Loan 408171-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 6 711.00
Remaining Principal € 0.00
Interest Rate 11.0%
Initial LTV -
LTV -
Initial Term 60 d.
Remaining Term Late
Amortization Method Full
Listing Date 07.12.2016
Date of Issue 16.11.2016
Closing Date 15.01.2017
Status Finished
Loan Originator Debifo
Advance Rate 90%
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  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    Loan PurposeWorking Capital
    Business sectorManufacturing of chocolate
    DescriptionThe Company is a manufacturer of chocolate glaze for major diary companies in Lithuania. Additional financing was needed to support additional sales as the Company is gearing up for growth. The Purchaser is an experienced manufacturer of rusks and biscuits, with revenue above EUR 1 million and trading history of 22 years.
    Registered01.11.2011
    Estimated annual default rate 1,70
    Invoice Transaction Confidential domestic
    Credit Rating CB
    Country Lithuania
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    15.01.2017 € 6 711.00 € 79.97 € 6 790.97 € 6 790.97 16.01.2017 Paid
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