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New Rendity project – Josef-Ruston-Gasse 28

By MPI1st May 2019News, Real estateDevelopment project, Josef-Ruston-Gasse, peer-to-peer lending, real estate investments, Rendity

Rendity informed that a new investment opportunity is available at the portal to all registered participants: Josef-Ruston-Gasse 28.

Investment type: Development project
Period: 24 months
Fixed interest per annum: 6.5%
Distribution: Yearly
Financial intrument: Qualified Subordinated Loan
Issuer: Cardiometa Research GmbH
Minimum investment amount: 500 EUR (decreased from 1000 EUR, only for this project)

If you invest for the first time at Rendity don’t forget that you can get 25 EUR signup bonus for your first investment, more details HERE.

Rendity Josef-Ruston-Gasse project

Rendity Instant Interest

Investors receive from the deposit of the investment the Rendity Instant Interest, which will be paid after the funding period. With the Rendity instant interest, you not only receive interest on your invested capital for the loan term, but also for the time before that. Thus, you already receive interest for your investment during the funding period. You will receive your Rendity Instant Interest at the end of the funding period.

Project details

The Josef-Ruston-Gasse 28 project is a new building project in 1210 Vienna. In the course of the project 69 residential units with a weighted total usable area of 3,328 m² and open spaces (loggia/terrace/gardens) of 913 m² will be built. The apartments will be grouped around two open courtyards on four floors. The project has already been approved and 10 apartments have already been sold prior to the start of construction (Q2 2019). Further reservations have already been made.

The individual apartments are between 36.92 m² and 109.33 m² in size and all have open spaces. The majority of the project (57 out of 69 residential units) consists of efficiently designed two-room apartments that appeal to both owner-occupiers and purchasers of condominiums. The remaining 12 units are 3- and 4-room apartments, which are increasingly aimed at couples and families.

IuteCredit grows on Mintos again by launching car loans from Moldova

By MPI16th April 2019Newsbuyback guarantee, car loans, invest, IuteCredit, Mintos, Moldova, p2p investing, p2p lending

IuteCredit has yet again expanded its presence on the Mintos p2p lending marketplace and has launched Moldova-issued car loans. This is in addition to the personal loans already offered for investment in the country by the loan originator.

IuteCredit Group commenced its operations in Moldova in 2008. It is currently one of the alternative finance market leaders in the country with a net loan portfolio of EUR 29 million as at the end of January 2019.

If you invest for the first time at Mintos don’t forget that you can get 1% cashback bonus for the investments made in the first three months (90 days), more details HERE.

What IuteCredit Moldova offers on Mintos:

Loans listed in EUR issued in Moldova;
The average car loan is EUR 4 000;
Net annual returns of up to up to 11% for its loans;
IuteCredit Moldova offers a buyback guarantee and will repurchase all loans delinquent for 60 days or more.

Riga 2019 P2P Conference

By MPI3rd April 2019NewsEvent, Latvia, P2P Conference, Riga

Description

Europe’s flagship P2P Investment, Crowdfunding & Regtech Event!

JOIN LEADING PLATFORMS, INVESTORS, AND EXPERTS AT P2P Conference.

P2P Conference is an industry-focused, immersive, off-the-grid and off-the-record event featuring the leading experts in the P2P and crowdfunding industry.

About Event

P2P Conference is a unique two-day concept combining conference, exhibition, networking and fun. Europe’s P2P elite meets for the second time in Riga to listen to and discuss with internationally renowed speakers, extend their network and enjoy some incredibly good food and drinks in three handpicked locations.

18 speakers will give in-depth insights into the latest product, technical and regulatory developments in the P2P and crowdfunding industry. There will be plenty of learning, inspiration, and networking for everyone – from investors to platforms and media.

You can join P2P Coneference in Riga, Latvia on June 7-8, 2019.

P2P Conference is limited to 700 participants!

