In March, Crowdpear investors fully funded 10 real estate-backed loans, totaling EUR 0.56 million and received EUR 21 299 in interest. Last month, 8 loans were repaid, totaling EUR 0.42 million, which is the highest number of loans repaid in one month on the platform.
Since the beginning of Crowdpear’s operation, investors have funded 117 loans worth EUR 8.93 million and earned EUR 258 657 in interest. 28 loans, totaling EUR 1.5 million, have already been repaid to our investors.
The average loan amount on Crowdpear is EUR 76 331. The average LTV on the platform is 59.71%.
Currently, Crowdpear has one late loan due to the longer than expected sale process of the house. The developer plans to refinance this loan to extend the loan term and dedicate more time to a successful sale of the developed property. We want to remind you that +5% additional annual interest is paid to investors for the delay period (for each day of the delay).
Today, Crowdpear has over 6 333 verified investors.
Thank you for choosing Crowdpear for your investments.