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„Vejo namai“ refinancing

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100 %
  • Status funded
  • Goal 230,000 EUR (€)
  • Raised 230,000 EUR (€)
  • Investors 42
  • Interest rate 8%
  • Loan To Value(LTV) 24%
  • Credit Duration 6 month

“Vejo namai” project is developing a block of cottages in Šilainiai, Kaunas. During the year, the quarter is almost developed, paved access, 5 semi-detached houses and 15 single-flat houses are built, part of the houses are sold.

In order to ensure the interests of investors, 9 single-flat houses and 5 flats in two-flat houses are mortgaged. These assets have a registered completeness of at least 80%. According to the valuation of the assets, the pledged assets are worth EUR 956 000.

We plan to raise the amount within 7 days, with the option of extending it to 14 days if we do not raise funds.

Learn more about „Vejo namai refinancing“:

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