New high-yield ReInvest24 project – Majaka 54 – 11, Tallinn

By MPI2nd April 2019Newsdevelopment loans, invest, real estate, real estate investments, ReInvest24

ReInvest24 informed today that a new investment opportunity is available at the portal to all registered participants: Majaka 54 – 11, Tallinn.

Investment type: Development loan
Period: 6 months
Fixed interest per annum: 15%
Collateral: Majaka 54 – 11, Tallinn

Interest will be calculated from the day of placing the investment!

ReImvest24 – Real estate backed development loan

Project details

The property for investment is located in a flourishing area of Tallinn, next to the airport, buss station and biggest mall of Baltic States which just opened it’s doors. Such extraordinary location makes this apartment an attractive investment as well a residential dwelling.

Currently the apartment building is quite old and needs renovation. However, our apartment number 11 is a new addition to the property, which includes renovation of the building’s facade and apartment itself. The current condition of the building allowed us to secure this property for the price which is significantly below market level.

Once renovation is finished the appartment will be sold and loan returned. Estimated duration of the project: 6 months.

New investment project in Latvia announced by Bulkestate – Saraiķi

By MPI26th February 2019NewsBulkestate, invest, mortgage, peer-to-peer lending, real estate investments

Bulkestate announced today that it is preparing to launch a new investment project in Latvia: Saraiķi.

Bulkestate: Saraiķi

Launch time: Wednesday/ 27 February 2019 / 15:00 (EEST)

Investment opportunity

Interest rate: 14%
Investment target: 34 000 EUR
Loan period: 12 months
Loan to value: 45%
Security: Mortgage
Repayment date: 06.03.2020

New high-yield Envestio project – Biomass fuel – factoring 8

By MPI25th February 2019NewsBiomass fuel, Envestio, Factoring financing, invest, investing, RIETUMU ENERGIA SIA

Envestio informed today that a new investment opportunity is available at the portal to all registered participants.

By introducing the project “Biomass fuel – factoring 8”, Envestio continues the successful cooperation with the representatives of the environmental-friendly energy industry.

This loan is fully secured by commercial pledge and personal guarantee of the main beneficiary of RIETUMU ENERGIJA SIA.

As usual, you can invest any amount starting from 1 EUR. Minimum deposit to the investment account is EUR 100.

If you invest for the first time at Envestio don’t forget that you can get € 5 and a 0.5% cashback bonus for the investments made in the first nine months (270 days), more details HERE.

Investment opportunity

High-yielding investment in energy sector, factoring-type financing for a woodchips trading company.
Secured debt, 17% planned annual return.
Investment principal buyback is available at 5% penalty rate.

Project description

The company RIETUMU ENERGIA SIA is a venture that successfully works on the market of production and sale of woodchips. Woodchips are being used as raw material for a big number of cogeneration-type power plants across the Baltic region. This type of produced heat and electric energy is considered to be one of the most environment-friendly, as it does not create excessive pollution and ensures full utilization of timber, processed by woodworking factories.

Founded in 2013, RIETUMU ENERGIA SIA is cooperating with an established pool of buyers that ensures necessary and stable demand for woodchips. This pool is formed by several small and medium cogeneration power plants and Tukums city municipal company that provides heating to the city.

On the supply side RIETUMU ENERGIA SIA cooperates with big Latvian woodworking factories SIA Stiga RM un AS Latvijas Finieris, processes own timber as well as purchases imported raw materials.

The need for additional funds is justified by current situation on the Latvian woodchips market that is characterized by high seasonality and continuously growing demand for this type of raw materials. Summer season is characterized by lower prices at which woodchips are available for purchase from the bigger suppliers, however, up to 6 months payment delay from the final customer has to be faced in that case.

Covering this gap with the help of Envestio financing will allow getting extra profits during the winter season, when the price of woodchips reaches its maximum, and repay the investment principal to Envestio participants.

