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Business loan #00377 (1 stage)
Amount of funding
10 000 €
Annual interest rate
16.00%
Loan period
24 mo.
Risk
C (higher)
Purpose of the loan
Business loan
Collateral
Guarantees / surety
Country
Lithuania
Lithuania
Investors
28
Raised:
10 000 € Goal:
10 000 €
10 000 € Goal:
10 000 €
100.00%
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About the loan
Purpose of the loan
To increase the company's working capital
Amount of funding
10 000 €
Risk
C (higher)
Payment of interest
Every month
Loan repayment
Every month
Loan period
24 mo.
Minimum loan period
6 mo.
Collateral
Guarantees / surety
Mortgage rank
Other pledge
The loan funds will be used to strengthen the stability of working capital. For this reason, the amount of allocation of the project owner's own funds is not relevant.
Funding is required for an amount of EUR 50 000, which will be raised in stages.
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 16 %
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
Every month
Estimated start date of the loan:*
2025-09-28
Estimated loan repayment date:*
2027-09-28
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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