Loan GRP-2814 - Business Loan

Loan Type
Business Loan
Loan Term
11 mo. 15 d.
Loan Amount
€7,000.00
Initial Offer
€6,650.00
Date Issued
03.06.2019
Maturity date
02.06.2020
Loan Originator
Fintech Capital Oy
Security
BuyBack guarantee in case of borrower`s payments delay for more than 60 days.
Description
Description

The loan has been issued to a Latvian micro credit company NordCard for further expansion of consumer lending activities.

NordCard (brand name of SIA “Hedge Capital Company") is the first non-bank company in Latvia to offer service of “credit line”. Customers can take a loan up to Eur 3,000 for a period of up to 50 months. Despite the company's conservative lending approach, NordCard is showing solid year-on-year growth, its loan portfolio more than quadrupled in 2017 and it grew by 25% by the end of 2018. In near future, NordCard is planning to expand to Scandinavia.

Since establishment, NordCard received 77,800 applications. As a result of a prudent selection process, they currently have 3,500 active and reliable clients.

The loan portfolio as of December 2018 was Eur 2,300,000

Loan portfolio growth dynamics:

12.2016 – Eur 346,794.16

12.2017 – Eur 1,776,501.21

12.2018 – Eur 2,241,744.22

Country
Latvia
Collateral
N/A
Investor
Amount
Available
Total
Discount / Premium
Price
Investor
Amount €2,787.81
Available €2,787.81
Total €2,787.81
Discount / Premium 0.0%
Price €2,787.81
Investor Investor 1
Amount €50.00
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Investor Investor 2
Amount €15.00
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Investor Investor 3
Amount €30.00
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Investor Investor 4
Amount €10.00
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Investor Investor 5
Amount €10.00
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Investor Investor 6
Amount €10.00
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Investor Investor 7
Amount €10.00
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Investor Investor 8
Amount €20.00
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Investor Investor 9
Amount €20.00
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Investor Investor 10
Amount €10.00
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Investor Investor 11
Amount €10.00
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Investor Investor 12
Amount €1,000.00
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Investor Investor 13
Amount €25.00
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Investor Investor 14
Amount €70.00
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Investor Investor 15
Amount €25.00
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Investor Investor 16
Amount €20.00
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Investor Investor 17
Amount €10.00
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Investor Investor 18
Amount €10.00
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Investor Investor 19
Amount €10.00
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Investor Investor 20
Amount €30.00
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Investor Investor 21
Amount €25.00
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Investor Investor 22
Amount €10.00
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Investor Investor 23
Amount €10.00
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Investor Investor 24
Amount €10.00
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Investor Investor 25
Amount €10.00
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Investor Investor 26
Amount €50.00
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Investor Investor 27
Amount €10.00
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Investor Investor 28
Amount €10.00
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Investor Investor 29
Amount €10.00
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Investor Investor 30
Amount €10.00
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Investor Investor 31
Amount €10.00
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Investor Investor 32
Amount €20.00
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Investor Investor 33
Amount €19.00
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Investor Investor 34
Amount €50.00
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Investor Investor 35
Amount €10.00
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Investor Investor 36
Amount €10.00
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Investor Investor 37
Amount €15.00
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Investor Investor 38
Amount €30.00
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Investor Investor 39
Amount €35.00
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Investor Investor 40
Amount €10.00
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Investor Investor 41
Amount €25.00
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Investor Investor 42
Amount €10.00
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Investor Investor 43
Amount €10.00
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Investor Investor 44
Amount €75.00
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Investor Investor 45
Amount €10.00
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Investor Investor 46
Amount €20.00
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Investor Investor 47
Amount €20.00
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Investor Investor 48
Amount €20.00
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Investor Investor 49
Amount €20.00
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Investor Investor 50
Amount €10.00
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Investor Investor 51
Amount €50.00
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Investor Investor 52
Amount €20.00
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Investor Investor 53
Amount €20.00
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Investor Investor 54
Amount €20.00
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Investor Investor 55
Amount €12.00
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Investor Investor 56
Amount €28.00
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Investor Investor 57
Amount €20.00
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Investor Investor 58
Amount €10.00
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Investor Investor 59
Amount €12.00
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Investor Investor 60
Amount €25.00
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Investor Investor 61
Amount €10.00
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Investor Investor 62
Amount €20.00
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Investor Investor 63
Amount €10.00
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Investor Investor 64
Amount €10.00
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Investor Investor 65
Amount €10.00
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Investor Investor 66
Amount €10.00
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Investor Investor 67
Amount €25.00
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Investor Investor 68
Amount €10.00
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Investor Investor 69
