Status
100%
financed
Share
Funding data (22 March 2018)
Raised
EUR
500,000.00
Min. Goal
EUR
500,000.00
Min. investment
EUR
100.00
Details
Country
Estonia
Type
N/ASecured debt
End date
22 March 2018
(3139 days)
Total yield
16.20%
Annual yield
16.20%
Duration/Maturity
12 months
investors
475
Description
“The Sponsor, Baltic Forest OÜ, requires working capital in the amount of 500 000 eur to start a sawing industry in Paikuse. The investment term is 12 months with an interest rate of 15% per annum (expected IRR 16. 2%). The Sponsor will make a single bullet payment at the end of the loan term. The loan is secured by the Sponsor (personal guarantee in the amount of the loan).”