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Loan 2369781-01 - Business Loan Latvia

Loan Details

Loan Type Business Loan
Loan Amount € 20 600.00
Remaining Principal € 0.00
Effective APR charged to borrowers 25.5%
Interest Rate 14.0%
Initial LTV -
LTV -
Initial Term 5 m. 30 d.
Remaining Term Late
Amortization Method Partial
Listing Date 12.02.2018
Date of Issue 02.02.2018
Closing Date 01.08.2018
Status Finished
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Loan Originator Details

Loan Originator
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    Loan PurposeWorking Capital
    BorrowerCompany
    Business sectorOther personal service activities
    DescriptionSince 2007 the company deals with car rental and leasing services and they are the leading car rental provider. The company has 270 rental cars and car rental is provided with convenient IT solutions. The company aims to become the leading car rental company in Estonia as well. Additional funding was issued to improve cash flow.
    Estimated annual default rate 4.1
    Country Latvia
    Personal guarantee yes
    Risk category D
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    01.03.2018 € 0.00 € 136.19 € 136.19 € 136.19 02.03.2018 Paid
    01.04.2018 € 0.00 € 248.34 € 248.34 € 248.34 09.04.2018 Paid after the due date
    Received late payment fee: € 1.10
    01.05.2018 € 0.00 € 240.33 € 240.33 € 240.33 02.05.2018 Paid
    01.06.2018 € 6 724.46 € 248.34 € 6 972.80 € 6 972.80 14.06.2018 Paid after the due date
    Received late payment fee: € 35.81
    01.07.2018 € 6 865.67 € 161.88 € 7 027.55 € 7 027.55 31.07.2018 Paid after the due date
    Received late payment fee: € 6.86
    01.08.2018 € 7 009.87 € 84.51 € 7 094.38 € 7 094.38 15.09.2018 Paid after the due date
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