General Information

  • IRR%: 16.08
  • CoC%: -
  • Minimum: 100 EUR
  • Type: Secured debt
  • Asset: Working capital
  • Investors: 792
  • Start Date: 2019-01-18
  • End Date: 2019-07-31
  • Target: 300k EUR
  • Completed: 100%

Additional Information

  • Estonia

The purpose of this project is to finance the Sponsor, USL INVEST OÜ by a 12-month working capital loan in the amount of 300,000 EUR to increase the business volume.

The issued loan is secured by a commercial pledge to company's movable property (the amount of the commercial pledge exceeds the loan and interest amount 1.30 times) and with personal guarantees of the owners of the company to the extent of the loan. 

It is a so-called "bullet-loan" where the interest with an additional principal will be paid throughout the period. However, a substantial part of the principal (75%) is paid at the end of the loan period as a one-time payment. 

The loan interest rate is 15.0% per annum and the expected return on investment (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

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