#7903 Business loan - 8.stage (Lithuania) Funded: 11.10.2022

This loan is operated by Estateguru OÜ and is subject to General Loan Terms. View loan terms

Executive Summary

    • The loan is used to increase the operating capital of the company.
    • The loan will be repaid from the company’s business revenues or by refinancing.
    • The loan is secured with a first rank mortgage.
    • Member of the management board of the borrower will provide a personal surety in the full mortgage amount.
    • Borrower adds a 1% bonus to annual interest for investments of at least €20,000 (combined annual interest 12%).

Loan Terms

Loan Contract Number

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Quick Overview
  • Investment ≥ €20,000 = 1.0% bonus
466 investors, €78,758 raised
  • Status Funded
  • Target €151,500
  • Collateral value €1,250,000
  • LTV 56.65%
  • Projected LTV 62.5%
  • Loan Period 18 months
  • Schedule Type Bullet
  • Mortgage Rank First rank
  • Collateral Type Single-residential house (Residential)
  • Loan Type Business loan
  • Loan Type Sub-Category Increase of an operating capital
  • Location Lithuania

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