Industrial machinery equipment

100% Financiado

SUMMARY

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

INVESTMENT OPPORTUNITY

Current investment opportunity offers CROWDESTOR investors to make a loan with a 17% annual interest rate with a monthly repayment of the principal amount and the interest. The funding target is 18182 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 18182,00 

Loan term: 6 months

Interest rate: 17 % 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

SIA Milli was established in 2010 and is operating in the field of wholesale of other machinery and equipment. The company provides machinery for the Latvian drink and beverage industry with various types of equipment. SIA Milli internet shop is focused on small winemakers, but they also work with medium size juice producers and larger winemakers. Their annual profit is firmly increasing, and the company is eager to grow and establish its business further on. 

 Find out more about the company here: https://www.dzerienuserviss.lv/