In July, Crowdpear investors funded 20 real estate-backed loans totaling EUR 1.41 million. The total amount of loans funded by Crowdpear exceeded EUR 29.48 million.
Last month, Crowdpear investors were paid EUR 109 336 in interest, exceeding EUR 1.73 million in total interest payments since the platform’s launch.
In July, Crowdpear business clients repaid 2 real estate-backed loans to our investors, totaling EUR 741 924 (excluding interest).
Since Crowdpear’s inception, investors have already funded 334 loans worth EUR 29.77 million. More than half of the funded loans, i.e., 190 loans worth over EUR 17.22 million, have already been repaid to our investors.
At the end of July, the average loan amount funded on Crowdpear was EUR 89 137, and the average LTV on the platform was 59.5%.
Four projects, with a total loan amount of EUR 705 246, 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.
Currently, Crowdpear has 8 593 verified investors.
More detailed statistics are available on Crowdpear’s website.
Thank you for choosing Crowdpear for your investments.