Market

During the last years Latvian market for woodchips was characterized by increasing demand for the qualitative product. The size of Latvian woodworking industry, which is the main internal supplier of raw woodchips for further processing, remains relatively stable; at the same time, the number of customers has been increasing almost exponentially. Cogeneration power plants and producers of wooden pellets are looking to purchase growing amounts of the raw materials. Given the constant supply and increasing number of foreign customers from countries like Estonia, Lithuania, and Poland this logically results in price increase and even product shortage on the market.

Besides the increasing demand the market also faces extreme seasonality. Woodchips can be purchased at cheaper price during the summer, at the same time, during the winter not all customers can handle the price growth (and still there is an excessive demand). In these conditions, a company that can purchase the woodchips during the low season, store it, and sell during the period of higher prices may achieve extra profits.

Sample repayment schedule

Envestio participant’s investment – EUR 1 000.00
Payments:

25.03.2019 – EUR 13.04
25.04.2019 – EUR 14.44
25.05.2019 – EUR 13.97
25.06.2019 – EUR 14.44
25.07.2019 – EUR 13.97
25.08.2019 – EUR 1014.44

Total expected return: EUR 1 084.30

New high-yield Envestio project – Oil product terminal rent – tier 2

By MPI28th January 2019Newsdiesel fuel wholesale, Envestio, invest, investing, peer-to-peer lending, Rietumu Nafta

Envestio informed that a new investment opportunity is available at the portal to all registered participants.

The project is presented by the new Investment Project Owner – Latvian venture “Rietumu Nafta” SIA that is successfully working in the market of auto fuel trade since 1998. Currently, the company is the biggest fuel wholesaler in the Kurzeme region of Latvia (Western part of the country) and one of the noticeable players in the country market. By investing in the project “Oil product terminal rent – tier 2” it is possible to participate in the financing of rent costs and other expenses of using oil product terminal facilities that will allow “Rietumu Nafta” SIA to ensure year-round supply, storage, and timely delivery to the customers of necessary amount of diesel and other fuel products.

Total project value is EUR 1,000,000.

The loan is fully secured by commercial pledge and personal guarantee of the main beneficiaries of “Rietumu Nafta” SIA.

You can invest any amount starting from 1 EUR. Minimum deposit to the investment account is EUR 100.

If you invest for the first time at Envestio don’t forget that you can get € 5 and a 0.5% cashback bonus for the investments made in the first nine months (270 days), more details HERE.

Investment opportunity

High-yielding investment in operations of diesel fuel wholesale and retail trading company.
15% planned annual return.
Investment principal buyback is available at 5% penalty fee

Project description

Latvian venture “Rietumu Nafta” SIA is successfully working on the market of auto fuel trade since 1998. Currently, the company is the biggest fuel wholesaler in the Kurzeme region of Latvia (Western part of the country) and one of the noticeable players in the country market. Client-oriented business approach combined with almost 20 years’ experience in the market helps “Rietumu Nafta” SIA in maintaining the leading positions in the industry.

Since the year 2013 “Rietumu Nafta” SIA is a member of Latvian TOP 500 company list, published by major Latvian business newspaper “Dienas Bizness” with annual turnover averaging to EUR 50 mln.

The biggest share of the company’s business is constituted by fuel wholesale operations. “Rietumu Nafta” SIA offers to its clients all different types of diesel fuel of highest quality, produced according to official European Union standards. It includes also fuel for agricultural needs and marked diesel fuel that should be traded following special procedures as per Latvian legislation.

Many company’s clients have concluded long-term purchase and delivery contracts. Delivery is ensured across the whole territory of Latvia using company’s 6 modern fuel trucks that are equipped with fuel volume, temperature, and density controlling features, showing the exact parameters of purchased fuel to the customer.

Besides wholesale and delivery operations “Rietumu Nafta” SIA operates also two gas stations located in the cities of Kuldiga and Liepaja. Gas stations sell to retail customers petrol, diesel fuel, diesel fuel for agricultural needs as well as car biogas (sold at station in Kuldiga).

