Net investment return is interest and loan penalties earned, after deducting losses from defaulted loans and provisions for doubtful loans. Restructured loans carry provisions of 10% which in most cases does not turn out to be an actual loss and the return improves once such loan is repaid. Interest rate ranges from 5% annually on the safest loans up to 18% for the most risky projects. The weighted average project interest rate is 11.66% and the weighted average annualized loan loss rate is 1.14%, resulting in weighted net return of 10.52% (as of 2026.02.20). The return fluctuates based on the overall economic conditions, however, overall is very stable.
Growth of an EUR 1,000 investment in loans to Baltic businesses would ensure a stable savings growth over the last six year period. This return compares very favorably with returns of investment to any other general investment categories in the eurozone.
| A+ | A | B | C | D | Total | |
|---|---|---|---|---|---|---|
| Issued | € 14,146,879 | € 22,314,989 | € 56,587,562 | € 25,853,523 | € 2,927,344 | € 121,830,297 |
| Repaid | € 13,878,229 | € 18,111,838 | € 41,304,779 | € 21,088,647 | € 2,626,883 | € 97,010,376 |
| Active | € 254,500 | € 2,071,838 | € 10,009,486 | € 3,133,715 | € 103,611 | € 15,573,150 |
| 1-30 days | € 7,900 | € 1,449,911 | € 3,096,639 | € 789,019 | € 46,733 | € 5,390,203 |
| 31-60 days | € 2,967 | € 0 | € 761,682 | € 171,291 | € 37,724 | € 973,664 |
| 61-90 days | € 3,283 | € 269,424 | € 48,391 | € 48,408 | € 52,303 | € 421,809 |
| 91-180 days | € 0 | € 0 | € 441,166 | € 111,340 | € 26,200 | € 578,706 |
| 181-360 days | € 0 | € 0 | € 376,986 | € 183,692 | € 0 | € 560,679 |
| Over 361 days | € 0 | € 411,979 | € 548,433 | € 327,411 | € 33,890 | € 1,321,712 |
| A+ | A | B | C | D | Total | |
|---|---|---|---|---|---|---|
| Weighted average interest rate | 8.52% | 10.63% | 11.64% | 13.23% | 15.47% | 11.90% |
| Loan loss rate | 0.00% | 0.83% | 2.73% | 1.24% | 0.71% | 1.74% |
| Loan write-off rate | 0.00% | 0.00% | 0.24% | 0.06% | 0.00% | 0.12% |
The table below provides weighted average interest rate, annualized default rate, and annualized loss rates for portfolios generated in each year.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Weighted average interest rate | 13.98% | 12.45% | 12.87% | 11.92% | 11.11% | 11.05% | 12.32% | 12.08% | 10.73% |
| Weighted average term | 11.23 | 8.06 | 11.40 | 9.91 | 17.32 | 16.55 | 17.95 | 20.52 | 19.08 |
| Annualized default rate | 0.00% | 2.38% | 3.47% | 2.06% | 6.72% | 2.83% | 4.21% | 5.79% | 2.45% |
| Annualized loss rate | 0.00% | 0.00% | 0.32% | 0.00% | 2.70% | 1.02% | 0.53% | 1.99% | 0.88% |
| Net return | 13.98% | 12.45% | 12.55% | 11.92% | 8.41% | 10.03% | 11.79% | 10.09% | 9.85% |
Capitalia is the leading financer for small and medium enterprises in the Baltic sea region. Operating since 2007 we have financed more than 5000 businesses investing over EUR 100 million in their development.
Latvia +371 2880 0880
Lithuania +370 6168 0880
Estonia +372 5300 0880Crowdfunding services are provided by Capitalia, SE, operating under authorization from the Bank of Latvia. Investment in crowdfunding projects entails risks, including the risk of partial or entire loss of the money invested.
Partner of Lemonway, a European payment institution accredited in France by the ACPR (CIB 16568).
