We are supervised by
Sodų st. 3, Linininkų st. 20, Upytės vil., Panevėžio d., Lithuania
Amount of funding
46 000 €
LTV
50%
Annual interest rate
12.50% - 13.50%
Total expected project return
12.50% - 13.50%
Loan period
12 mo.
Risk
B (medium)
Purpose of the loan
Business loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
119
Raised:
46 000 € Goal:
46 000 €
46 000 € Goal:
46 000 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Nuostatai Upyna.pdf |
|
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| 2 | Vertinimo ataskaita.pdf |
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| 3 | PIID.pdf |
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About the loan
Purpose of the loan
To increase the company's working capital
Amount of funding
46 000 €
LTV
50 %
Risk
B (medium)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
12 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
46 000.00 €
Purpose of the loan
Funding requires an amount of EUR 46,000, which is collected in one stage. The loan funds will be used for real estate located on Sodų st. 3, Linininkų st. 20, Upytės village, Panevėžys district, Lithuania, for repair. The loan will be repaid by refinancing it in another financial institution or from the company's rental and real estate sale proceeds. The amount that the project owner allocates to the project himself is EUR 46,000.
About the project
The project consists of eight property units, i.e. two plots of land, a residential house, a garage, a utility room and three outbuildings, the address of which is Panevėžys district, Upytė mun., Upytė village, Sodų st. 3, Linininkų st. 20, and which form a complete whole.
Description of the structures of the residential house (190.72 sq. m.): foundations - reinforced concrete, walls - wooden - panel, frame, facade - masonry, ceilings - reinforced concrete, wooden, roof structure - pitched, wood, insulated, roof covering - metal coverings. Finishing: walls plastered, painted, ceiling - plasterboard, plastered, painted, floor laminate, stone mass tiles, linoleum, wooden, doors: external - wooden, internal - wooden, windows plastic with glass units.
Engineering equipment: local heating, solid fuel boiler and air-air system; water supply from a local well, sewerage - treatment facilities, ventilation - automatic.
More about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 12.5 %
- Investing from 1 000.00 € - fixed interest 12.75 %
- Investing from 3 000.00 € - fixed interest 13 %
- Investing from 5 000.00 € - fixed interest 13.25 %
- Investing from 7 000.00 € - fixed interest 13.5 %
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
12 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-09-18
Estimated loan repayment date:*
2025-09-16
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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