Estateguru Blog
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
  • To EstateGuru.co
No Result
View All Result
  • lv Latviešu
  • lt Lietuvių
  • fi Suomi
  • et Eesti
  • en English
  • de Deutsch
Create account
Estateguru P2P lending Blog
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
Estateguru P2P lending Blog
Home Portfolio overviews

Loan portfolio overview (February 2021)

11-03-2021
in Portfolio overviews
Reading Time: 2 mins read
0 0
Loan portfolio overview February

In February we continued to apply our proactive business model, and consequently the financed loan amount was once again over €10M, which has been our new standard since August 2020. Both Finland and Estonia contributed strongly with 1/3 of the total volume each in February.

Repayments remained stable and our borrowers are still resilient to the current health and economic crisis. In February, borrowers repaid 59 loans (€8,1M) with an average return of 10,5%.

During the second half of February only one small recovery occurred in Estonia (€0,05M). The default rate increased 1,7 percentage points due to a number of problematic Finnish loans and is currently at 7,7%. We are working closely with our Finnish legal and debt collection partners to recover these loans. As we are over-secured, we do not forecast any capital loss, but see that, due to local legislation, the recovery process will take time.

We will keep you informed about the credit portfolio quality on a monthly basis.

Related Posts

Loan Portfolio Overview (August, 2023)

Loan portfolio overview (July 2023)

Loan portfolio Overview (June 2023)

ShareShareSendSendTweet
Previous Post

The Estateguru Ambassador program

Next Post

What you need to know about institutional investors on Estateguru

Recommended for you

Loan Portfolio Overview (August, 2023)
Portfolio overviews

Loan Portfolio Overview (August, 2023)

27-09-2023
The Real Estate Development Process
Investing

The Real Estate Development Process

25-09-2023
Crowdfunding is back: Estateguru investors financed projects for nearly 19 million in two summer months, earned 3 million
Company news

Crowdfunding is back: Estateguru investors financed projects for nearly 19 million in two summer months, earned 3 million

19-09-2023
German Loan Update: September, 2023
Investing

German Loan Update: September, 2023

11-09-2023
Guru Spotlight: Anna Krupodjorova
Office life

Guru Spotlight: Anna Krupodjorova

01-09-2023
Estateguru’s enhanced credit policy: What’s new?
Company news

Estateguru’s Enhanced Credit Policy: What’s New?

30-08-2023

Estateguru OÜ Tartu mnt 10/Pääsukese 2, Tallinn
Tel: +372 6412 777
Email: info@estateguru.co

Other Links

  • Start Investing
  • About Estateguru
  • FAQs
  • Cookies & Privacy Policy
  • Contact & Support
Trustpilot

© 2022 Estateguru - The leading European marketplace for short-term, property-backed loans.

No Result
View All Result
  • Investing
  • Borrowing
  • Portfolio overviews
  • Case studies
  • Press
  • Company news
  • Office life
  • To Estateguru.co
  • Create Account
  • lv Latviešu
  • lt Lietuvių
  • fi Suomi
  • et Eesti
  • en English
  • de Deutsch

© 2022 Estateguru - The leading European marketplace for short-term, property-backed loans.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.