Last month, Crowdpear business clients repaid 19 real estate-backed loans to our investors, a total of over EUR 1.05 million (excluding interest)—the highest amount repaid in one month on the Crowdpear platform.
In November, our investors fully funded 11 real estate-backed loans, totaling EUR 794 300, and received EUR 39 807 in interest.
Since the beginning of Crowdpear’s operation, our investors have funded 211 loans worth over EUR 15.9 million and received over EUR 764 053 in interest. 106 loans exceeding EUR 6.4 million have already been repaid to our investors.
At the end of November, the average loan amount funded on Crowdpear was EUR 75 406, and the average LTV on the platform was 59.02%.
Currently, Crowdpear has ten late loans. Five projects, with a total loan amount of EUR 802 500, are in the recovery process. We want to remind you that +5% additional annual interest is accumulated for investors for each day of the interest payment or loan repayment delay if the project developer is not in the insolvency process.
Today, Crowdpear has 7 318 verified investors.
Thank you for choosing Crowdpear for your investments.