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Loan 1421852-01 - Business Loan Estonia

Loan Details

Loan Type Business Loan
Loan Amount € 15 000.00
Remaining Principal € 8 551.65
Effective APR charged to borrowers 24.6%
Interest Rate 11.7%
Initial LTV -
LTV -
Initial Term 15 m. 8 d.
Remaining Term Late
Amortization Method Full
Listing Date 22.08.2017
Date of Issue 07.02.2017
Closing Date 15.05.2018
Status 60+ Days Late
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Loan Originator Details

Loan Originator
CapitaliaB+

Invest

Available
€ 4.73
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Debt Collection

  • Borrower and Collateral Details

    Loan PurposeExpansion financing
    BorrowerCompany
    Business sectorWholesale trade, except of motor vehicles and motorcycles
    DescriptionCompany specializes in wholesale of electronics. Regardless of the short operating period, this company has managed to significantly increase its turnover in just 2 years mostly due to focusing on export markets. The products are mostly sold via their online store. Financing was attracted to speed up e-commerce expansion to foreign markets.
    Estimated annual default rate 1.2%
    Country Estonia
    Personal guarantee yes
    Risk category A
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    15.03.2017 Paid
    15.04.2017 Paid
    15.05.2017 Paid
    15.06.2017 Paid
    15.07.2017 Paid
    15.08.2017 Paid
    15.09.2017 € 976.81 € 74.32 € 1 051.13 € 1 051.13 15.09.2017 Paid
    15.10.2017 € 996.35 € 83.38 € 1 079.73 Late
    15.11.2017 € 1 016.27 € 76.12 € 1 092.39 Late
    15.12.2017 € 1 036.60 € 63.76 € 1 100.36 Late
    15.01.2018 € 1 057.33 € 55.44 € 1 112.77 Late
    15.02.2018 € 1 078.48 € 44.78 € 1 123.26 Late
    15.03.2018 € 1 100.05 € 30.64 € 1 130.69 Late
    15.04.2018 € 1 122.05 € 22.84 € 1 144.89 Late
    15.05.2018 € 1 144.52 € 11.16 € 1 155.68 Late
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  • History of Actions

    DateActionDescription
    18.12.2017 Communicatiom with the client Company applied for insolvency process, waiting for court decision, date of the court session 15.12.2017.
    15.01.2018 Communicatiom with the client Insolvency is in process.
    02.02.2018 Regular update on the borrower status There are no updates since the latest status update.
    16.04.2018 Collection Insolvency process in progress, administrator will start selling company's assets on auction.
    17.05.2018 Regular update on the borrower status There are no updates since the latest status update.
    28.06.2018 Regular update on the borrower status There are no updates since the latest status update.
    25.07.2018 Regular update on the borrower status There are no updates since the latest status update.
    20.08.2018 Regular update on the borrower status There are no updates since the latest status update.