Crowdestor is a forum for investments in real estate and industrial loans. Founded in 2018 , the company has invested nearly 4000 investors from various countries in loans listed on Crowdestor. Crowdestor works under Estonian Law jurisdiction. The center of the Baltic States-Riga, Latvia-is the main office and working team. To get a clearer understanding of Crowdestor, remember that without middlemen and secret requirements or prices, their model is based on investments in real estate and business ventures.
The Rates of Interest
The interest rates are super competitive depending on the crowdfunding real estate investment market. In addition, their interest rates are typically within the range of 15%-17% and, in some cases, up to 21%.
Investment forms at Crowdestor
Crowdestor has two separate crowdfunding templates available on their webpage:
- Modern crowdfunding – a means of collecting business capital from various investors by creating pledges or collateral thereon.
- Equity crowdfunding-a way to collect business capital from various investors by selling off equity pieces.
Garantie Crowdestor Buyback
Crowdestor revealed a few months ago that it would build a buyback program. In case the creditor defaults it will be used to repay the creditors. The initial budget was €50 000 and it is rising thanks to a new project committee.
Benefits and Drawbacks
- Quite high Rates of Interest
- Projects are active in different fields
- Projects are periodically added
- Capital to buyback
- The interface is child
- No auto-investment feature
- Any Side Business
Why does crowdestor work, and who can invest?
Crowdestor is available to anyone 18 years of age or older who is willing to make investments on the platform by getting a European bank account. Organizations may also lend if they have a bank account within the EU. You can deposit and withdraw your funds via bank transfer once you make a registration.
How do you continue making investments? (Account opens)
The first step is to always open the portal to an investment account. Crowdestor makes the process as simple as possible. You can actually sign in to your Google account, or select an alternative through Facebook. You should make the full registration as well. You will need to submit your ID card or Passport after that, and wait for a response from the Crowdestor team. Your account is ready, after all these moves. You only have to bring money via bank transfer or your credit card into your account. Banks typically need to move the funds from 1 to 3 days (depends on the bank and country).
Allow the very first investment
After verifying your status, you will have full access to all of the projects open to funding. Crowdestor has a user-friendly and intuitive dashboard which helps you to easily pick the project you like more. Remember the minimum amount of investment is 50 euros. For fact, interest rates are determined as of the day you start saving, rather than the day that the investment is completely financed.
You will invest?
On the one hand Crowdestor is a very young and unregulated site located in Estonia. In comparison, in case of default, they have competitive interest rates for their consumers and buyback fund. But we always encourage our visitors to visit our platform rating page before making your investment and you will possibly find some alternative platform that will satisfy your investment needs. Remember, don't forget to leave your feedback with the Crowdestor post.
Crowd Estor main features and highlights
- Loans Investments
Leave a message to Crowd Estor
If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.