Sandbox Funding ABS – available for investments

Debitum new loan originator – company Sandbox Funding – has launched it’s second ABS program.

Sandbox Funding is a Latvian non-bank financing company that issues business loans to SMEs registered in the EU and EEA. Sandbox Funding issues loans to possible partners of Debitum.

Sandbox Funding program details:

• Total loan amount – 480 000 EUROS
• Interest – 12% p.a.
• Period – 369 days
• Category – C
• Penalty fee in case of late repayment – 10% (in total 22%)
• Skin in the game – 10%
• Collateral – pledge over all Debtor’s assets

More about Sandbox Funding you can find here, in our blog article – How Sandbox Funding works.

Before investing we invite you to read documents related to Sandbox Funding and the new ABS. You can find these documents in ABS preview, document section – click here.

Have a safe and pleasant investing with Debitum.