Loan 10589737-01 - Business Loan Latvia

Loan Details

Loan Type Business Loan
Loan Amount € 15 675.00
Remaining Principal € 14 719.97
Effective APR charged to borrowers 21.8%
Interest Rate 12.5%
Initial LTV 131%
LTV 123%
Initial Term 36 m. 0 d.
Remaining Term 32 m. 21 d.
Amortization Method Full
Listing Date 25.02.2019
Date of Issue 15.02.2019
Closing Date 15.02.2022
Status Current
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Loan Originator Details

Loan Originator
Legal Entity
SE Capitalia

Invest

Available
€ 0.00
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    Loan PurposeExpansion financing
    BorrowerCompany
    Business sectorForestry and logging
    DescriptionFounded in 2015 and the Company is providing forestry and forest care services to Latvijas valsts meži. There are 5 employees, some forestry technique and equipment. New agreement with Latvijas valsts meži has been signed for 100k EUR for year 2019.
    Estimated annual default rate 2.2
    Collateral Real estate "Rubeņi" in Medzes municipality, Grobiņa district - 3,1ha forest land, cadastre nr. 64760020019 (Medzes municipality's land registry nr. 100000091160)
    Country Latvia
    Valuation€ 12 000 / 11.02.2019
    Personal guarantee yes
    Risk category B
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    15.03.2019 € 312.65 € 97.97 € 410.62 € 410.62 15.03.2019 Paid
    15.04.2019 € 318.31 € 165.36 € 483.67 € 483.67 16.04.2019 Paid
    15.05.2019 € 324.07 € 156.71 € 480.78 € 480.78 15.05.2019 Paid
    15.06.2019 € 329.94 € 158.44 € 488.38 Scheduled
    15.07.2019 € 335.91 € 149.90 € 485.81 Scheduled
    15.08.2019 € 341.99 € 151.28 € 493.27 Scheduled
    15.09.2019 € 348.18 € 147.60 € 495.78 Scheduled
    15.10.2019 € 354.48 € 139.21 € 493.69 Scheduled
    15.11.2019 € 360.90 € 140.03 € 500.93 Scheduled
    15.12.2019 € 367.43 € 131.76 € 499.19 Scheduled
    15.01.2020 € 374.08 € 132.19 € 506.27 Scheduled
    15.02.2020 € 380.85 € 128.17 € 509.02 Scheduled
    15.03.2020 € 387.75 € 116.06 € 503.81 Scheduled
    15.04.2020 € 394.76 € 119.89 € 514.65 Scheduled
    15.05.2020 € 401.91 € 111.91 € 513.82 Scheduled
    15.06.2020 € 409.18 € 111.32 € 520.50 Scheduled
    15.07.2020 € 416.59 € 103.46 € 520.05 Scheduled
    15.08.2020 € 424.13 € 102.43 € 526.56 Scheduled
    15.09.2020 € 431.81 € 97.86 € 529.67 Scheduled
    15.10.2020 € 439.62 € 90.21 € 529.83 Scheduled
    15.11.2020 € 447.58 € 88.48 € 536.06 Scheduled
    15.12.2020 € 455.68 € 80.97 € 536.65 Scheduled
    15.01.2021 € 463.93 € 78.76 € 542.69 Scheduled
    15.02.2021 € 472.33 € 73.77 € 546.10 Scheduled
    15.03.2021 € 480.87 € 62.04 € 542.91 Scheduled
    15.04.2021 € 489.58 € 63.51 € 553.09 Scheduled
    15.05.2021 € 498.44 € 56.36 € 554.80 Scheduled
    15.06.2021 € 507.46 € 52.87 € 560.33 Scheduled
    15.07.2021 € 516.65 € 45.88 € 562.53 Scheduled
    15.08.2021 € 526.00 € 41.85 € 567.85 Scheduled
    15.09.2021 € 535.52 € 36.19 € 571.71 Scheduled
    15.10.2021 € 545.21 € 29.44 € 574.65 Scheduled
    15.11.2021 € 555.08 € 24.55 € 579.63 Scheduled
    15.12.2021 € 565.13 € 17.98 € 583.11 Scheduled
    15.01.2022 € 575.36 € 12.50 € 587.86 Scheduled
    15.02.2022 € 585.64 € 6.30 € 591.94 Scheduled
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