“Rietumu Nafta” SIA is looking to attract a total amount of EUR 1,000,000 for 12 months in order to finance rent cost and other expenses of using oil product terminal facilities in the one of commercial harbors of Kurzeme region that will allow to ensure year-round supply, storage, and timely delivery to the customers of necessary amount of diesel and other fuel products.

Market

During the first eight months of 2018, Latvian gasoline imports dropped 4% from the respective period a year ago, while diesel fuel imports fell 11.3%, according to the Central Statistical Bureau, writes LETA.

During the first eight months of this year, Latvia imported 186.247 mln liters of gasoline and 826,800 tons of diesel fuel.

The value of gasoline imports rose 8.5 % year-on-year to EUR 78.483 mln in January-August 2018, and the value of diesel fuel imports increased 6.4% to EUR 438.043 mln.

Lithuania was the main supplier of gasoline and diesel fuel to Latvia.

In the eight months, Latvia imported 116.598 mln liters of gasoline from Lithuania, or 62.6% of total gasoline imports (64.6% in January-August 2017) while 65.064 mln liters, or 34.9%, were imported from Finland. Compared to January-August 2017, gasoline imports from Lithuania declined 6.9% and gasoline imports from Finland rose 0.9%.

In January-August 2018, Lithuania also supplied 468,900 tons of diesel fuel to Latvia or 56.7 % of total diesel fuel imports (61.1% in January-August 2017). Diesel fuel imports from Lithuania fell 18.6% against January-August 2017. Diesel fuel imports from Finland increased 4.7% y-o-y to 248,000 tons or 30% of total diesel imports in January-August this year. Latvia also imported 86,200 tons of diesel fuel from Belarus in January-August 2018 or 7.2% more than in January-August 2017.

In the first eight months of this year, Latvia also imported 464 tons of fuel oil, down 46.9% from the same period a year ago. Fuel oil imports from Estonia reached 433 tons or 93.2%, and the value was EUR 221,000.

In January-August 2017, Latvia imported 193.983 mln liters of gasoline, 942,600 tons of diesel fuel and 875 tons of fuel oil.

Sample repayment schedule

Envestio participant’s investment – EUR 1 000.00
Payments:

28.02.2019 – EUR 12.74
28.03.2019 – EUR 11.51
28.04.2019 – EUR 12.74
28.05.2019 – EUR 12.33
28.06.2019 – EUR 12.74
28.07.2019 – EUR 12.33
28.08.2019 – EUR 12.74
28.09.2019 – EUR 12.74
28.10.2019 – EUR 12.33
28.11.2019 – EUR 12.74
28.12.2019 – EUR 12.33
28.01.2020 – EUR 1012.74

Total expected return: EUR 1 150.01

New high-yield Envestio project – Biomass fuel – factoring 5

By MPI14th January 2019NewsBiomass fuel, energy industry, Envestio, invest, investors, RIETUMU ENERGIA SIA

Envestio informed today that a new investment opportunity is available at the portal to all registered participants.

By introducing the project “Biomass fuel – factoring 5”, Envestio continues the successful cooperation with the representatives of the environmental-friendly energy industry.

This loan is fully secured by commercial pledge and personal guarantee of the main beneficiary of RIETUMU ENERGIJA SIA.

As usual, you can invest any amount starting from 1 EUR. Minimum deposit to the investment account is EUR 100.

If you invest for the first time at Envestio don’t forget that you can get € 5 and a 0.5% cashback bonus for the investments made in the first nine months (270 days), more details HERE.

Investment opportunity

High-yielding investment in energy sector, factoring-type financing for a woodchips trading company.
Secured debt, 17% planned annual return.
Investment principal buyback is available at 5% penalty rate.

Project description

On the supply side RIETUMU ENERGIA SIA cooperates with big Latvian woodworking factories SIA Stiga RM un AS Latvijas Finieris, processes own timber as well as purchases imported raw materials.

