The property is located in Mārupe, which 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.
Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By introducing the new investment project “Fruits wholesale – factoring 3”, Envestio continue cooperation with the representative of European food wholesale industry.
This loan is fully secured by commercial pledge and personal guarantee of the main beneficiary of SIA MERKURS-RIGANTE.
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 food wholesaling industry, financing of working capital of a fruit wholesaler.
Secured debt, 21% planned annual return.
Investment principal buyback is available at 5% penalty rate.
Project description
Latvian company SIA MERKURS-RIGANTE has been working in the sphere of warehouse services and logistics since 1994. Recently the company launched a new business direction – delivery and wholesale of fresh fruits produced in Spain, Greece, Bulgaria, and Serbia on the market of Baltic states, Russia, Belarus, Kazakstan and other CIS countries. The assortment includes different kinds of stone fruits, strawberries, blueberry, citruses, apples, etc.
The business network is already active since June 2018. Having a number of contracted European suppliers, long-term experience in transportation and warehousing, possibility to use own infrastructure for the trade operations, necessary expertise in importation procedures, and high demand for high-quality product makes this business direction exceptionally promising and high-profitable.
SIA MERKURS-RIGANTE is looking to attract a factoring-type secured funding for the period of 6 months in order to finance additional deliveries of shipments of fruits to its partners within already established trade network.
Market
The market for imported fruits and berries in the Eastern Europe and CIS is still considered fairly underdeveloped and full of opportunities in comparison to Western Europe and US. A lot of people there still do not consider fresh fruits and berries to be an essential part of their food basket as consumption of these products currently is approximately 3,5 times lower than in the West. At the same time, as a result of the latest healthy lifestyle trends, growing personal income, and a number of other factors the demand for qualitative fruits and berries is increasing at a constant rate.
Increasing demand cannot be met with local supply, mainly due to the climate conditions, which are not favourable for growing good-quality fruits and berries as well as weaker and low-automated local farming sector. It provides a lot of opportunities for the companies that are able to import products of a necessary quality from other economic regions.
The Mintos marketplace just got bigger as Credius now offers personal loans for investment in Romania. Credius is one of the five largest alternative lenders in Romania and it is backed by a private equity group from the United States, and you can invest in its personal loans listed in EUR now!
Credius is part of the American investment group of private equity funds New Century Holdings (“NCH”). NCH manages approximately USD 3 billion of capital through a network of nine offices in Eastern Europe, Russia and Brazil. NCH has been active on the Romanian market since 1994, particularly in such industries as real estate and finance & banking services.
“Romania, the leader of GDP growth in the European Union in 2017, is experiencing a transition from an offline to an online economy. Credius is both taking advantage of this opportunity and is one of the most important drivers of this transition”, says Andrey Buzgan, Credius CEO.
Credius is a lending company focused on the segment of instalment loans to individuals. The average Romania-issued loan on Mintos from Credius is EUR 750 with a repayment period of 12 to 24 months. You can expect a net annual return of up to 9.5%.
To align its interests with those of investors, Credius will retain 10% of each loan placed on Mintos on its balance sheet. All Romania-issued loans from Credius come with a buyback guarantee and Credius will undertake the obligations of repurchasing delinquent loans.
Credius started its operations in Romania in 2013. It is currently in the top five alternative finance market leaders in the country when comparing the number of customers, monthly volumes of new loan origination, and the size of its loan portfolio. Credius is a leading market player both with its innovative online technologies and in terms of sales volumes. Its branch network is one of the largest in Romania with more than 80 offices. The company’s activities are regulated by the National Bank of Romania.
Since its inception, Credius has issued 53 000 loans worth more than EUR 33 million. The company maintains a very strong balance sheet with no external debt on its books. In 2017 the company reached EUR 19 million in revenues and EUR 2 million in net profit. As of the end of June 2018, its loan portfolio of EUR 9.5 million had been financed exclusively by its shareholders through the injection of equity capital and subordinated loan as well as through the reinvestment of internally generated cash flows. Historically, the average part of its non-performing loan portfolio being overdue more than 60 days has been around 10%.