Amount €200.00
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Investor Investor 70
Amount €25.00
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Investor Investor 71
Amount €10.00
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Investor Investor 72
Amount €10.00
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Investor Investor 73
Amount €10.00
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Investor Investor 74
Amount €10.19
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Investor Investor 75
Amount €10.00
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Investor Investor 76
Amount €30.00
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Investor Investor 77
Amount €10.00
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Investor Investor 78
Amount €10.00
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Investor Investor 79
Amount €50.00
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Investor Investor 80
Amount €20.00
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Investor Investor 81
Amount €10.00
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Investor Investor 82
Amount €10.00
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Investor Investor 83
Amount €10.00
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Investor Investor 84
Amount €10.00
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Investor Investor 85
Amount €10.00
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Investor Investor 86
Amount €50.00
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Investor Investor 87
Amount €101.00
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Investor Investor 88
Amount €10.00
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Investor Investor 89
Amount €10.00
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Investor Investor 90
Amount €20.00
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Investor Investor 91
Amount €10.00
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Investor Investor 92
Amount €20.00
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Investor Investor 93
Amount €10.00
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Investor Investor 94
Amount €10.00
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Investor Investor 95
Amount €50.00
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Investor Investor 96
Amount €50.00
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Investor Investor 97
Amount €10.00
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Investor Investor 98
Amount €10.00
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Investor Investor 99
Amount €10.00
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Investor Investor 100
Amount €25.00
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Investor Investor 101
Amount €10.00
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Investor Investor 102
Amount €10.00
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Investor Investor 103
Amount €10.00
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Investor Investor 104
Amount €10.00
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Investor Investor 105
Amount €15.00
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Investor Investor 106
Amount €10.00
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Investor Investor 107
Amount €10.00
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Investor Investor 108
Amount €40.00
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Investor Investor 109
Amount €20.00
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Investor Investor 110
Amount €10.00
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Investor Investor 111
Amount €10.00
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Investor Investor 112
Amount €20.00
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Investor Investor 113
Amount €10.00
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Investor Investor 114
Amount €25.00
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Investor Investor 115
Amount €10.00
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Investor Investor 116
Amount €10.00
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Investor Investor 117
Amount €10.00
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Investor Investor 118
Amount €10.00
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Investor Investor 119
Amount €10.00
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Investor Investor 120
Amount €50.00
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Investor Investor 121
Amount €20.00
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Investor Investor 122
Amount €25.00
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Investor Investor 123
Amount €10.00
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Investor Investor 124
Amount €20.00
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Investor Investor 125
Amount €20.00
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Investor Investor 126
Amount €20.00
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Investor Investor 127
Amount €20.00
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Investor Investor 128
Amount €10.00
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Investor Investor 129
Amount €25.00
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Investor Investor 130
Amount €100.00
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Investor Investor 131
Amount €20.00
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Investor Investor 132
Amount €50.00
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Investor Investor 133
Amount €50.00
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Investor Investor 134
Amount €10.00
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Investor Investor 135
Amount €10.00
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Investor Investor 136
Amount €20.00
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Date
Principal
Interest
Total
Received i
Payment date
Status
Date 03.07.2019
Principal €0.00
Interest €52.83
Total €52.83
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Status Scheduled
Date 03.08.2019
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.09.2019
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.10.2019
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.11.2019
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.12.2019
Principal €0.00
Interest €60.96
Total €60.96
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-
Status Scheduled
Date 03.01.2020
Principal €0.00
Interest €60.96
Total €60.96
-
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Status Scheduled
Date 03.02.2020
Principal €0.00
Interest €60.96
Total €60.96
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-
Status Scheduled
Date 03.03.2020
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.04.2020
Principal €0.00
Interest €60.96
Total €60.96
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Status Scheduled
Date 03.05.2020
Principal €0.00
Interest €60.96
Total €60.96
-
-
Status Scheduled
Date 03.06.2020
Principal €6,650.00
Interest €60.96
Total €6,710.96
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-
Status Scheduled
Loan Amount
€7,000.00
Initial offer
€6,650.00
Available
€2,787.81
Available
€2,787.81
IR
12.00 %
LTV
-
Term
11 mo. 15 d.
€3,862.19 of €6,650.00