Loan 476288-01 - Invoice Financing Lithuania

Loan Details

Loan Type Invoice Financing
Loan Amount € 13 620.00
Remaining Principal € 0.00
Interest Rate 10.5%
Initial LTV -
LTV -
Initial Term 5 m. 25 d.
Remaining Term Late
Amortization Method Full
Listing Date 28.12.2016
Date of Issue 07.12.2016
Closing Date 31.05.2017
Status Finished
Loan Originator Debifo
Advance Rate 87%
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  • 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.
    Registered01.10.2012
    Invoice Transaction Confidential domestic
    Credit Rating AB
    Country Lithuania
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    31.05.2017 € 13 620.00 € 611.76 € 14 231.76 € 14 231.76 12.06.2017 Paid
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