To obtain exposure to Credius loans, investors will be able to invest in loans issued by Mintos Finance to Credius, where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Credius will be pegged to a respective loan issued by Credius to the final borrower. Mintos Finance is a Mintos group company.
Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By introducing the project Urban mining tier 7, Envestio continues to expand successful cooperation with the representatives of the environmental-friendly recycling industry.
This investment project is available on exclusive conditions, ensuring higher return than other DAGRE projects. At the same time, it is also classified as secured debt limiting the project-related risks.
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, 21% 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.
Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By introducing the new investment project “Fruits wholesale – factoring 2”, Envestio continue cooperation with the representative of European food wholesale industry.
This loan is fully secured by commercial pledge and personal guarantee of the main beneficiary of SIA MERKURS-RIGANTE.
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 food wholesaling industry, financing of working capital of a fruit wholesaler.
Secured debt, 21% planned annual return.
Investment principal buyback is available at 5% penalty rate.
Project description
Latvian company SIA MERKURS-RIGANTE has been working in the sphere of warehouse services and logistics since 1994. Recently the company launched a new business direction – delivery and wholesale of fresh fruits produced in Spain, Greece, Bulgaria, and Serbia on the market of Baltic states, Russia, Belarus, Kazakstan and other CIS countries. The assortment includes different kinds of stone fruits, strawberries, blueberry, citruses, apples, etc.
The business network is already active since June 2018. Having a number of contracted European suppliers, long-term experience in transportation and warehousing, possibility to use own infrastructure for the trade operations, necessary expertise in importation procedures, and high demand for high-quality product makes this business direction exceptionally promising and high-profitable.
SIA MERKURS-RIGANTE is looking to attract a factoring-type secured funding for the period of 6 months in order to finance additional deliveries of shipments of fruits to its partners within already established trade network.
Market
The market for imported fruits and berries in the Eastern Europe and CIS is still considered fairly underdeveloped and full of opportunities in comparison to Western Europe and US. A lot of people there still do not consider fresh fruits and berries to be an essential part of their food basket as consumption of these products currently is approximately 3,5 times lower than in the West. At the same time, as a result of the latest healthy lifestyle trends, growing personal income, and a number of other factors the demand for qualitative fruits and berries is increasing at a constant rate.
Increasing demand cannot be met with local supply, mainly due to the climate conditions, which are not favourable for growing good-quality fruits and berries as well as weaker and low-automated local farming sector. It provides a lot of opportunities for the companies that are able to import products of a necessary quality from other economic regions.
A new loan originator from Russia has just launched on the Mintospeer-to-peer lending marketplace! Kviku is a leading fintech platform which currently provides instant online point-of-sale and instalment credit solutions to borrowers in Russia and Kazakhstan. In 2018, the company plans to expand its services into Spain and Poland. Kviku is the sixth loan originator with operations in Russia to join Mintos and you can now invest in its Russia-issued consumer loans listed in Euro (EUR) and Russian ruble (RUB).
Kviku was established in 2013 and was one of the first fintech company to challenge the traditional banks in Russia. The company operates completely online and offers a fast, reliable, convenient and transparent service. Kviku issues loans through its virtual credit card and point-of-sale partners and holds a microfinance license in Russia. First-time borrowers can take a loan up to EUR 300 to purchase online or offline goods and services. For repeat borrowers, the company offers cash instalment loans up to EUR 1 500 with a six month repayment period. Both loan products will be available for investment on Mintos.
“We are excited to be among the first originators to offer point-of-sale loans on the Mintos marketplace. The Russian online lending market is one of the most regulated globally and investors will surely benefit from the extra layer of regulation. Kviku is a leading European online point-of-sale lender and we look forward to diversifying our funding sources for loans that we issue in all of our countries of operations via our strategic partnership with Mintos,” says Kviku Founder and CEO Nikita Lomakin.
