Global Nord Timber (V)

Einzelheiten

Land

Estland

Typologie

N.v.Secured debt

Endtermin

18/02/2019 (2223 Tage)

Zinssatz

16.01%

Zinssatz p.a.

16.01%

Laufzeit

12 Monate

Investoren

1311

“Within the framework of this project, the Crowdstate is offering investors the opportunity to participate in another (fifth) global Nord Timber OÜ working capital financing.  This project aims to attract EUR 800 000 from investors, of which EUR 300 000 will be channeled to finance planned growth, and EUR 500 000 will be used to refinance outstanding Crowdestate investor loans (currently 2 loans). The loan term is 12 months, the interest rate is 15. 0% per annum and the estimated return on investment (IRR) to the investor at 16. 01% on an annual basis. To protect the interests of investors, the loan is secured by a personal guarantee issued by the member of the management board along with the restrictions imposed by the Crowdstate Collateral Agency OÜ ("Tagatisagent") on the use of received funds”