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Business loan #00236
Amount of funding
4 500 €
Annual interest rate
8.00% - 9.00%
Total expected project return
16.00% - 18.00%
Loan period
24 mo.
Risk
C (higher)
Purpose of the loan
Business loan
Collateral
Guarantees / surety
Country
Lithuania
Lithuania
Investors
30
Raised:
4 500 € Goal:
4 500 €
4 500 € Goal:
4 500 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | 2022 08 19 FA Nordstreet.pdf |
|
|
About the loan
Purpose of the loan
To increase the company's working capital
Amount of funding
4 500 €
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
24 mo.
Minimum loan period
6 mo.
Collateral
Guarantees / surety
Mortgage rank
Other pledge
LTD Nordstreet carries out continuous development, improves the administered platform and carries out expansion to neighboring countries like Latvia, Estonia and Spain. The received funds will allow to implement the planned development projects, open new investment opportunities for investors.
Investment from 100.00 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 8 %
- Investing from 1 000.00 € - fixed interest 8.25 %
- Investing from 3 000.00 € - fixed interest 8.5 %
- Investing from 5 000.00 € - fixed interest 8.75 %
- Investing from 8 000.00 € - 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
24 mo.
Minimum loan period
6 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2022-10-15
Estimated loan repayment date:*
2024-10-15
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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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 12.71%
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