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Butas Kestucio G2-13

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100 %
  • Status funded
  • Goal 26,400 EUR (€)
  • Raised 26,400 EUR (€)
  • Investors 55
  • Interest rate 10.5%
  • Credit Duration 12 month

Introducing the new financing project “Butas Kestucio G2-13”. The project owner will use the funds raised as a working capital for the company. The amount to be raised is EUR 26 400.

Objective of the project:
The project funds will be used for working capital for the purchase and sale of used cars. The owner of the project usually buys cars from Western Europe at an average price of EUR 10 000 and sells them for EUR 12 000.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of the investors, an apartment with an area of 53.17 square metres are pledged at Kestucio Street 2-13, Vilkaviskis. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 49 000. In addition, the company manager Aleksandras Bobusis provides a guarantee for this loan.

Interest by investment amount:
– From EUR 100 to EUR 499 – 10.5%
– From EUR 500 to EUR 999 – 11%
– From EUR 1 000 to EUR 2 999 – 11.5%
– From EUR 3 000 – 12%
Important: investments made separately are not aggregated.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

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