest 12 %
Investing from 20 000.00 € - fixed interest 12.25 %

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 25 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-06-15

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 Legemyrane 4 AS

Company code 925 669 180

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

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: 3 232 211 EUR (on the day the project financing is launched)

Mortgage of the first line of existing real estate - Mortgage.

Strengths and risks

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 100 000 €

Value of collateral 3 232 211 €

LTV 50 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 25 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 %
Investing from 5 000.00 € - fixed interest 11.75 %
Investing from 10 000.00 € - fixed interest 12 %
Investing from 20 000.00 € - fixed interest 12.25 %

Loan term and repayment

Loan period 25 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-06-15

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.

Project updates

Period paid

2021-07-13

The debtor has paid interest for the period 2021-07-15.

Reminder about the upcoming deadline

2021-08-15

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-08-15

The debtor has paid interest for the period 2021-08-15.

Period paid

2021-09-14

The debtor has paid interest for the period 2021-09-15.

Period paid

2021-10-14

The debtor has paid interest for the period 2021-10-15.

Reminder about the upcoming deadline

2021-11-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-11-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-11-17

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 2021-11-15. Payment delay days: 18.

Reminder about the upcoming deadline

2021-12-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2021-12-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2021-12-17

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

Period paid

2022-01-04

The debtor has paid interest for the period 2021-12-15. Payment delay days: 20.

Reminder about the upcoming deadline

2022-01-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-01-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-01-17

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 2022-01-15. Payment delay days: 6.

Reminder about the upcoming deadline

2022-02-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-02-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-02-21

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

Period paid

2022-03-10

The debtor has paid interest for the period 2022-02-15. Payment delay days: 23.

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-15.

Period paid

2022-04-04

The debtor has paid interest for the period 2022-04-15.

Period paid

2022-05-06

The debtor has paid interest for the period 2022-05-15.

Period paid

2022-06-14

The debtor has paid interest for the period 2022-06-15.

Period paid

2022-07-05

The debtor has paid interest for the period 2022-07-15.

Period paid

2022-08-02

The debtor has paid interest for the period 2022-08-15.

Period paid

2022-09-13

The debtor has paid interest for the period 2022-09-15.

Period paid

2022-10-04

The debtor has paid interest for the period 2022-10-15.

Reminder about the upcoming deadline

2022-11-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-11-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-11-18

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

Period paid

2022-11-25

The debtor has paid interest for the period 2022-11-15. Payment delay days: 10.

Reminder about the upcoming deadline

2022-12-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2022-12-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2022-12-19

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 2022-12-15. Payment delay days: 26.

Reminder about the upcoming deadline

2023-01-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-01-16

A reminder of breach of payment was sent to the Debtor

Possible period delay

2023-01-18

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

Reminder about the upcoming deadline

2023-02-15

Debtor sent a reminder about the upcoming deadline for payment

Notification of breach of payment obligation

2023-02-16

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-02-22

A reminder of breach of payment was sent to the Debtor

Notification of breach of payment obligation

2023-03-01

A reminder of breach of payment was sent to the Debtor

Update of information on loan delays

2023-03-07

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

2023-03-15

Debtor sent a reminder about the upcoming deadline for payment

Reminder about the upcoming deadline

2023-04-15

Debtor sent a reminder about the upcoming deadline for payment

Infromation update

2023-04-17

Period paid

2023-05-12

The debtor has paid interest for the period 2023-01-15. Payment delay days: 93.

Possible period delay

2023-05-15

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

Reminder about the upcoming deadline

2023-05-15

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2023-05-15

The debtor has paid interest for the period 2023-02-15. Payment delay days: 62.

Information update

2023-05-15

Possible period delay

2023-05-19

The debtor has informed you of the possible delay in interest 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 (5 stage)	11.25 %	58 d.	1 300.00 €	1 230.00 €	-5.38 %	2023-06-27	View offer Details
Legemyrane road 4, Moltustranda city, Norway (5 stage)	11 %	58 d.	500.00 €	500.00 €	0.00 %	2023-07-03	View offer Details

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

Details Invest

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Legemyrane road 4, Moltustranda city, Norway (5 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 (5 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

Secondary market

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