Loan/Debt
Lendahand
Description
Lendahand is an online impact investing platform that assists impactful entrepreneurs and SMEs in emerging markets globally to access affordable and quick debt funding from socially conscious EU retail investors.
Investment Details
Debt credit facility (via promissory notes)
Seniority: Senior (security optional) Tenor: 6-48 months Repayment schedule: Semi-annual, linear amortising Use of funds: 1) Working capital in relation to inventory and/or receivables financing; 2) Structured asset financing (off balance sheet); 3) (shorter term) CAPEX financing
Funding Procedure
1. Initial Scan: Potential candidates are screened against a standard framework of minimum requirements
2. Initial clearance in principal
3. Further due diligence
4. External credit committee approval
5. Structuring and contract execution
6. Company gets onboarded as an investee and launches a campaign on Lendahand.com
7. On-going monitoring on financial covenants and KPIs
Target Impact
Job creation and increasing access to energy
Contacts
Investments Team (Investment@lendahand.com)
Tobias Grinwis (tobias.grinwis@lendahand.com)
Michelle Heah (michelle.heah@lendahand.com
Online: https://www.lendahand.com/en-EU/contact