The average Russia-issued loan from Kviku is EUR 500 and around RUB 35 000. The average maturity of the loans is six months. For its loans listed in EUR, you can expect a net annual return of up to 10% in EUR and up to 17% for its loans listed in RUB.
All loans from Kviku will be secured with a buyback guarantee and will be repurchased if they become delinquent for 60 days or more. The company also offers investors another layer of risk mitigation, as it will keep 10% of each loan on its balance to maintain its skin in the game.
As of July 31, 2018, Kviku had issued 250 000 loans worth over USD 15 million. The company has experienced 10 times the amount of growth over the last 12 month, and has a net loan portfolio of USD 8 million.
Kviku prides itself on its fast service, due to its efficient credit risk assessment. The company has the shortest online application time in the industry and can analyse more than 10 thousand Big Data parameters within 20 seconds. The company uses over 30 databases to assess the creditworthiness of its borrowers.
Kviku is made up of a team of 25 employees who have helped create and maintain the convenient business model of the company. As a result, it has processed more than 700 000 applications. The typical borrower of Kviku is aged between 20-35 years old, has an average monthly income of EUR 1 000 and is considering to make an online or offline purchase but doesn’t have sufficient funds. Kviku’s business model assumes less risk compared to traditional payday loans, as only repeat borrowers get access to cash loans, whereas new clients can apply for non-cash loans to purchase goods or services.
Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By introducing the project Biomass fuel – factoring 3, final lot (this is the final project for this season from this Project Owner.), 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, 21% 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.
Bulkestate OÜ has signed a purchase agreement for a property (land 2,077 square metres and building) located on Nometnu 18, Riga. The property is a part of Riga’s famous Art Noveau collection, a 4-storey apartment building in the Āgenskalns district. The surrounding area is a mix of residential houses and light commercial facilities. It is a convenient location, only 10 minutes away from the city centre and 15 minutes from the Riga airport. The building was owned and managed by the University of Latvia as a residential property.
The property includes 12 apartments and two commercial premises as well as an adjacent wooden building. All apartments and the wooden building have been reserved by buyers with contracted sales revenue 866,000 euros and 86.6 thousand euros paid to Bulkestate as a reservation deposit.
Location, quality of the building and significant discounts to the market price have facilitated fast sales process and high commitment from the buyers to complete the purchase.
Commercial premises will be sold after completion of apartment sales process. The expected sales price for these is 250 thousand euros.
Loan
The loan amount will comprise EUR 800,000 and will carry a 17% annual interest rate.
The loan will be used to finance payment of purchase price and transaction costs and will be repaid by payments for sold apartments.
Security
The loan is secured by a first rank mortgage on the building. The market price of the building has been defined as EUR 1,400,000 (LTV ratio is 57%).
The borrower
For technical reasons, loan agreement will be signed by LP Private Property SIA (a company controlled by Bulkestate OÜ) who will lend these funds to Bulkestate OÜ to pay the sellers of the building and associated transaction costs.
All funds received by Bulkestate from investors will remain at Bulkestate and will be directly used to complete the acquisition of the property.
Repayment schedule
Loan and accrued interest will be paid within 3 months.
Investors making EUR 10,000 or larger investment will receive 1% incentive payment from the invested amount (representing 4% annual interest rate), while
Investors making EUR 25,000 or larger investment will receive 2% incentive payment from the invested amount (representing 8% annual interest rate).
Envestio informed today that a new investment opportunity is available at the portal to all registered participants.
By introducing the project Biomass fuel – factoring 2, 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, 21% 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.
Crowdestate is a real estate crowdfunding marketplace offering high-quality, pre-vetted real estate investments. Their close relationships with different local real estate developers and brokerage companies give them access to a large number of off-market real estate investments. Only the best investments surviving the due diligence process are published for investing.
