Loan 1235137-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 34 834.00
Remaining Principal € 0.00
Interest Rate 12.0%
Initial LTV -
Initial Term 2 m. 18 d.
Remaining Term Late
Amortization Method Full
Listing Date 10.07.2017
Date of Issue 07.07.2017
Closing Date 24.09.2017
Status Finished prematurely
Loan Originator Debifo
Advance Rate 90%
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    Loan PurposeWorking Capital
    Business sectorEmployment agency activities
    DescriptionThe Company hires, trains and equips workers for scaffolding activities in foreign markets. The management of the Company has a cumulative experience of more than 15 years. Funding is needed to hire additional employees as there is a high demand for their workers. The Purchaser is large and profitable Belgium company with revenue above EUR 70 million, assets over EUR 40 million, equity over EUR 10 million. The Purchaser is controlled by holding company, which has assets over EUR 1.1 billion.
    Personal guarantee Yes
    Invoice Transaction Disclosed foreign
    Invoice Recourse Yes
    Credit Rating CA
    Country Lithuania
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    24.09.2017 € 34 834.00 € 882.46 € 35 716.46 Late
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