We are supervised by
Vilniaus str. 38B, Putiniškės, Vilnius district, Lithuania (refinancing)
Amount of funding
190 000 €
LTV
54%
Annual interest rate
13.00% - 14.00%
Total expected project return
6.49% - 7.00%
Loan period
6 mo.
Risk
C (higher)
Purpose of the loan
Refinancing
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
0
Raised:
0 € Goal:
190 000 €
0 € Goal:
190 000 €
0.00%
How much will I earn if I invest:
Investment size
100.00 €
190 000.00 €
13%
13.5%
13.7%
14%
With this project in one month I will earn
€
After 12 months I will earn
€
* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Vertinimas.pdf |
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About the loan
Purpose of the loan
Investment loan
Amount of funding
190 000 €
LTV
54 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
6 mo.
Minimum loan period
3 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
The financing need is an amount of € 190,000, which will be used to refinance existing loan on the Nordstreet platform.
This decision will give the borrower time to obtain better financing or sales conditions, fulfill existing obligations and complete preparatory works. 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 13 %
- Investing from 5 000.00 € - fixed interest 13.5 %
- Investing from 15 000.00 € - fixed interest 13.7 %
- Investing from 25 000.00 € - fixed interest 14 %
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
6 mo.
Minimum loan period
3 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2022-01-15
Estimated loan repayment date:*
2022-07-15
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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Annual interest rate
16% - 16%
- Investors 43
- LTV 0%
- Risk group B (medium)
- Months 24
- Collateral Guarantees / surety
Lithuania
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.
Business loan #00337 (2 stage)
Raised:
12 000 € Goal:
12 000 €
12 000 € Goal:
12 000 €
100%
Need a Business Development Loan?
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Why apply to Nordstreet for a business loan?
- Advertising and comfortable returns
- Speed and your choice when to return the loan
- Competence and simplicity
Success
Warning
- Invest from 50.00 €
- Average return 12.72%
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