{"id":7768,"date":"2020-06-22T14:42:36","date_gmt":"2020-06-22T14:42:36","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=7768"},"modified":"2020-07-18T22:14:21","modified_gmt":"2020-07-18T22:14:21","slug":"estateguru-loan-portfolio-overview-may-2020","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/06\/22\/estateguru-loan-portfolio-overview-may-2020\/","title":{"rendered":"EstateGuru: Loan Portfolio Overview May 2020"},"content":{"rendered":"\n<\/a>\n\n\n\n

With the economy recovering, after reopening, EstateGuru presented a positive trend on their financial performance in May. The recent news of the success in the fundraising process through the Seedrs equity campaign also show the trust of investors in the EstateGuru project and their willingness to support the platform growth. <\/p>\n\n\n\n

Volume of Financed Loans<\/h2>\n\n\n\n

During May 2020, EstateGuru investors financed \u20ac4,7M worth of loans.<\/p>\n\n\n\n

\"EstateGuru<\/a>
Source: EstateGuru Blog<\/figcaption><\/figure><\/div>\n\n\n\n

During the month, EstateGuru borrowers paid back \u20ac3,9M worth of loan principals and the rate of loans repaid (fully repaid) in May 2020 was 11,6%. The track record of EstateGuru remains impressive with a total amount of \u20ac15,5M in investors earning since 2014.<\/p>\n\n\n\n

\"EstateGuru<\/a>
Source: EstateGuru Blog<\/figcaption><\/figure><\/div>\n\n\n\n

Volume of Defaulted Loans<\/h2>\n\n\n\n

The amount of defaulted loans decreased from \u20ac5,6M to \u20ac5,5M. EstateGuru was able to recover 1 defaulted loan and expect the same will happen during June. The platform objective is to keep the default rate below 10% and a steady recovery process of the defaulted loans.<\/p>\n\n\n\n

\n
<\/div>\n\n\n\n
\n<\/a>\n<\/div>\n\n\n\n
<\/div>\n<\/div>\n\n\n\n

EstateGuru Track Record<\/h2>\n\n\n\n
\"EstateGuru<\/a>
Source: EstateGuru Blog<\/figcaption><\/figure><\/div>\n\n\n\n

Market Recovery Perspectives<\/h2>\n\n\n\n

It is already possible to see a positive trend in the investment market. The demand for new loans increased and the funds available to lend also increased. The result is lower interest rates, when compared to previous months, and an indication that the bottom of the crisis has been passed and real estate market sentiment is improving.<\/p>\n\n\n\n

<\/i><\/div>

Sign-Up Bonus<\/h4><\/div><\/div>
Earn 0.5% on all investments<\/strong> over the first 3 months in cashback<\/div><\/div>
EstateGuru Sign-Up Bonus
Thank you for supporting Savings4Freedom!<\/a><\/div><\/div><\/div><\/div><\/div>\n\n\n\n

<\/p>\n\n\n\n

What to learn more about Estateguru?<\/h2>\n\n\n\n
\"EstateGuru<\/a>
Check all articles about Estateguru<\/figcaption><\/figure><\/div>\n\n\n\n
\n\n\n\n

EstateGuru Alternatives and Competitors<\/h2>\n\n\n\n
\n
\n
\"Real<\/a><\/figure>\n<\/div>\n\n\n\n
\n
\"Business<\/a><\/figure>\n<\/div>\n\n\n\n
\n
\"Personal<\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n

<\/p>\n\n\n\n

\n\n\n\n

Do you what to receive updates on new publications? Check SavingsForFreedom on Telegram<\/a><\/strong> and WhatsApp<\/a><\/strong>, or follow the blog in the links below! Thank you!<\/p>\n\n\n\n