While all relevant information required for making proficient investment decisions are attached to each investment, all investment decisions are made by the investors based on their personal investment preferences and risk tolerance. Extensive background information, business plans, and financial models combined with a low 100 euro minimum investment are making real estate investing quick and easy.
Online marketplace and underlying technology provide access to the real estate investments regardless of your location or time zone.
At the same time, Crowdestate is a perfect partner for real estate entrepreneurs having a bright investment idea but lacking etiher capital or liquidity. Crowdestate is their professional funding partner, consolidating hundreds or thousands of smaller investment orders into a single lump sum.
How it works and who can invest?
You should be a registered user to gain access to the investment opportunities. Before investing, you are expected to provide Crowdestate with necessary information and confirmations required by the law.
As a registered user, you can open one or several investments accounts (for instance, one for your personal holdings and the other for your investment company). All your transactions (investments, distributions, payments etc) will be reflected on your investment account.
You should have sufficient free funds on your investment account to start investing. Funds can be added to your investment account through wire transfer, please always use investment account’s unique reference number to ensure smooth transactions.
Please review investment opportunity before making any investment decisions. Crowdestate’s investment opportunities are of different length, risk profile and return expectations. Please consider the suitability of any investment opportunity to your personal risk tolerance and investment horizon. If the available opportunity does not match with your preferences, please do not invest in it. We are regularly adding new real estate investment opportunities and in time you will find a suitable one.
If you have found a suitable real estate opportunity, please start investing by entering your investment amount and concluding the necessary agreement. At the moment of signing the agreement, Crowdestate will make the reservation in your investment amount on your investment account.
In case the funding campaign is successful (the investment opportunity gets funded before the deadline of the funding campaign), Crowdestate will proceed to concluding the investment transaction. During the settlement process, your investment amount will be debited from your investment account and transferred to the Sponsor.
In case the funding campaign fails (the investment opportunity falls short of full funding before the stated deadline), your investment agreement and the reservation on your investment account are automatically cancelled.
Investors from all countries are welcomed in Crowdestate loans except US citizens (due to the regulations the US government has set).
Investment minimum and maximum amount
The minimum amount of any single investment is usually EUR 100,00 (one hundred euros), and investments can be made with 100 euro intervals (i.e 100, 200, 500, 1000 euros etc).
Any new investment opportunity opens with a 24 hour prebooking period. This is a period where one investor can make one investment order within the preferred maximum investment amounts. The final investment amount will be determined by the number of prebooking investors. It will remain between 100€ and your submitted maximum investment amount.
Different types of capital and their meaning
Equity is the capital placed in the company by its owners. The owners are paid the last, after all liabilities have been paid.
Mezzanine is a hybrid capital (subordinated loan or preferred equity) that lies between equity and secured loan. It has a lower risk than equity – mezzanine financing is repaid before equity, but after all bank obligations have been fulfilled. In addition to the usual interest, bonuses that depend on the profitability of the project may be added to the mezzanine capital.
Unsecured loan is a layer of capital between equity and secured loans. They are riskier than secured loans, but also more profitable. Unsecured loans are repaid to the owner of the capital after all secured debts have been repaid.
Secured loan is the safest and thus the least profitable type of capital. The loan is secured against a collateral, which is usually a mortgage on the assets of the company or some other type of collateral. Secured loans are always repaid in the first priority.
Different types of real estate investment and their meaning
Rental – Investments to projects with available cash flow.
Development – Investments to property development projects (the construction and sale of buildings).
Speculative – Risky early-stage investments to a property where the main parameters of the development project are known, but they can change significantly during the implementation of the project (e.g. the development process of the detailed plan and its duration as well as building rights).
Various asset classes and their meaning
Working capital is a capital needed for financing the running operations of a company.
Investment is a capital placed in the development of a company, in particular in its main assets.
Bridge financing is a temporary short-term financing, usually later replaced by a long-term and more stable financing solution.
M&A is financing mergers and takeovers of businesses.
