• Experienced developer: The project owner has been active in the real estate development sector since 2008 and has extensive experience, having completed projects with a total developed area of approximately 3000 m².
• Secured sales: All houses under construction on Mažosios Lietuvos st. already have signed preliminary sale–purchase agreements and paid advances.
• Liquid location: The pledged assets are located in the city of Šiauliai – both the developed project at Mažosios Lietuvos / Nadruvos st. and the additional land plot complex at Jotvingių / Žiemgalių g. The properties are situated in residential areas with developed infrastructure and asphalt access, close to the city center (~4 km), ensuring demand for individual houses and increasing asset liquidity.

Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 9.20%
– From 350 EUR to 749 EUR – 9.40%
– From 750 EUR to 2 499 EUR – 9.70%
– From 2 500 EUR to 7 499 EUR – 10.00%
– From 7 500 EUR to 24 999 EUR – 10.30%
– From 25 000 EUR – 10.70%
Important: individual investments are not aggregated and cannot be combined.

About the Project:
The project owner is developing a residential housing project in Šiauliai, at Mažosios Lietuvos st. / Nadruvos st. The project includes 7 houses, of which 4 have already been sold and the remaining 3 are reserved by buyers, with signed preliminary sale–purchase agreements and paid advances. The houses being built are A++ energy class, approximately 144–149 m² in size.

At this stage, the raised funds will be used to refinance the existing loan and complete the project, allowing the developer to fully develop and sell the remaining houses. Construction works have already commenced in the project.

The planned loan term is 8 months, aimed at full project completion and closing of transactions.

As collateral, the developed assets – land plots with houses under construction at Mažosios Lietuvos g. / Nadruvos g. – are pledged. Additionally, another land plot complex owned by the client at Jotvingių / Žiemgalių g. is pledged, which will be developed in the future.

The project is developed in stages – after completing and selling the houses in this quarter, the client plans to proceed with the development of the next quarter. The project is implemented in a growing residential area of Šiauliai, where new housing developments are forming. The expected sales revenue of the developed assets is 539,917 EUR.

Loan information:
Loan repayment is planned from sales proceeds after signing final notarial agreements with the already reserved buyers. Interest will be paid from the company’s working capital.

The maximum planned project financing amount is 400 000 EUR. The amount may be raised in stages. The project is financed based on the current valuation of the pledged assets until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new asset valuation must be carried out, and further financing stages will be announced and executed only if the established maximum LTV is not exceeded. The target amount is planned to be raised within 7 days, with the possibility to extend up to 30 days if the funds are not collected.