Nordstreet guarantees a safe investment - not raising the required amount of funds before the start of the project, all investments will be returned to the investees.
The object of the loan is the preparation of non-residential premises for sale located in Šnipiškės, Vilnius which require financing - for the final (with partial finishing) installation of premises.
The amount of the loan is EUR 183 000 (one hundred and eighty three thousand euros).
Loan term is 12 months.
The annual return on loan investment is 11%.
The total return on the loan investment project is 11%.
Loan pledged assets are premises with a market value of EUR 262,000 (two hundred and sixty-two thousand euros).
LTV (loan-to-value) ratio is 70%.
The loan interest is repaid every month starting from 2019. March.
The loan is repaid before the end of the project by selling the base, the company's income or refinancing the loan.