Nexus

Nexus
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 23.8 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 8.6 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
nexusgc.ru
Founded:
2016
Employees:
15
Joined Mintos:
19.11.2019
Annual percentage rate charged to borrowers:
25-120%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 0
Schedule extension: During the first 30 days after the due date of a loan payment, the borrower can opt for extending the loan payment schedule. The maximum number of extensions depends on the loan agreement and can't be more than 6. If the lending company agrees, the loan will be automatically updated, with the new schedule, and the due dates for all outstanding payments will be extended by up to 31 days. Investors will continue to earn the same interest throughout the remaining loan term.
Up to 6

About

Nexus is a notable player in the small and medium-sized enterprise (SME) lending sector in Russia. The company primarily focuses on high-growth companies looking for additional leverage to expand their portfolio with state and commercial contracts. The company's team consists of 15 employees, and most of their customers (over 80%) are repeat customers.

 

Over 36% of Nexus's funds used for loan issuance are attracted by shareholders, which guarantees a high level of Nexus solvency and resistance to potential credit market fluctuations. The average value of loans issued by Nexus is around RUB 3.9 million (around EUR 55 000 with an average repayment period of 4 months (loans are generally repaid at the end of term).

Presentation

Presentation

Last Updated: 15.11.2019

Financials

Financials

Last Updated: 19.11.2019

Loan Agreement

Loan Agreement

Last Updated: 19.11.2019