Loan 2164449-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 4 809.00
Remaining Principal € 0.00
Effective APR charged to borrowers -
Interest Rate 11.0%
Initial LTV -
Initial Term 56 d.
Remaining Term 4 m. 12 d.
Amortization Method Full
Listing Date 11.01.2018
Date of Issue 09.01.2018
Closing Date 06.03.2018
Status Finished prematurely
Loan Originator Debifo
Advance Rate 71%
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    Loan PurposeWorking Capital
    Business sectorWholesale of lighting products
    DescriptionThe Company is a wholesaler and retailer of lighting installations and light bulbs. The Company has obtained exclusive rights to sell manufacturer's products in Lithuania. Additional funding is needed to support growing sales and to introduce new products. The Company is a repeated client of Debifo with excellent previous payment history. Expected payment - up to 5 days before due date.
    Risk category AB
    Personal guarantee No
    Invoice Transaction Confidential domestic
    Invoice Recourse Yes
    Country Lithuania
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    06.03.2018 € 4 809.00 € 79.35 € 4 888.35 Late
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