Minimum investment:
N/A
Advertised return:
13,5%
Investors:
N/A
Payment options:
Bank transfer
Total funding volume:
N/A
Average loan duration:
42 months
What does Millea offer ?
Offer for Investors:
- Registered, identity-verified users can buy full or partial claim rights from loans issued by the originator, SIA Millea, to project companies. Investor funds and repayments move through the platform.
- Projects listed so far are individual SPAR neighbourhood stores in Latvia (for example SPAR Malpils 2A and SPAR Brivibas 369). Interest is 13–14% p.a. and project maturities run from 2 to 5 years.
- Interest accrues daily. Two compounding modes exist: Fix (interest is capitalised automatically and cannot be switched off) and Flex (compounding is on by default and can be switched off at any time after the first investment).
- Early repayment requests open from a date set for each project, subject to project terms and available liquidity.
- For selected projects the Originator has a buyback obligation, with trigger and price stated in the Assignment Agreement.
- Claims can be secured or unsecured; collateral, if any, is stated per claim.
- A dashboard shows portfolio balance, repayment schedule and transaction history.
Offer for Fundraisers:
- Loans finance new store openings, renovations, equipment purchases and other expansion of retail and commercial real estate projects.
- The Originator (SIA Millea) assesses the business, project economics and repayment capacity before issuing the loan and listing the related claim. The financing is used for the agreed development purpose.
- Claims against consumers or natural-person borrowers are not offered.
Who can invest on Millea ?
Individuals must be 18+ with full legal capacity; legal entities can also register. Participation is open to a limited number of registered users.
Registration requires identity verification, AML/sanctions checks, and proof of source of funds.
Residents or entities from the Prohibited Countries cannot register. These include Estonia, Latvia, the USA, Canada, Nigeria, among others.
Offers are made only to eligible registered users on request. Access can be limited by country, KYC result, or other criteria.
Profile strength:
Intermediate
Would you invest via Millea?
What is the target industry of the Millea crowdfunding website?
Millea offers to invest in various crowdfunding opportunities from the Real estate, SME sector.
What is the minimum amount needed to invest at Millea crowdfunding platform?
At Millea, you can start investing with {min_investment}.
What types of investment does the Millea crowdfunding platform provide?
The investment models Millea operates is Debt.
