Projects list

Žygimantų str. 11, Senamiesčio eldership, Vilnius

Waiting for investments

Amount of funding 82 500 €

LTV 69%

Annual interest rate 9.00%

Total expected project return 27.00%

Loan period

36 mo.

Risk

C (higher)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Lithuania

Investors 1

Raised:
82 500 € Goal:
82 500 €

100.00%

Business loan terms

About the loan

Amount of funding 82 500 €

LTV 69 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 36 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 9 %

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 36 mo.

Minimum loan period 0 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2018-11-30

Estimated loan repayment date:* 2021-11-30

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

Debtor

Company registration address

The project developer - UAB „Atari solutions“ develops and deals with real estate projects. In the same building Campany manages the boutique style hotel „The Joseph“. The Joseph is a modern design hotel on the historic Vilnius riverfront with 7 unique rooms and allowing its customers to enjoy unforgettable impressions.

Loan protection collateral

Value of the existing real estate (premises): 114 800 Eur

The price of the redemption and partial installation of buildings: EUR 82,500

Loan maturity: 36 months (with early repayment date)

Interest 9%

Loan to value ratio: 69%

Loan collateral

Pledge of the first installment of real estate - Mortgage.

The value of the property is 114 800 EUR

The loan will be additionally guaranteed by the company director and shareholder, a natural person.

Project installation period

Project start: 2018 11 20

Project preparation and process progress: 2018 11 25 - 2020 05 25 (18 months)

Starting the project: 2020 03 25

Expected completion of the project: 2021 05 25

Strengths and risks

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 82 500 €

LTV 69 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 36 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 9 %

Loan term and repayment

Loan period 36 mo.

Minimum loan period 0 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2018-11-30

Estimated loan repayment date:* 2021-11-30

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

Latest loans

With Nordstreet everyone can become an investor! Register now and start investing!

Waiting for investments

Sergiškių st. 24 and 24A, Palanga, Lithuania (1 stage)

Raised:
14 520 € Goal:
150 000 €

9.68%

Annual interest rate
12% - 13.5%
Investors 66
LTV 65%
Risk group B (medium)
Months 12
Collateral Real estate pledge

Details Invest

Waiting for investments

Ukmergės g. 326, Vilnius, Lietuva (4 stage)

Raised:
31 549 € Goal:
100 000 €

31.54%

Annual interest rate
12% - 13%
Investors 102
LTV 60%
Risk group B (medium)
Months 1
Collateral Real estate pledge

Details Invest

Waiting for investments

Palionių str. 27, Vilnius, Lithuania (2 stage)

Raised:
5 710 € Goal:
30 000 €

19.03%

Annual interest rate
15% - 16%
Investors 28
LTV 66%
Risk group C (higher)
Months 23
Collateral Real estate pledge

Details Invest

Waiting for investments

Vėjo st. 143 and 145, Klaipėda, Lithuania (4 stage)

Raised:
48 988 € Goal:
150 000 €

32.65%

Annual interest rate
11% - 12.5%
Investors 165
LTV 60%
Risk group A (low)
Months 4
Collateral Real estate pledge

Details Invest

Waiting for investments

Business loan #00309

Raised:
17 101 € Goal:
25 000 €

68.4%

Annual interest rate
12%
Investors 89
LTV 0%
Risk group A (low)
Months 24
Collateral Guarantees / surety

Details Invest

Waiting for investments

Business loan #00308

Raised:
10 139 € Goal:
15 000 €

67.59%

Annual interest rate
14.5%
Investors 54
LTV 0%
Risk group B (medium)
Months 24
Collateral Guarantees / surety

Details Invest

All projects

Need a Business Development Loan?

Grow your business faster! Getting a business loan secured through mortgage is much easier and faster with Nordstreet.

Why apply to Nordstreet for a business loan?

Advertising and comfortable returns
Speed and your choice when to return the loan
Competence and simplicity

Learn more

Žygimantų str. 11, Senamiesčio eldership, Vilnius

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

Secondary market

Latest loans

Sergiškių st. 24 and 24A, Palanga, Lithuania (1 stage)

Ukmergės g. 326, Vilnius, Lietuva (4 stage)

Palionių str. 27, Vilnius, Lithuania (2 stage)

Vėjo st. 143 and 145, Klaipėda, Lithuania (4 stage)

Business loan #00309

Business loan #00308

Need a Business Development Loan?

News

Join the Nordstreet investor community!

Žygimantų str. 11, Senamiesčio eldership, Vilnius

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

Latest loans

Sergiškių st. 24 and 24A, Palanga, Lithuania (1 stage)

Ukmergės g. 326, Vilnius, Lietuva (4 stage)

Palionių str. 27, Vilnius, Lithuania (2 stage)

Vėjo st. 143 and 145, Klaipėda, Lithuania (4 stage)

Business loan #00309

Business loan #00308

Need a Business Development Loan?

News

Join the Nordstreet investor community!