retail sales

100% Financiado

SUMMARY

CROWDESTOR would like to announce a new and exciting project opportunity for our investors in the retail sales industry. 

INVESTMENT OPPORTUNITY

Current investment opportunity offers CROWDESTOR investors to make a loan with a 19% annual interest rate with a monthly repayment of the principal amount and interest. The funding target is 5597 EUR. 

SECURITY PROVIDED

The loan is secured with a personal guarantee from the company shareholder. 

DEAL STRUCTURE

This is the portfolio of already issued loans by Monify, which are ceded to CROWDESTOR SPV “CR-12”. 

These selected customers were scored by Monify, and since the loan disbursement had been paying in accordance with payment graphs. 

Legally, ceding means that from this deal, all claim rights will be transferred from Monify to CROWDESTOR SPV, and all interest and principal will be paid by the borrower to the CROWDESTOR SPV. 

Monify will use the funding to settle its payments with creditors.

LOAN

Target: EUR 5597,00 

Loan term: 7 months

Interest rate: 19 % per annum

Interest payments: paid monthly from the first month

Loan repayment: repaid monthly

Collateral: Personal guarantee from a company shareholder

About the Borrower

COMPANY DESCRIPTION

Eurotek OÜ was established in 2003 and is operating in the field of retail sales in the non-specialized stores. This is an Estonian company with more than 16 years of experience in the industry and a team of 4 determined specialists. The company has shown a continuously stable turnover, providing the contingency to take their business to the next level.