Loan 472138-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 8 581.00
Remaining Principal € 0.00
Interest Rate 10.5%
Initial LTV -
LTV -
Initial Term 3 m. 0 d.
Remaining Term Late
Amortization Method Full
Listing Date 27.12.2016
Date of Issue 21.12.2016
Closing Date 21.03.2017
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 food supplements
    DescriptionThe Company creates, manufactures and sells food supplements to large pharmacy chains in Lithuania. Working capital gap in pharmaceutical business is large and additional funding is needed for further business growth, namely to ensure sufficient supply of existing food supplements and to introduce new food supplements to the market. The Purchaser is one of the largest pharmacy chains in Lithuania with revenue above EUR 100 million. Expected payment - on invoice due date. The Company is a repeated client of Debifo with excellent previous payment history.
    Registered01.08.2013
    Estimated annual default rate 0.40
    Personal guarantee Personal guarantee
    Invoice Transaction Confidential domestic
    Credit Rating AA
    Country Lithuania
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    21.03.2017 € 8 581.00 € 210.23 € 8 791.23 € 8 791.23 21.03.2017 Paid
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