Loan

Financing requires € 275,000 to be used for buses that you invest in future capital.

Loan collateral

The first order of the existing real estate mortgage - "Mortgage".

"Loan" bus repayment loans from companies are developing asset sales, current and future profit or refinancing loans.

Investment risk: A (low)

LTV: 52% (19% Stage 1)

Pledged property: 22 203.43 m2 non-residential administrative and production premises, Pramonės str. 8, Panevezys.

Value of the pledged property: € 1,429,000

Interest:

Investing from 100 € - 12% interest

Investing from € 5,000 - 12,5% interest

Investing from € 10,000 - 13% interest

Investing from € 30,000 - Interest 13.5%

The interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Borrower's Paysera account or to such other account (or accounts) as notified by the Borrower to the Operator in writing prior to the disbursement of the Loan Amount.

Loan term

21 months (with the option of early repayment, but not earlier than 6 months).

If the Borrower repays the Loan Amount less than 6 months after the due date of 21 months, the Borrower undertakes to offer the loan at a higher interest rate for 6 months. After 6 months, there may be higher fees to pay back the loan to the Borrower.

Company loan repayment period

Expected loan start date: 2020 04 16

Plan for Loan Repayment Date: 2021 01 01 - 2021 12 31

By investing in the project, the financiers acquire claim rights. It is not possible to transfer these acquired claim rights to other persons.