First asset backed security from FLEXIDEA is repaid
First FLEXIDEA Asset-Backed Security has been recovered and repaid. We are happy for all investors that had participated in this ABS as it was the first ABS of FLEXIDEA issued assets. All the interest and penalty interest have been transferred to Investors accounts.
Interest rate 8%
Penalty rate 10% (47 days)
Grace period 7 days (8% of interest)