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Loan 3193642-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 3 998.00
Remaining Principal € 3 998.00
Effective APR charged to borrowers -
Interest Rate 10.0%
Initial LTV -
Initial Term 60 d.
Remaining Term Late
Amortization Method Full
Listing Date 09.05.2018
Date of Issue 10.04.2018
Closing Date 09.06.2018
Status 60+ Days Late
Advance Rate 80%

Loan Originator Details

Loan Originator
Legal Entity
UAB Debitum fori


€ 613.50
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Debt Collection
  • Borrower and Collateral Details

    Loan PurposeWorking Capital
    Business sectorManufacture of heating equipment
    DescriptionThe Company provides manufacturing of heating equipment. The Purchaser offers construction of residential and non-residential buildings, with revenue over EUR 6 million.
    Estimated annual default rate 0,012
    Invoice Transaction Confidential domestic
    Invoice Recourse Yes
    Country Lithuania
    Personal guarantee No
    Risk category BB
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    09.06.2018 € 3 998.00 € 34.43 € 4 032.43 Late
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  • History of Actions

    03.10.2018 Communication with the client Notification about the debt was sent to the buyer. The buyer will start payments in October.
    12.10.2018 Communication with the client Active communication with client regarding partial payments. Part of the debt will be covered from the buyer. Planning to start legal enforcement.