First ever loan-based crowdfunding successfully closed

First ever loan-based crowdfunding successfully closed

Our first loan-based crowdfunding campaign has closed! Several days ago Sushirullen, an ecological sushi shop, were funded 10 000 euro in the first ever loan-based crowdfunding campaign on FundedByMe. And they did it in only 56 hours!

29 lenders from 23 countries decided to lend to Sushirullen their money for 6 months. Why? Two main reasons:

  • They believe in the business model presented by Johan Falk, Sushirullen’s CEO and founder. A long roll of sushi that you can eat like a sandwich is a good idea, isn’t it?
  • The yearly interest rate of their investment is 14,33%. Negative interest rates in some other countries, makes this deal even better.

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What’s more, the whole procedure is very user friendly – 100% online. It is also secure for lenders – they can see the risk indicator by Bisnode scoring agency and the risk indicator by FundedByMe which is calculated based on Bisnode and UC financial information. So the lenders are aware of the investment risk, but on the other hand know exactly when and how much they could earn.

 

 

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