H.M. Seafood OÜ
Working capital
Defaulted
- Deadline19.04.2019
- Start of investment period12.04.2019
- Start time11.04.2019 09:00
- Asset classWorking capital
- Investment typeOther
- Investment end date30.04.2020
- Remaining termOverdue 90+ days
- Expected rate of return15.45% p.a.
- Expected cash yield%
- No of investors1048
- Goal€250 000
Executive summary
The purpose of this project is to finance the project Sponsor H.M. Seafood OÜ working capital and investments to increase business volumes in the amount of 250 000 eur.
The loan is issued for a 12-month period, secured by the owner's personal guarantee and a 2nd rank commercial pledge of the company's movable property.
This investment opportunity offers monthly interest and principal payments.
The interest rate on the loan is 14.5% per annum and the expected return on is 15.45% on an annual basis.