Baltic Forest OÜ (X)
12-month working capital loan
- Beginn der Anlageperiode29.07.2019
- Startzeit18.07.2019 10:15
- Enddatum der Investition31.12.2026
- Anlagehorizont links45 Monate
- Erwartete Rendite16.03% p.a
- Erwartete Barrendite%
- Anzahl der Investoren1652
- Ziel€1 486 600
Within the framework of this project, Crowdestate offers investors the opportunity to take part in the ninth funding round for Baltic Forest OÜ (the first funding round has successfully exited). The project aims to raise up to EUR 500 000 (including a minimum of EUR 300 000) to finance working capital.
This 12-month loan pays monthly interest at the rate of 15% per annum with the loan principal returned at the end of the period, investment's internal rate of return (IRR) 16.02% per annum.
The issued loan is secured by a joint mortgage on the company's property and with the owners' personal guarantees in the full loan amount.
Due to the significant interest of Crowdestate investors in the Baltic Forest OÜ (X) project, the Sponsor proposes to investors to increase the maximum amount of loan in this financing round to EUR 1 486 600, of which the current loan amount of EUR 836 600 will be used to refinance the loan with a 31.07.2019 due date. And the EUR 650 000 will be used to refinance the loan with a 31.08.2019 due date. The total investment volume of Crowdestate will increase by EUR 650 000.