Market

Sample repayment schedule

Envestio participant’s investment – EUR 1 000.00
Payments:

14.02.2019 – EUR 14.44
14.03.2019 – EUR 13.04
14.04.2019 – EUR 14.44
14.05.2019 – EUR 13.97
14.06.2019 – EUR 14.44
14.07.2019 – EUR 1013.97

Total expected return: EUR 1 084.30

New investment project in Latvia announced by Bulkestate – Luku Street – 2nd Stage

By MPI11th January 2019NewsBulkestate, invest, Luku Street, mortgage, peer-to-peer lending

Bulkestate announced today that it is preparing to launch a new investment project in Latvia: Lūku Street – 2nd Stage.

Launch time: Monday/ 14 January 2019 / 12:00 (EEST)

Bulkestate: Lūku Street

Investment object

The mortgaged property is a 2200 m2 large land plot on Lūku Street, in Mārupe district.

Mārupe is one of the closest private housing areas to Riga. The main advantage of the region is the convenient traffic to the city centre, international airport and the seaside, at the same time preserving the green neighbourhood characteristic of the outskirts of the city.

Loan target

The borrower intends to refinance an existing loan to increase the operating capital of the borrower’s company.

Investment opportunity

Interest rate: 12%
Investment target: 32 275 EUR
Loan period: 6 months
Loan to value: 45%
Security: Mortgage

New high-yield Envestio project – Urban mining tier 12

By MPI7th January 2019NewsDagre, Envestio, invest, peer-to-peer lending, recycling, secured debt, Urban mining

Envestio informed today that a new investment opportunity is available at the portal to all registered participants.

By introducing the project Urban mining Tier 12, Envestio continues to expand successful cooperation with the representatives of the environmental-friendly recycling industry.

Total project value for renewable financing (current credit limit of DAGRE Ltd.) is EUR 600,000.

As usual, you can invest any amount starting from 1 EUR. Minimum deposit to the investment account is EUR 100.

If you invest for the first time at Envestio don’t forget that you can get € 5 and a 0.5% cashback bonus for the investments made in the first nine months (270 days), more details HERE.

Investment opportunity

High-yielding investment into technology sector, financing of working capital of recycling plant.
Secured debt, 16% planned annual return.
Investment principal buyback is available at 5% penalty rate.

Project description

DAGRE is an international company with successful experience in the sphere of recycling of technological raw materials that contain different precious metals such as silver, gold, platinum, etc. DAGRE’s production capacities provide full cycle of processing the raw materials, from initial expertise in the lab to grinding it using special automated machinery and equipment. Employed innovative technological process ensures preservation of 98% of the initial amount of precious metals, contained in the raw materials. Production complex consists of following segments:

Storage of Raw materials
Manual and mechanical disassembly workshop
Enrichment workshop
Storage of ready produce.

DAGRE is capable of processing extremely wide range of raw materials, which provides the company with additional competitive advantage on the market. Obsolete home electronics, computer hardware, written-off equipment and machinery from plants and factories, even details from old trains and military objects – all this can be utilized. Current company facilities allow recycling of more than 2000 tons of aforementioned raw materials per year, and turning them into enriched “concentrate” with high saturation of precious metals ready for further sale.

The enriched “concentrate” is purchased by special factories, which recycle it further, into pure non-ferrous metals, such as Aurubis GmbH factory in Hamburg, Germany that is currently the main buyer of DAGRE’s product. DAGRE and Aurubis GmbH have concluded a long-term cooperation contract.

DAGRE is receiving raw materials from wide variety of suppliers in the Eastern European region, which is still far behind the rest of the Europe in terms of percentage of obsolete equipment going through proper utilization process. In combination with efficient and transparent logistics processes it makes economies of scale possible.

Market

DAGRE is one of few companies in the region that has direct access to Russian market of necessary raw materials. Russian recycling market is noticeably underdeveloped in comparison with Western markets, therefore, supply of raw materials is limited only by the production capacities of processing company and money it can invest into the process. At the same time, entrance to this market is very complicated due to big amount of different formalities and strict customs procedures, which must be observed. Here DAGRE enjoys a noticeable competitive advantage, as it already has all the necessary legal and operational expertise is this sphere.