Evergreen Finance

Last Updated: 25.11.2024. Date when the basic information was updated
Evergreen Finance
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 210 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 13.5 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
0% - 10%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
13.2%
Website:
Moneyboat.co.uk
Founded:
2014
Employees:
76
Joined Mintos:
December 2019
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Personal loans (revolving pool) Personal loans (revolving pool)
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Annual percentage rate charged to borrowers:
288.35%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 12 478 313
Schedule extension: During the first 30 days after the due date of a loan payment, the borrower can opt for extending the loan payment schedule. The maximum number of extensions depends on the loan agreement and can't be more than 6. If the lending company agrees, the loan will be automatically updated, with the new schedule, and the due dates for all outstanding payments will be extended by up to 31 days. Investors will continue to earn the same interest throughout the remaining loan term.
Up to 6

Recent News

21.01.2020

UK based loan originator Evergreen Finance London Ltd launches on Mintos
All News

About

Evergreen Finance is regulated by the Financial Conduct Authority (FCA), one of the most respected financial regulators in Europe. The company issues its personal loans through the brand Moneyboat.co.uk.

Money Boat provides small loans of GBP 200 to GBP 1,500, for between 2 weeks and 6 months, at a rate of 0.79% per day. Customers of Moneyboat.co.uk are UK residents, typically working-class individuals, who prefer to access personal credit in a timely and convenient manner. They borrow in order to meet unexpected expenses or household bills, gifts, holidays or recreation.

Presentation

Presentation

Last Updated: 25.11.2024

Financials

Financials

Last Updated: 25.10.2024

Loan Agreement

Loan Agreement

Last Updated: 25.11.2024