Funded
  • Deadline
    25.03.2019
  • Start of investment period
    19.03.2019
  • Start time
    18.03.2019 10:00
  • Asset class
    Working capital
  • Investment type
    Other
  • Investment end date
    31.12.2026
  • Remaining term
    78 months
  • Expected rate of return
    16.03% p.a.
  • Expected cash yield
    %
  • No of investors
    1332
  • Goal
    €620 000

Executive summary

Baltic Forest (VIII) has the maximum funding goal of EUR 620 000, with a minimum investment amount of EUR 250 000. Majority of the raised capital will be used to refinance the current EUR 500,000 Crowdestate loan maturing on March 31, 2019, and the remaining funds will be allocated to increase the company's 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) 16.03% 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.


Crowdestate

Site is down for maintenance, please check back in 15 minutes