Exited
  • Deadline
    10.11.2017
  • Start of investment period
    06.11.2017
  • Start time
    03.11.2017 13:30
  • Asset class
    Working capital
  • Investment type
    Other
  • Investment end date
    05.06.2018
  • Remaining term
    Overdue 90+ days
  • Expected rate of return
    15% p.a.
  • Expected cash yield
    %
  • No of investors
    363
  • Goal
    €300 000

Executive summary

Crowdestate crowdfunding platform presents investors an opportunity to invest into a short term working capital loan with an attractive interest rate.

The Sponsor, Global Nord Timber OÜ requires additional working capital to fund the purchase of materials from their suppliers.

The investment term is 7 months with an interest rate of 15% per annum (expected IRR 16.2%).

The member of the board offers their personal guarantee as a surety and Crowdestate Collateral Agent OÜ („Collateral Agent“) has set specific limitations for the use of the funds.

Crowdestate

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