General Information

  • IRR%: 16.08
  • CoC%: -
  • Minimum: 100 EUR
  • Type: Secured debt
  • Asset: Investment
  • Investors: 1.04k
  • Start Date: 2019-01-18
  • End Date: 2019-10-31
  • Target: 1.3m EUR
  • Completed: 100%

Additional Information

  • Estonia

The purpose of this project is to finance the installation and commissioning of a sawmill material line for the Sponsor, Baltic Forest OÜ, Paikuse sawmill. This investment will enable the plant (already in operation today) to operate even more efficiently and increase production volumes up to 2 times.

Crowdstate investors have previously participated in five financing rounds and have made investments of EUR 3 596 600 in total.

The issued loan is secured by a joint mortgage on the company's property and with owner's personal guarantee in the loan amount. It is a so-called bullet loan, investors will receive monthly investment payments and the principal is repaid at the end of the loan period as a one-time payment.

The loan interest rate is 15% per annum and the expected rate of return (IRR) is 16.08% on an annual basis.

Project offered by

Crowdestate

Real estate crowdfunding marketplace, with a historical yield of 21.88%. No fees. Minimum investment 100€. Sign up and invest: https://crowdestate.eu/home

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