As we mentioned in our May update, we have been seeing a steady increase in loan demand and this resulted in strong sales volumes in June, as our investors financed €7,6M worth of loans, which puts us firmly on track to get back to pre-crisis levels soon.
Continue reading “Loan portfolio overview – June 2020”Category: Company news
EstateGuru’s audited annual report – 2019
2019 was a monumental year for EstateGuru, with several key platform developments and unprecedented growth in investor and loan numbers.
Continue reading “EstateGuru’s audited annual report – 2019”Loan portfolio overview -April 2020
The latest in our monthly loan portfolio updates shows how EstateGuru performed in a time of crisis, and we are glad to report that the news is good.
In April of 2020, our investors financed €4,1M worth of loans.
Our borrowers showed resistance to economic conditions and paid back €3,1M worth of loan principals (please see the graph below). The return rate of repaid loans (fully repaid) in April of 2020 was 10,8%. EstateGuru investors have earned a total amount of €15,0M since 2014.
Continue reading “Loan portfolio overview -April 2020”Loan portfolio overview (March 2020)
At EstateGuru we have always placed great value on transparency, which is why you are receiving this update. We hope that it gives you a great overview of where we are during this time of unprecedented crisis, the state of our loan portfolio, and why we are convinced that we are not only able to weather the storm, but emerge from it stronger than ever before.
Continue reading “Loan portfolio overview (March 2020)”Alternative financing will play a vital role in the future of the world’s economy
Marek Pärtel, Co-Founder & CEO of EstateGuru
Life has patterns and it’s enormously important to find yours. Everything will fall into place once you do. My mission in life over the last six years has been to help entrepreneurs who own small and medium-sized companies to realize their plans and allow people to gain financial freedom by investing in property-backed loans.
Continue reading “Alternative financing will play a vital role in the future of the world’s economy”