{"id":8501,"date":"2020-10-08T20:00:00","date_gmt":"2020-10-08T20:00:00","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=8501"},"modified":"2020-10-11T12:18:29","modified_gmt":"2020-10-11T12:18:29","slug":"crowdestor-quick-overview","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/10\/08\/crowdestor-quick-overview\/","title":{"rendered":"Crowdestor: Quick Overview"},"content":{"rendered":"\n<\/a>\n\n\n\n

Crowdestor is a high yield & high risk marketplace platform focused on enterprise peer-to-peer lending. Founded in 2017 and launched in 2018 by Gunars Udris<\/strong><\/a> and Janis Timma<\/strong><\/a>, Crowdestor facilitates the financing of real estate loans, business loans, and startup projects from Latvia, Germany, United Kingdom and Russia, among others.<\/p>\n\n\n\n

Crowdestor is registered in Tallinn, Estonia but their offices are in Riga, Latvia. The\u00a0 number of investors using the platform and projects available have grown rapidly, with a significant investment in platform development funded through an internal equity crowdfunding campaign. Each presented loan needs to be considered individually, since the type of collateral and guarantees are very different from project to project. During 2020, the platform was among the most scrutinized in the P2P industry, with significant changes in their Provision Fund<\/strong><\/a> offer, and being a target of a DDoS attack<\/strong><\/a>.<\/p>\n\n\n\n

Janis Timma<\/strong><\/a> is among the most engaged and ambitious P2P platform CEOs in the industry, aiming to build the leading business crowdfunding platform in Europe.<\/p>\n\n\n\n

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Crowdestor Quick Review<\/h2>\n\n\n\n
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Type of Loans Available<\/h4><\/div><\/div>
Business Loans<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Average Interest Rate<\/h4><\/div><\/div>
10% – 32%<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Buyback \/ Secured Loans<\/h4><\/div><\/div>
Asset as Collateral<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Early Exit \/ Secondary Market<\/h4><\/div><\/div>
Yes. With a fee for the seller<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Auto Invest Feature<\/h4><\/div><\/div>
Yes<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Control over Loans Invested<\/h4><\/div><\/div>
Yes, you choose<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Money Drag<\/h4><\/div><\/div>
No. Broad range of loans to invest in<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Hidden Fees<\/h4><\/div><\/div>
Yes. For sellers on secondary market<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Loan Duration<\/h4><\/div><\/div>
3 months to 2 years<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Reporting Tools<\/h4><\/div><\/div>
High Quality<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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User Experience<\/h4><\/div><\/div>
High Quality<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Sign-Up Bonus<\/h4><\/div><\/div>
In case you employ my referral link<\/a> to invest in <\/em>Crowdestor<\/a><\/em><\/strong> you earn 0.5% on all investments<\/strong> over the first 180 days in cashback<\/em><\/em><\/em><\/div><\/div>
Crowdestor Sign-up Bonus
Thank you for supporting Savings4Freedom!<\/a><\/div><\/div><\/div><\/div><\/div>\n\n\n\n

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What to learn more about Crowdestor?<\/h2>\n\n\n\n
\"Crowdestor<\/a>
Check all articles about Crowdestor by clicking the image above <\/figcaption><\/figure><\/div>\n\n\n\n
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Crowdestor Alternatives and Competitors<\/h2>\n\n\n\n
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\"Real<\/a><\/figure>\n<\/div>\n\n\n\n
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\"Business<\/a><\/figure>\n<\/div>\n\n\n\n
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\"Personal<\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n

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