Viru Halud OÜ (II)
Working capital loan
- Start of investment period08.03.2019
- Start time05.03.2019 10:00
- Asset classWorking capital
- Investment typeOther
- Investment end date19.05.2026
- Remaining term63 months
- Expected rate of return16.02% p.a.
- Expected cash yield%
- No of investors1013
- Goal€235 000
In the framework of this project, Crowdestate offers investors to participate in the second funding round for Viru Halud OÜ. The aim of this project is to receive EUR 235 000 capital from investors, of which 204 000 euros will be spent on raw materials and 32 000 euros on investments.
The loan term is 12 months with the annual interest rate of 15% and the expected rate of return 16.02% per annum. This investment opportunity pays monthly interest and the principal will be paid at the maturity.
This project is secured by the board member's personal guarantee as well as commercial pledges on the company's property in the amount of EUR 370 000.