|Project rating||Originator rating|
The risk scoring provided for this project has been assessed by the originator. The risk scoring is of informative nature only & can not be considered investment advice.
Purpose of the loan - To increase the company's working capital
Amount of funding 100 000 €
Value of collateral 3 168 312 €
LTV 50 %
Risk C (higher)
Payment of interest Every month
Loan repayment At the end of the loan period
Loan period 23 mo.
Minimum loan period 4 mo.
Real estate pledge
Guarantees / surety
Mortgage rank First order mortgage
The object of the loan is a real estate fishing complex owned by the company, which is used for the company's business activities in the fishing industry. All financing can be financed in stages, depending on the borrower's need, but not more than 50% of the LTV indicator.
Company title Legemyrane 4 AS
Company code 925 669 180
Company website https://www.youtube.com/watch?v=PUEtZN-9BWI
Legemyrane 4 AS is a legal entity engaged in the fishing business, processing and sale to the Baltic States.
The company has an experienced manager who is well versed in his work and the fishing industry, the specifics of its distribution and has been doing business in this industry for more than 5 years. The projected revenue of the company in 2021 is more than 4 million EUR, and the projected Ebitda to be more than EUR 0.6 million.
Collateral Real estate pledge
Guarantees / surety
Property type Mixed real estate
To meet the financing needs, the borrower pledges real estate located at Legemyrane Road 4, Moltustrand, Norway.
The city of Moltustranda may not be as popular a tourist destination as other Norwegian cities, but this place is no less beautiful than other popular cities in Norway. It has some unique things to see and places worth visiting for people.
- 5 buildings with a total area of 9205 m2;
- 2 plots of land (other, industrial) with a total area of 2.27195 hectares;