Crowdestor has launched new project – invest in Renewable energy
Current investment opportunity offers CROWDESTOR investors to make a secured loan to this forestry company who in order to purchase additional properties for logging and producing renewable energy is seeking for additional financing of minimum target EUR 100,000 for 9 months’ period. The loan will carry a 14% annual interest rate paid quarterly. The loan is secured with 67,60 ha forest land pledge. In accordance with approved Company vision plan financing with CROWDESTOR will be implemented in several phases.
Max. target: EUR 170 000,00
Min. target: EUR 100 000,00
Loan term: 9 months.
Interest rate: 14 % per annum.
Interest payments: paid quarterly
Loan repayment: In full at the end of the Loan Term.
Crowdestor BuyBack fund: Yes
- The loan is secured by a private guarantee by shareholder of the Company;
- The loan is secured with 67,60 ha forest land pledge.
Forest property purchase:
- ‘’Vectopši’’, Ramatas pagasts, Mazsalacas novads, cadaster number 9676 004 0061 is
located in Northern Latvia, 30 minutes driving from city center of Valmiera, consisting of
total area 47,00 ha, land property holds 12000m3 bulkm3 of woodchips.
- ‘’Lejas Alkšņi’’, Launkalnes pagasts, Smiltenes novads, cadaster number 9470 008 0025
is located in Northern Latvia, 15 minutes driving from city center of Smiltene, consisting
of total area 20,60 ha, forest property holds 1759m3 of birch, spruce and alder timber.
Crowdestor is real estate investing platform, which gives everyone the opportunity to invest directly in real estate and business projects without middlemen and hidden conditions or costs. With Crowdestor you can start investing from 100 euro with an annual interest rate starting from 12%.