Global Nord Timber OÜ

Details

Country

Estonia

Type

N/AUnsecured debt

End date

10 November 2017 (2522 days)

Total yield

8.75%

Annual yield

15.00%

Duration/Maturity

7 months

investors

363

“Crowdestate crowdfunding platform presents investors an opportunity to invest into a short term working capital loan with an attractive interest rate. The Sponsor, Global Nord Timber OÜ requires additional working capital to fund the purchase of materials from their suppliers. The investment term is 7 months with an interest rate of 15% per annum (expected IRR 16. 2%). The member of the board offers their personal guarantee as a surety and Crowdestate Collateral Agent OÜ („Collateral Agent“) has set specific limitations for the use of the funds.”